Through position forecasting and management, financial companies can allocate funds flexibly and timely, keep interbank deposits at a reasonable level, avoid capital backlog and blind allocation, and improve capital efficiency; Second, through fund position management, we can effectively broaden the sources of funds, rationally arrange the structure of assets and liabilities, effectively realize the use of various funds, expand the channels for the use of funds, and improve the ability of enterprises to cope with liquidity risks; Thirdly, effective fund position management can make the company allocate funds flexibly according to market conditions, avoid the loss of opportunity cost caused by a large number of funds stranded or the waste of capital cost caused by blind mobilization of funds, thus improving the profitability of funds.
The management of capital position is of great significance to the operation and profit of financial companies, so this paper focuses on the factors, methods and improvement measures of position prediction, and provides valuable reference and suggestions.
Main problems in financial status management of financial companies.
First, it is highly dependent on the group's capital flow.
From the source of funds, financial companies are different from banking financial institutions. They can't absorb the deposits of the public, but only the deposits of member units, and their ability to hedge liquidity risks by relying on the source of funds is obviously lower than that of banks. Group funds will show different flow rules according to different industries. Generally speaking, the equity changes of enterprise groups with diversified business scope or holding companies with many industries are relatively balanced, and the influence of different industries and businesses on cash flow can play a moderate hedging role; However, the change of group equity with single business scope or concentrated industries owned by holding companies will have an expanding effect, doubling the peak of equity and prolonging the trough of capital shortage.
Second, the ability to predict positions is weak.
At present, the position management of most financial companies only depends on the payment plans submitted by member companies and business departments. Although this has reduced the difficulty and workload of member companies in submitting plans to some extent, it is relatively passive. Unilateral cash flow forecast without reporting the plan will inevitably lead to inaccurate, untimely and incomplete estimation, thus reducing the overall effectiveness of capital position forecast and the efficiency of capital use. At the same time, the fund position management forecast of most financial companies is only limited to the short-term analysis within one week, and the medium-and long-term capital flow forecast of the group or member units has not yet formed a systematic analysis method, and the information of the upstream and downstream capital chains in the supply chain is incomplete, which has weak control over the overall cash flow and turnover process.
Third, the construction of information network needs to be strengthened.
At present, most financial companies use information systems similar to banks to conduct business, and their core business systems are mainly used to handle basic businesses such as financial institutions' settlement and credit, while most financial software used by member companies is based on enterprise accounting information systems, which easily leads to relatively low accuracy of data analysis and management of financial companies, thus reducing the effectiveness of position management.