FOTIC launches independently developed securities service system

China Foreign Economy and Trade Trust Co., Ltd. (FOTIC) launched Noble Securities Service Platform, the first of its kind in the securities and trust industry, at the 2017 Securities Investment and Private Equity Summit held on September 19.

Hosted by FOTIC, "Poised to Move" - 2017 Securities Investment and Private Equity Summit was a high-end forum that brought together more than 100 private equity managers and bank representatives from across the country to explore the possibilities of innovative development in the private equity field in the new regulatory situation.

FOTIC Deputy General Manager Qi Bin addressed the forum, while Zhang Yuxian, Director of Department of Economic Forecast, State Information Center, and Wu Chunjiang, General Manager Assistant of the Department of Private Banking, Head Office of China Merchants Bank, delivered keynote speeches on macroeconomic trend and the Chinese private wealth market, respectively. At a closed-door meeting, 16 industrial elites from private equity institutions and banks looked into the state of market investment and asset allocation.

The forum’s highlight was the maiden launch of the Noble Securities Service System, which has been independently developed by FOTIC.

Speaking of the system’s purpose, FOTIC Securities and Trust Business Division General Manager Ma Shaojing said that the company disclosed information for more than 10,000 times, conducted valuation and accounting for more than one million times and operated a total capital of more than RMB 1 trillion every year.

“Such a huge data system is a precious wealth for customers, but it is difficult to access. The Noble Securities Service System aims to open a new channel for customers to access one-stop full-view real-time information services. Through the App, investors can easily get real-time and historical data, including product net value and cost. At the same time, the system also provides basic analysis through graph comparison and net value ranking, providing reference for customers’ decision-making. Moreover, considering the possible future influence on investments, the system also features the function of risk control reminder. A simple software setting can enable a customer on vacation abroad to easily know about the potential risks of products,” said Ma Shaojing.

FOTIC has always valued the role of information technology in driving industrial growth. In the past decade, the company has been persistently increasing the quantum of investment in informatization. Presently, the company is ranked top in the trust industry in terms of the scale of professional technical team and annual investment. Moreover, the company has intensified investment for exploration in the field of independent R&D in recent years, thus becoming one of the few trust companies with the capacity of carrying out independent innovation.

The Noble Securities Service System has been independently developed by the company. With a customer-oriented IT distribution, the company focuses on “improving internal management efficiency and facilitating user experience”. The launch of this new system is the company’s first step towards changing the information acquisition channels of the customers. In the future, on the premise of rationality, compliance and data security assurance, the system will further optimize data analysis to provide private and effective intellectual support for customers’ investment decisions.