Zheng Quan Shi Bao·2025-05-15 19:25Core Viewpoint - The digital transformation of commercial banks has entered a critical phase, with a focus on accelerating the layout of data assets while maintaining a long-term strategic vision [1][4]. Group 1: Data Asset Development - Various financial institutions, including state-owned and joint-stock banks, are actively exploring the inclusion of data assets in their annual reports and are showing a preference for talent recruitment in this area [1]. - The value of core data, such as transaction and credit assessment data, has surpassed mere business support and is now a strategic asset that will determine the future competitiveness of commercial banks [1]. Group 2: Building a High-Quality Data Ecosystem - Building a high-quality data ecosystem requires continuous efforts in three dimensions: governance system investment, forward-looking technology architecture, and systematic talent development [2][3]. - Data governance is an ongoing process that requires continuous optimization rather than a one-time project [3]. - New technologies like distributed databases, privacy computing, and blockchain are reshaping data infrastructure, and banks should align with these technological trends to build flexible and scalable data platforms [3]. - There is a need for a talent mechanism that combines recruitment and development to attract scarce composite talents who understand both financial business and data technology [3]. Group 3: Challenges and Strategic Focus - Commercial banks face several challenges in building their data ecosystems, including valuation difficulties due to the lack of recognized data asset pricing methods, compliance risks in balancing data utilization and privacy protection, and long investment cycles that may take 3 to 5 years to yield significant benefits [3]. - Maintaining strategic focus and establishing comprehensive internal control processes and assessment mechanisms are essential for banks to navigate these challenges [3]. Group 4: Future Outlook - The digital transformation wave is expected to lead to a new round of differentiation in the banking industry based on data capabilities, with banks that excel in data capabilities gaining advantages in customer service, risk control, and operational efficiency [4]. - The true winners in the data asset monetization race will be those innovators who continuously improve their data ecosystems with a long-term perspective, rather than mere followers [4]. - Balancing innovation and risk management, as well as establishing sustainable data business models, will be ongoing challenges for the banking industry [4].