In the new growth stage, securities companies are also facing various business challenges, including stricter regulatory environment, industry mergers and acquisitions, foreign competition and so on. , which requires more business innovation and management innovation.
The business of the securities industry is inseparable from the support of IT technology. Securities companies have gained rare development opportunities in the new growth stage, and also put forward new requirements for the application of IT technology. Modern securities market uses computer technology and network technology to complete the inquiry, transaction, settlement and internal fund settlement of the whole transaction. Therefore, the application of IT technology will have a vital impact on the development and innovation of the entire securities industry.
Centralized trading system, supporting the business model transformation of the sales department.
Since 2003, major domestic securities companies have started to build a centralized file exchange system. Centralized trading system realizes data concentration, clearing concentration and quotation concentration. In the centralized trading mode, the data is concentrated in the headquarters, which can realize the centralized management and intelligent application of all data in brokerage business. So as to improve management efficiency. Due to the centralized management and maintenance of data, it can effectively prevent the "black-box operation" of the sales department and reduce the operational risk of brokerage business; At the same time, it is also convenient for the headquarters to collect, process and intensively cultivate all kinds of business data, providing a technical basis for management innovation such as real-time monitoring, off-site monitoring and customer relationship management.
With the establishment and improvement of online trading, telephone entrustment and other trading channels, the direct volume of documents in some business departments has been diverted. The construction and improvement of the centralized trading system supports the transformation of the business model of the business department, highlights the marketing and customer service functions of the business department, and promotes the management innovation of the brokerage business. After centralized trading, the investment of human and material resources in the "trading channel" of the business department will be greatly reduced, and the centralized resources can be improved.
Its professional service level of investment and financial management, marketing and business expansion and transformation, and then enhance its core competitiveness of brokerage business.
Optimize the front-end system of the Division and enhance the core competitiveness.
With the function of the business department expanding from the place of market inquiry and transaction to more marketing and customer service functions, the front-end lT system of the business department needs to be optimized and adjusted according to the business needs, providing users with complete financial management and consultation, and expanding new customers and new businesses.
Most of the existing front-end IT systems in the sales department have obvious shortcomings in supporting the business development of the sales department, which are mainly reflected in:
1. Diskless workstations cannot support new business applications. The new business system has high requirements for system standardization and performance. The existing diskless workstation system uses a lot of system resources to support the operating system of the client, and it can't effectively realize the new business system.
Support.
Second, the equipment is aging and the maintenance cost has risen sharply. After a period of downturn in the securities market, the front desk terminal of the business department has not been updated for a long time, the equipment is seriously aging, the failure probability is greatly increased, and the maintenance cost rises sharply under the condition of insufficient assets.
Third, the upgrading ability is poor. The new business model needs a more open and flexible system. In the open environment, the diskless workstation has some shortcomings in system upgrade and compatibility with stronger application systems, which can not provide reliable guarantee for future business upgrade and expansion. The front-end system of the business department supports the business operation and innovation of the whole business department. Since 2006, many brokers began to optimize the front-end system and use IT technology to enhance their core competitiveness.
Best practice of terminal construction and management in securities industry
On the basis of serving the lT applications of users in the global securities industry, the cloud era summarizes the best practices of improving and optimizing the terminal applications of users in the securities industry. To sum up, we need to consider the following three aspects:
How to treat today/tomorrow
Stable performance and low failure rate are the important goals of user IT system in securities industry. The terminal equipment of the securities business department has been used for a long time, and the users are complex and diverse. Generally, there are no vulnerable parts such as floppy drive, CD-ROM drive and hard disk, so the external interface is restricted. Users can't copy and install the software into the system at will, and they can't copy it at will, taking away the data in the terminal, shielding the common security reasons.
With the continuous development of the securities industry, the application complexity is gradually increasing. In the process of building and optimizing new terminal systems, new services are constantly emerging. The compatibility of future new business systems must also be seriously considered in the selection of the next generation platform. The adopted client system structure also needs great flexibility in compatibility.
At present, IT managers in the securities industry need to pay attention to the following issues:
1. How to replace outdated equipment?
2. How to keep the business running smoothly/continuously?
3. If you are compatible with the new business system.
Replacing products designed by embedded technology is undoubtedly an effective way to improve the reliability and stability of the system. The local system software of thin client in cloud era is designed with embedded technology, which ensures the stable operation of the system from both hardware and software, and its failure rate is greatly reduced compared with PC and diskless station. The customized thin client of securities in the cloud era is fully compatible with the existing diskless DOS/WIN98/WIN2000 client system and Novell communication protocol. Equipment replacement is simple and easy. It can ensure the smooth operation of the business system.
