“新基建”赋能公募高质量发展

Core Viewpoint - The launch of the FISP platform marks a significant advancement in the public fund industry, addressing long-standing issues such as high operational costs and low capital efficiency, thereby enhancing the direct sales service for institutional investors [1][2]. Group 1: FISP Platform Overview - The FISP platform is an industry service platform authorized by the China Securities Regulatory Commission and operated by China Securities Depository and Clearing Corporation, aimed at improving the efficiency of fund direct sales [1][2]. - It provides a centralized, standardized, and automated "one-stop" data information exchange service for institutional investors, creating a standardized "highway" for direct sales in the public fund industry [1][2]. Group 2: Efficiency and Cost Reduction - The FISP platform enhances industry efficiency through hardware and software improvements, including shared infrastructure and unified data standards, which reduce redundancy and lower human and technical costs [2]. - Direct sales via the FISP platform may offer fee advantages compared to indirect sales, potentially lowering investment costs for investors [2]. Group 3: Service Empowerment and Security - The platform significantly shortens transaction cycles and improves capital utilization efficiency, while digitalization enhances transaction processing efficiency [2]. - FISP also strengthens financial data security and risk prevention through a comprehensive governance system, which helps build investor confidence and purifies the market environment [2]. Group 4: Future Outlook - The full potential of the FISP platform will require collaborative efforts across the industry, emphasizing a shift from scale to investor returns in fund management practices [3]. - The ongoing effectiveness of this "new infrastructure" is expected to support the stable development of the public fund industry and enhance its role in serving the real economy and managing residents' wealth [3].