In 2020, the sudden epidemic broke people's normal life, the global economy was in turmoil, and the uncertainty rose sharply, which brought great challenges to China's financial industry. In the same year, the bank wealth management subsidiary was born, financial technology empowerment was in full swing, wealth management transformation was surging, and the fund industry ushered in an unprecedented storm. In this context, the 5th International Forum on Intelligent Finance and the 2020 annual ceremony of financial industry pilot sponsored by the financial sector were held in 12 and 10 in Beijing. Hundreds of financial giants gathered together to have in-depth and pragmatic discussions and exchanges on the digital transformation and development of the financial industry, the application of financial technology in wealth management, the great era of Public Offering of Fund, and the future of pension finance.

Wang Songliang, deputy director of Harvest Visual Data Technology Department, said in the discussion of the securities parallel forum that digitalization will bring more development horizons.

Pictured: Wang Songliang, Deputy Director of Jiashi Visual Data Technology Department

Wang Songliang mentioned that digitalization has two dimensions: in a narrow sense, digitalization means compiling everything on paper into the system. But now we are generally talking about a broad concept, which is to turn the whole company into a data-centric organization and a data-driven organization.

Wang Songliang, for example, said that in June 5438+ 10 this year, the US Department of Defense issued a white paper on data strategy report, the core of which emphasized the establishment of a data-centric organization, which was very important to realize the identifiability, accessibility, understandability, correlation and analysis of the data of the whole organization, and to establish a matching data manpower organization. A data-centric organization is actually talent plus data. A typical example is Goldman Sachs, which claims to be a financial technology company, but it is. In addition to the IT department, 50% of the people in the business department are IT talents, and the business application is completed based on the unified data platform provided by enterprises.

Wang Songliang said that a very important feature of data-driven is that everything should be measurable, which has been emphasized and promoted by Harvest. A thing can be measured, which is the beginning of its progress. If it cannot be measured, it will never be improved.

"Taking the bumper harvest as an example, KYP is relatively simple, because the products are all made by enterprises. However, KYC is more complicated and challenging because customer information is limited. Unlike Ali and Tencent, you can know all dimensions of customers, banks and governments. The richness of data is a huge challenge for many companies in KYC. " Wang Songliang said.

Finally, Wang Songliang pointed out that the bigger social problem behind it is the data oligarchy, which is similar in the world and China. Data is in the hands of several giants, and new small and medium-sized companies can't compete with it. How to solve it may involve legislative issues. In the era of data capital, a balanced idea is put forward, which advocates data democracy and opposes data oligarchy. After the data of operating enterprises reach a certain level, they will be shared in an appropriate form, so that other companies can grow up.