Dongrong: The training of financial talents in the age of large data

Large data is opening a major transformation of the times, will be in the economic and social, political and military, medical and health, scientific research and other areas of major changes, its influence has been fully infiltrated into the financial industry, promoting the mobile finance, internet finance and other new financial sectors continue to emerge, traditional finance is moving to information technology How to actively deal with the opportunities and challenges brought by information finance in the era of large data, advancing with the times and facing the future to promote financial education and financial personnel training is an important topic in the current financial education work.

Big data drives huge changes in the financial sector

Wikipedia defines large data as "a collection of data that cannot be crawled, managed, and processed with conventional software tools within the allowable time, and the standard for large data scales is constantly changing, and is currently used to refer to the size of a single dataset between dozens of TB and a PB." "In recent years, big data has exploded, with global data of 2011 1.8ZB, and global data expected to reach 40ZB by 2020." For large data, the international consensus has been reached: large data is a very important asset, resource and production factors, whether to have and control the size of data and the ability to use data, has become a measure of enterprise and even the core competitiveness of the country's important indicators. McKinsey published the Next Frontier: innovation, competition and productivity in 2011, saying big data would spark a new round of productivity growth and innovation. 9374.html "The Big Data Big impact" report, released in 2012 by the World Economic Forum, explains the new opportunities that big data brings to the world. The United Nations published in May 2012 a white paper on "Big Data for development: Opportunities and Challenges", which is expected to provide policymakers with more accurate policy support and "big data" to promote global economic development. Through the reasonable sharing and use of data to create a huge wealth, it will set off a new wave of information technology revolution, drive new industrial development, the research and development, production, circulation and social management and other fields have important influence. Large data represents not only a technological innovation, it also means that the development strategy of all industries and the mode of business operation and even people's way of thinking will be greatly changed.

The informatization of our country's finance has started early, especially from the early stage of reform and opening-up to the end of last century, Informatization has become a revolutionary change in financial reform, which lays a solid foundation for the reform and development of China's financial system. At present, China's financial sector informatization has been gradually developed from the auxiliary stage and the support stage to the leading stage and the integration stage. Whether it is payment liquidation, anti-money laundering, credit, financial statistics and other national financial infrastructure, as well as commercial banks, securities companies and insurance companies business Transactions system, the daily operation of a large number of transaction data, at the same time, the larger historical data as a support for analysis and decision-making, large data in the financial field of the application of the value of the increasingly apparent.

With the development of information technology such as large data, the informatization of financial industry in our country is undergoing the transformation to information finance. On the one hand, the financial system utilizes its advantages in hardware and software and data occupancy and processing ability, and continuously perfects its original customer service, risk management, resource allocation and payment settlement mode, which makes the transaction more transparent, quicker service and lower operating cost. On the other hand, information technology is constantly upgraded, all kinds of institutions have entered or tried to enter the field of information finance, in the banking, insurance, securities, electricity, mobile operators, IT companies are very active, "You have me, I have you," the financial mixed business trend is further revealed, innovative activities are emerging, To a certain extent, the financial sector is experiencing a new change in the information age, and information finance is becoming an important development direction of the financial industry.

The development of information finance in the age of accommodating large data

Over the past decade, Internet-represented information technology has had a destabilizing effect on many areas such as communications, books and retailing. Then it could have a significant impact on more industries such as film and television, education and health care. As an industry that does not need logistics, financial industry is bound to be influenced by information technology, especially in financial payment, financial information processing, financial resources allocation, this trend will inevitably. With the advent of the large data age, the current financial information is accelerating to the information finance transformation, the traditional financial system, the original business model and ideas will inevitably be impacted.

In the face of any new things, we should hold an objective analysis and tolerant attitude. The governor of the People's Bank of China, in an interview with CCTV in August 2013, said the Internet financial "to maintain a normal mentality and support the concept of innovation." The State Council on promoting information consumption to expand domestic demand in a number of views explicitly put forward, "promote the Internet financial innovation, standardize the Internet financial services." "The State Council on financial support for small micro-enterprises in the implementation of the opinion" also put forward, "make full use of the Internet and other new technologies and tools, and constantly innovate the network financial service model."

