Overview of the process of financial mergers and acquisitions in the field of financial big data

Gu Chen Wei, CEO of Credit Suisse, after the strategy was dug Finance acquisition, the following is his speech after the chief financial officer:

By the end of 2011, Amoeba Capital has started to contact with the policy and formally invested in early 2012 . Amoeba's three partners in Beijing, Hong Kong and Hangzhou, respectively, when they are in the layout of financial big data, the cloth in the letter.

Previously, Credit Suisse helped financial and retail organizations to do digital business intelligence services. I am a financial background, I work in Capital One for 8 years and then general manager of business decision-making at Standard Chartered Bank (Hong Kong) Anti-fraud and risk control, the main financial big data mining. The policy team developed to 20 a few individuals, customers are Mengniu, Bank of China, Bank of Communications, these large companies. Of course, I also find it difficult to expand this business, because it can not fix the customer's stay.

In 2011, we also naturally focused on the integration of finance and the Internet. We also observed such enterprises as patching loans. However, the combination of the two was considered as credit exposure. I think the best for us to do is the big data O2O industry, retail enterprises to do some intelligent membership marketing system, the retail business is generally one to many publicity, we do the system "guest treasure" allows them to discount, Points for customers to do one to one release. It was also surprising to have won the spring champion of "Innovation China" in Entrepreneurial State. IDC partner Mao Chengyu finals that day to find me, I guess he was on the scene looking like a project Hunter. A few days IDGF Li Feng, another partner also found me.

Digging money is on the line in 2009, after the investment in Li Zhiguo, has been in Hangzhou Bofu Pioneer Park. The original intention of digging money for this product is to be a useful accounting software, I know the governing country has been investing in it.

What I did not think of before is that the concept of "Internet finance" was set off earlier this year. Although many people do not know the meaning of this concept at all, everyone obviously is paying attention. I introduce my background to Li Feng: Capital One has a very deep understanding of the financial industry. I joined in 1996 and spent 8 years. This company is equivalent to evolving from the credit card department of a prefecture-level city bank to the United States The fifth largest bank, but also the Internet Whampoa Whampoa military professionals, melting 360 Ye Qing is also out from here.

Li Feng told me after hearing that financial risk control and data mining are two blades of a sword, and my most powerful blade did not play. Talked about the current business strategy, he quickly responded: This is the percentage point under the line, I think this understanding is too thorough, and he is very sharp person. Later on, I learned that the second hand technology of advertising effectiveness evaluation through data mining was his investment, and the percentage of big data companies in the e-commerce industry was IDG's investment.

Fusion with digging money is something that everyone thinks of at the same time. However, I suspect that the governing state may have had such an idea long ago, but he is a more relaxed man and will not ask harder. During the Spring China Final in Innovation China, I also thought of visiting customers. During this period, some other companies mentioned some deals, and we made a comprehensive consideration. Ultimately think and dig the most popular family, are poor children, are in the entrepreneurial stage. Most importantly, we are on the threshold of financial big data.

The promotion of governing the country, but also IDG continued to help, coupled with the digging money team has also had good exchange in recent years, we quickly sort out the two converging ideas that singles are better off together to do. Later, IDG is also very confident to invest, at the bottom of the current digging has accumulated nearly 50 million users, in fact, it is difficult to do, all the way from the Saipan accumulation; the other end of the financial big data understanding, I think very Few people can catch up with the policy team.

August formally determine the acquisition of the policy, I immediately take the team to run Hangzhou strategy, the first to do this piece of financial products, so that digging in the data mining results can be docked to the bank. To be honest, in the product design perspective, we can hardly help, but dealing with the bank will be a bit easier. We currently have some great collaborations. It sounds like a myth for a small company to get a list of big banks. But these are all derived from accumulation. I have accumulated in this industry for several decades. Every year, some financial industry conferences are hosts. While working in Hong Kong, some mainland banks Executives come by me responsible for the reception.

Fortune 40 million users dig financial institutions to see our different value. For example, we can analyze how many cards a user may have, whether there has been a large investment in the recent past, and if there is a recent purchase of a house, it is bound to have decoration-induced consumption.

The current position of digging money is: through the highly effective understanding of personal finance, to provide users with convenient, tailored low-threshold financial services. Previous private banks need millions of dollars to open an account, if the average consumer wants to buy a financial product, only a few thousand dollars how to do? Alibaba's balance treasure is a more standardized product, not tailored. Since accounting data can be used to find out the potential financial and lending needs of users, the financial products can be purchased directly with the Internet. Only the original bookkeeping, and now this closed-loop can get through.

This acquisition also inspired me. I realized I was flawed. The financial industry was biased towards the offline. I lacked the Internet genes. At the beginning of the spring of "Innovating China", judges, other players and organizers hardly knew about it at the beginning of the year. Entrepreneurs like me have also been labeled a bunch of labels, returnees, Banker, but I think these labels are negatively related to entrepreneurship. I feel extremely fortunate to survive.

Digging money or digging money, or blessed in blessed land, after the merger, we can not be triumphant. Now BAT have to do the financial, photos from the Internet point of view, half past 1 Alipay lights, how can we mix the small company? Only redouble our efforts. In Hangzhou, Choi Choi team name and Choi Bi, Hai Bei, ingot, I gave myself a name of King Kong.

Recently, the staff of the original letter policy team would go to Hangzhou several days each week to work with the large army. In order to let the teams in Shanghai and Hangzhou heat up with each other, I also made some mistakes to encourage everyone to eat together. Now my colleagues in Shanghai go back and chat in Hangzhou and Hangzhou have been very hot.

Therefore, we are standing on the pinnacle of Internet finance and are optimistic about the future. I have seen the acceptance of dataization by the U.S. financial industry. At first, Americans did not have data genes. China's financial sector has embraced data mining so fast that practitioners believe the value of data. The entire Chinese society is turning to digitalization, just as the inevitable phase of the development of civilization.

Original link: http://www.huxiu.com/article/23333/1.html

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