Seek .(US:SKLTY) Zheng Quan Shi Bao Wang·2025-02-25 04:44Core Insights - The financial industry is rapidly adopting the DeepSeek model, with major banks like ICBC, CCB, and PSBC integrating it into their operations for applications such as intelligent customer service and risk management [1][2][3] - Smaller banks and internet banks are also leveraging open-source models like DeepSeek to enhance internal processes and customer interactions, indicating a broader trend of AI adoption across the sector [3][4] - Wealth management companies are beginning to explore the use of DeepSeek for various applications, including risk assessment and contract verification, highlighting the model's versatility [4][6] Group 1: Adoption by Major Banks - Major banks are enriching their existing AI model frameworks by integrating DeepSeek, with CCB customizing the model for group-wide applications [2][3] - ICBC has introduced DeepSeek on its proprietary platform, focusing on areas like financial report analysis and wealth management [2] - PSBC has deployed DeepSeek in its customer service assistant, enhancing its ability to understand user needs and improve service efficiency [2][3] Group 2: Utilization by Smaller Banks - Smaller banks are benefiting from open-source models, creating applications like office assistants to improve employee experience [3] - NewNet Bank has been using DeepSeek since May 2024 for research and development, significantly reducing the time engineers spend on technical documentation [3] - The trend indicates that advanced AI models are becoming accessible to smaller financial institutions, not just large banks [3] Group 3: Wealth Management Sector Engagement - Wealth management firms are actively pursuing the integration of DeepSeek, with CCB's subsidiary already researching its applications in financial services [4] - Everbright Wealth has localized the DeepSeek distilled model for contract information verification, improving efficiency in data comparison [4] - Other firms are reassessing their technology investment strategies in light of DeepSeek's capabilities, indicating a shift in focus towards tech-driven financial products [5][6] Group 4: Expanding Application Scenarios - The application of DeepSeek is evolving from internal efficiency improvements to external customer-facing services, such as investment research and loan approvals [7][8] - PSBC's use of DeepSeek in remote banking services exemplifies the model's ability to enhance customer interaction and operational efficiency [7] - The financial sector is exploring various applications, including fraud detection and risk management, showcasing the model's adaptability [8] Group 5: Strategic Considerations - The rapid adoption of AI models raises concerns about information security and the need for robust data protection measures [9] - Financial institutions are advised to avoid over-reliance on technology and instead focus on strategic, technical, and talent development to ensure sustainable growth [9][10] - The emergence of AI models like DeepSeek necessitates a reevaluation of operational processes and management strategies within banks [10]