As a new financial industry which gathers financial business and various emerging information technology, information finance is a technology-intensive industry with a large number of high-end and compound talents. At present, the talent team in the financial field of China can not fully meet the needs of the development of information finance, and it is urgent to cultivate a large number of complex talents with many knowledge and skills, such as financial business, information technology and management. Especially in the field of large data, requires the talented person to have the strong business understanding ability, the data asset management ability, the data processing ability as well as the data mining ability, but at present our country banking big Data application is still in the initial stage, the big Data standard and the industrial pattern has not formed, the big data development The mining and utilization of large data need legislation, information sharing and information protection mechanism to be perfected, and the talents who understand large data and can make use of large data to innovate should be cultivated and stored urgently. All these have put forward the new request and the challenge to the modern financial education and the talented person training.

Financial education and talent training in the age of large data

The development of information finance in large data age has put forward higher requirements for current and future financial practitioners. Financial industry and education industry should further change the concept, take initiative to deal with, strengthen cooperation, from anticipate, small start, vigorously carry out the finance education and talent training in the large data age, and do well the talent reserve for the development of our country's financial reform.

First, change the concept and actively deal with it. In modern society, the basic, strategic and decisive role of talents in the core competence of financial industry is becoming more and more prominent. In the face of the big data age and the development of information finance, financial institutions should "be in danger", renew their ideas in time, soberly recognize the past successful experience, mature mode of operation, large scale of assets, business outlets throughout the urban and rural areas and tens of thousands of employees, and can not ensure the "peace of On the contrary, we should promptly and accurately judge the characteristics of large data age and the trend of financial development, fully understand the modern scientific and cultural quality of talent is the most scarce resources. To prepare for a rainy day, we should pay attention to the training of modern financial talents, especially the combination talents who know both business and technology.

Second, the timely and dynamic reform and innovation. Over the past decade, the Internet has had a disruptive impact on many areas, and the education sector has been deeply affected. Today, education and training activities do not have to be confined to the campus and classroom, learning consultation and exchange discussions can be done through the network without time and space constraints. At present, the financial education and training in China have a significant gap compared with the modern information technology and the innovation of the financial market. This kind of disparity is embodied in many aspects, such as professional setting, curriculum design, teaching material development, teaching method, management mechanism and so on. In such a background, how to deal with the relationship between inheritance and innovation, the traditional education and training model and modern learning technology, tools, is the important task of financial education.

Third, strengthen cooperation and share resources. The 2013 National cadre Education and Training Conference, once again stressed the significance and function of cadre education and training. To improve the scientific level of cadre education and training, we must give full play to the enthusiasm, initiative and creativity of various departments, and open the training idea, scientific and practical training method and coordinated and efficient operation mechanism. At present, the pattern of the supervision of financial division in China objectively leads to the development of the Cadre education and training in the financial industry, but we should see that the growth of the large data age and the information finance has blurred the boundary between the financial and non-financial sectors, as well as the banks, insurance and securities. Therefore, financial education and training must adhere to the open training concept, strengthen coordination and cooperation among departments, industries and places, and promote the sharing of educational resources.

Four, anticipate, small start. At present, the overall level of financial talent development in China and developed countries still have a certain gap, and the needs of domestic economic and financial development, there are some places that do not adapt. The next 36, when the 100 anniversary of the founding of New China, will be China's financial reform and development of the important strategic opportunity period, in the face of new situations, new tasks and new requirements, the financial sector should further enhance the sense of responsibility, mission and crisis, and firmly establish the concept of talent is the first resource, to find the right point of entry and focus, starting from small things, From this unit, the school to start, and firmly promote the construction of financial talent team.

Three years ago, in order to implement the strategy of talent country and strengthen the construction of financial talent, according to the National Long-term Talent Development plan outline (2010-2020 years), the People's Bank in conjunction with the CBRC, SFC and Circ issued the "medium and long term planning for financial talent development (2010-2020 years)", This paper has clarified the guiding ideology, strategic goal and main task of financial talents development in recent ten years, emphasized "strengthening education and training, improving the quality of financial talents", and put forward nine key projects and some policy measures for the construction of financial talent team, and gradually achieved results. "Does not accumulate bujikuibu, not even thousands of miles, does not accumulate the fine flow, does not have to become Jianghai". To realize China's financial reform and development of the strategic objectives, financial education, I sincerely hope that financial sector leaders attach great importance to financial education and training, financial education and training workers devote themselves to practice, for the Chinese financial cause to create high-quality talent. Vice President of the People's Bank of China Dongrong