Futures Company Actively Prepares For Information Management "One To Many"

< p > recently, the SFC has put forward the management measures of private assets management business of securities and futures institutions (Draft), which has been issued to some Futures Company and securities dealers, and put forward that the information management products distributed in different agencies and different carriers should be integrated into a unified management framework.

At the same time, the "measures" also specifically stated that Futures Company will release the "one to many" business restrictions, allowing Futures Company to collect funds from multiple clients to carry out information management business.

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Jin Shi Xing, senior director of Guotai Junan Futures and information management department (P), after seeing the "measures", according to a reporter, the rules governing information management of securities companies and fund companies have undergone great changes in recent years, while Futures Company's rules of information management are relatively conservative.

"Now the regulators have incorporated them into the unified management framework, which means that everyone is standing on the same starting line, and Futures Company management has finally enjoyed" national treatment ".

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< p > in fact, there are no detailed rules for the Futures Company to accept a specific multi client business mode, resulting in poor fund raising channels and high management costs.

If Futures Company wants to accept more than a href= "http:// www.91se91.com/news/index_c.asp" > client delegate < /a >, managers can only use other fund-raising platforms to operate, and once this policy is implemented, Futures Company will be greatly enriched by accepting clients' entrustment, and Futures Company can also issue more diversified information management products.

Jin Shixing said.

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< p > for this reason, Zhao Jingjing, director of the Ministry of information and management of the a href= "http:// www.91se91.com/news/index_c.asp" > futures "/a", said that at present, Futures Company needs to enrich the existing strategies to accommodate more funds. At the same time, the Futures Company will also face more complicated situations when the "one to many" business is released, such as the need to deal with the purchase and redemption of different investors at different time periods, which requires the corresponding system of Futures Company.

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< p > > "one to many" business, Futures Company will be very busy.

Another large Futures Company responsible person said that in order to meet this business, the company is preparing for the technical system, contract text, liquidation valuation, strategy and so on.

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< p > in addition, Yan Baiqing, deputy general manager of the Department of futures and information management, also believes that Futures Company's product sales ability must also keep pace with it.

"Compared with Yongan futures, GF < a href=" http:// www.91se91.com/news/index_c.asp "> futures < /a > and other strong sales companies, most Futures Company in sales channels are relatively weak, in the short term, Futures Company will not change significantly with the form of fund accounts.

Yan Baiqing said.

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< p > on the implementation of the provisions on Futures Company's information management in the "measures", many people interviewed in the industry said that the possibility is very great.

"Futures Company has a better understanding of risk management, platform building, IT technology and external investment. If these advantages are put into play, there will be room for development of Futures Company's information management business."

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< p > reporter has learned that most Futures Company are already preparing "one to many" businesses.

"When we purchase the asset management system, we will consider the" one to many "business as the main factor.

We will also consider the strategy design.

Yan Baiqing told reporters at the same time that the recent development of Tung sin futures in the provinces and cities from the original dozen to more than 30 now is to prepare for future sales channels.

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< p > however, insiders also believe that after the "one to many" business has been liberalized, Futures Company's information management business needs a long-term process if it wants to make qualitative changes.

"The core of derivatives is still in risk management capabilities. Futures Company wants to change the quality of its resources, and it also needs to build a complete system of investment, research, trading and sales, which requires Futures Company's continuous investment in human and financial resources."

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