Compared to Internet banking big data more suitable for traditional financial sector

    Compared to Internet banking big data more suitable for traditional financial sector Original title: Compared to Internet banking, the concept is concerned, from the cacophony layers of meaning can be roughly summed up Internet Finance: First, the traditional financial services network Traditional financial services network, as the name suggests is online banking, online brokerage, online insurance, and so on. These are as old stuff, but realized late in China, the action is slower.

In fact, the Internet in the United States the earliest and most mature business model is this set, twenty years ago had appeared and flourish to this day. However, both in the financial services industry or the Internet community, and therefore are not what the company stands out, the reason is nothing but the families have done nothing innovative, best results are obtained diluted average profit. To this end a new concept today another unnecessary Second, the expansion of traditional financial services Micro-payment, credit investigation of small and micro enterprises, microfinance, flexible and mobile marketing are the extension of traditional financial services. These things before the advent of the Internet, making it time-consuming, costly and less revenue. You can use the Internet to carry out his real revenue, but difficult to improve profitability. To this end the Internet to bring a bit exaggerated three financial hats, new network of financial services and products If the public to raise investment and Bitcoin, the new stuff is new men, but belongs to a small niche market and niche markets, not worth to go to war, but not worth the creation of a new concept. Fourth, the comprehensive network of financial services, financial electricity supplier or say Under this category, mainly integrated hypermarkets mall and various financial products and services. This model-based financial services to Ali as a model, and then doped with trendy Internet concept WEB2.0, cloud computing, mobile Internet and big data, almost a full take-all Internet service platform, if only termed Finance for the Internet, it seemed a bit too narrow. Internet banking is not suitable for traditional financial industry Whether it is out of view alone, or the meaning of these four Taken together, the concept of Internet banking industry from the perspective of the Internet is nothing new to see nothing at all but since the network operators can try online financial services and great gains, then Traditional financial industry has experienced, the capital, there is a monopoly, there are users, why can not surpass it? One obvious difference is that network operators long before the decade began to try, then the network of financial services is being reprimanded, was suppressed, was the object of suspicion, experienced untold in service mode, business models and technical barriers have The experience, built up a certain amount of competition threshold. Today do this so-called Internet banking has become the stuff of social consensus, if there is eight or ten financial services platform in the Internet is almost time had a chance to kill each other, and that there is strength ahead of the competition and network operators?


Big Data Financial Today the world is moving into the era of big data, as latecomers provides a rare strategic space and opportunity. Whether in their own center offers a variety of network services have become no less important in the past, access to and use of data generated by the service of others becomes more important. The value of a service based on the data accumulated in the devaluation is not really a large number of more data, only obtain comprehensive data network in the world to integrate the use of only the value of depth because of this, the traditional financial service providers will need not imitate others Repeat Internet operators traveled roads, the establishment of various non-first non-traditional business services to the financial industry to obtain data outside of the industry can take advantage of their strengths to explore a new path.

 Compared with other traditional industries, the financial services industry is one of the highest in the electronic industry, network and data degree, perhaps second only to the network and the telecommunications industry. Data accumulated by the long-term financial services system can ensure user privacy and under the premise of trade secrets, and all walks of life by sharing data between the exchange and trading to generate big data, on top of this to explore new products and services The concept of using big data finance, develop and implement financial strategies for large data, to better reflect the financial industry's own strength and potential, but also more and network industries and other sectors of organic integration, equal competition in the era of big data to find their own survival and development greater opportunities.click to read more