Everyone lends Yang Yifu: Who can take the lead in using unstructured data

In the 2014 NetEase future Science and Technology Summit of the Financial sub-conference, the most mentioned words are innovation, subversion, regulation, which also reveals the complex state of mind in the face of the great bread of Internet finance: How to do it differently, how to touch the core interests, and how to ensure the harmony of the great environment.

Everyone loan founder Yang Yifu unique, in chat to "internet finance next innovation opportunity", gave a set of innovative concept:

Just now, for example, the balance treasure or talk about the credit is more depth of innovation, but I personally understand that this innovation is still a collection of innovation, nothing more than using some of the previous technology, with some of the previous play to it as a new combination, it is innovation, but is local or service mode on the innovation.

In Yang Yifu's eyes, the current Internet financial operating model compared to the traditional form, in fact, just add a new communication technology, this communication technology can be more convenient to serve the transfer of financial information, but it is not in itself financiers invented, nor financial characteristics. So many so-called innovation in the traditional financial industry, in fact, in the use of High-tech, the pursuit of users the latest, best and fastest information transmission. And because the internet age of information transmission is more intuitive, not only to pass the text of digital data, but also to pass a lot of video pictures and so on, and even around the world to walk, so there will be so bankers or traditional financial institutions that this is a very subversive era.

Now that the new only adds to the shell of a technological innovation, how does it really touch the financial itself, or how can it be separated from the collective innovation? In this regard, Yang Yifu, not as much data from the Internet era burst.

This kind of data is not the "systematized data" We have mastered, such as user activity, access, customer unit price, etc., nor data on the traditional financial computing model, but unstructured data that is fragmented, fragmented, or even imperceptible. Because in the future life of the scene, open your eyes from the beginning of the morning, you have been recorded. So, the people who know how to deal with this data and build the module are the ones that really capture the core of internet finance:

This is not to say that it must be done by our internet company, and any bank or financial institution can do it. Institutionally, private companies have some advantages over traditional financial institutions because the system is here and no one wants to make mistakes. There are some constraints on the traditional financial institutions, so we have some advantages, and it may not require a particularly strong accumulation, and it may be that whoever sells it first and sells it is the opportunity for the future to truly touch the core of the financial sector.

Finally, how to proceed to this matter, Yang Yifu also gave his own opinion. He felt that the nature of finance must be a risk:

How do you use the vast amount of new data accumulated in the age of the internet to make a risk measurement of our risk to make an essential change, this is true subversive innovation.

Therefore, it is a starting point to enter into the field of risk, build the law of calculation, and systematize the data. For example, there are many financial institutions in the app download information, especially insurance companies, get the data more targeted to do some risk assessment. There are also a number of foreign insurers in the mainstream car supply to discuss vehicle equipment, recording the behavior of the vehicle insurance evaluation.

However, many internet people believe that there will not be a so-called data explosion in the future, because when people become more aware of the Internet, understand the value behind the data, there will be more and more people for the privacy or value of the refusal to share data. After that, there is bound to be a data collection of the melee, the big guy can really get the so-called full and complete content, small companies will cooperate for the benefit of each other to build the most accurate data module.