Issues that IT managers in securities industry need to pay attention to tomorrow.
1. How to complete the smooth transition and upgrade of the whole system?
2. How to maintain the safety/reliability/low operation and maintenance factors of the existing system?
At present, many application modes adopted by the securities business department reflect the advantages of centralized management to a certain extent, and have supported the business operation of the securities business department for a long time, but the diskless workstation technology can only support relatively simple applications. With the increase of application complexity, new services are constantly emerging, and it is difficult for diskless stations and Novell communication protocols to adapt to such business development trends. Generally, PC executes programs locally, and its computing power is limited by its own configuration, so there is a problem of software and hardware cycle upgrade, that is, the upgrade of software system will force the hardware system to follow suit. In this way, for clients that need long-term use, the upgrade cost will be higher and the upgrade process will be very complicated. In addition, the standard PC system has inherent defects in reliability, life cycle and maintenance cost. IT is difficult to meet the overall requirements of the IT system in the securities industry.
For tomorrow, the cloud era suggests upgrading the system with TCSC, such as Microsoft Terminal Services or other similar methods. The thin client in CloudTimes is embedded, connected to the windows terminal server through the terminal service client, and the real application system client is installed on the windows terminal server. The installation and upgrade of application system client will be very simple. Moreover, the compatibility of application systems is very high, and there is no need to consider the architectural requirements of each application system. Using this structure, it not only retains the important characteristics of low maintenance and high security of "Novell" diskless station system, but also is very easy to be compatible with most mainstream applications at present and in the future. In addition, it will be very simple and fast to transfer from the existing Novell diskless station system to the new system.
How to realize centralized management and reduce future maintenance costs?
The IT staff in the sales department need to deal with a lot of maintenance work. Each brokerage company often has many business branches all over the country. The simple maintenance of Dali will greatly limit the personnel and time investment of brokers in it innovation, and its decentralization will also involve too much maintenance energy, which will undoubtedly delay the deployment and implementation of innovative business. In the process of terminal upgrading and optimization, how to make overall planning, further centralize the IT management structure as a whole and reduce the degree of decentralized maintenance is also a problem that needs careful consideration. Consider how to improve maintenance efficiency, so that IT personnel can devote more energy to new business applications and development.
How to reduce the overall operating cost
As the most direct interactive interface with investors, the customer client system of the user business hall in the securities industry directly affects the overall operating cost of users in the securities industry. Just this part of IT equipment in the business hall. How to reduce the overall operating cost, besides the initial purchase cost, how to prolong the service life of the equipment, how to reduce the maintenance cost and improve the system availability during the long service life will be more decisive considerations.
The standard service life of traditional PC and diskless workstation is about 3-4 years, and the service life cycle of the first-class PC in the industry is about 4-6 years. If this period is exceeded, the failure rate will greatly increase the cost of updating components. In CloudTimes, the service life of the thin client customized for the securities industry can reach 29 years (MTB mean time between failures is 2567000 hours), which can completely extend the service life of the terminal to more than 10 year. The integrated design of the whole machine does not need to pay extra cost for the replacement of parts. Using traditional PC/ diskless station, its energy consumption has exceeded 2ow/ set, which brings great pressure to power cost and maintenance management. Thin-client products in the cloud era will reduce the energy consumption of a single machine to 20-30W, and each machine will save more than three years 1500 yuan. And the energy cost is greatly saved. And the overall operation and maintenance cost is reduced. If more than 500 terminals are deployed in each business hall, the three-year electricity saving will bring 750,000 yuan, greatly reducing the operating cost of the whole business hall. In the traditional securities business system solution, Novell network is used as the support of the securities front-end business system, and Dos/win3 1/win98 diskless station is used as the client platform of the business system, which provides a support platform for the majority of investors to query stock market information and regime change. The customized prototype of the securities industry in the cloud era can be fully compatible with the existing network of the securities industry without adding any hardware or software. The application structure supports the traditional RPL diskless startup mode and the newer PXE diskless startup mode, and its own system platform supports many traditional systems such as DOS/win98/winXP. It can be booted as diskless or locally. The client can use diskless or local operating system to embed the quotation, which is easier for the system client. Ensure seamless client upgrade. It is completely compatible with the existing network and application environment.
TCSC's server-based computing model (thin client server-based computing) can be adopted as the upgrade structure of the system.