Core Viewpoint - The "Standard for the Stability Assurance System of Securities Industry Information Systems (Draft for Comments)" is being solicited for opinions by the China Securities Association, aiming to provide authoritative guidance for brokerages to establish a comprehensive and effective stability assurance system [1] Group 1: Framework of the Standard - The Standard proposes a "three-in-one" stability assurance system framework, which includes organizational assurance, institutional assurance, and process assurance [1] - It specifies requirements for organizational structure, personnel capability, and management of process assurance capabilities [1] Group 2: Organizational Structure - Brokerages are encouraged to establish dedicated stability assurance organizations, introducing a unique "vertical functional + horizontal optimization" dual team structure [1] - The vertical team focuses on operational depth and practical capabilities, covering key areas such as application systems, databases, resources, networks, and data center operations [1] - The horizontal team is responsible for process optimization and technical support, including technical services, process management, operational data analysis, and operational platform development [1] Group 3: Personnel Capability - The Standard emphasizes three dimensions: "capability assessment - personnel training - human-machine collaboration" [1] - Brokerages are required to establish clear position capability models and competency assessment mechanisms, along with corresponding training and incentive mechanisms [1] - There is a forward-looking exploration to construct a new operational capability model of "human-machine collaboration" to adapt to automation and intelligent development trends [1]

Core Viewpoint - The China Securities Association is seeking industry feedback on the draft "Stability Assurance System Standards for Securities Industry" to enhance the stability of securities companies' networks and information systems, thereby improving the overall stability of the capital market [1][4]. Group 1: Current Issues in System Stability - The securities market requires high continuity in trading, and any anomalies in trading systems can directly impact investor rights and market order [2]. - The complexity of system architecture has significantly increased due to the widespread adoption of technologies like cloud computing and distributed architecture, making traditional maintenance models inadequate [2]. - Current risk perception during operation is primarily reactive, lacking proactive data-driven risk identification capabilities [2]. Group 2: Proposed "Three-in-One" Assurance System - The "Stability Assurance System Standards" aims to integrate best practices from securities companies to provide a practical framework for stability assurance, promoting a shift towards intelligent, standardized, and collaborative development across the industry [3]. - The proposed framework includes organizational support, personnel capability requirements, and goal management, ensuring that management requirements are actionable and traceable [3]. - The standards incorporate advanced technologies such as AI algorithms and big data analysis into stability management processes, establishing a data-driven approach to stability assurance [3]. Group 3: Importance of Stability in Financial Markets - The drafting of the standards involved nearly 20 industry experts, focusing on enhancing operational resilience and maintainability through digital means [4]. - The stability of information systems in the securities industry is deemed a core foundation for ensuring the safe operation of financial markets, as emphasized in various policy documents [5].

Core Viewpoint - The China Securities Association is seeking industry feedback on the draft "Stability Assurance System Standards for Securities Industry" to enhance the stability of securities companies' networks and information systems [1][4]. Group 1: Current Issues in System Stability - The securities market requires high continuity in trading, and any system anomalies can directly impact investor rights and market order [2]. - The complexity of system architecture has increased significantly due to the widespread adoption of technologies like cloud computing and distributed architecture, making traditional maintenance models inadequate [2]. - Current risk perception is primarily reactive, lacking proactive data-driven risk identification capabilities, which makes it difficult to avoid potential hazards [2]. Group 2: Proposed "Three-in-One" Assurance System - The draft standards aim to integrate best practices from securities companies to provide a practical framework for stability assurance, promoting a shift towards intelligent, standardized, and collaborative development in the industry [3]. - The "Three-in-One" framework includes organizational support, personnel capability requirements, and goal management, ensuring a comprehensive approach to stability assurance [3]. - The standards incorporate advanced technologies such as AI algorithms and big data analytics into stability management processes, establishing a data-driven work model [3]. Group 3: Importance of Stability in Financial Markets - The drafting process involved nearly 20 industry experts, focusing on enhancing operational resilience and maintainability through digital means [4]. - The standards emphasize measurable stability evaluation factors, such as "fault monitoring discovery rate" and "recovery capability compliance rate," to create a closed-loop improvement mechanism [4]. - The stability of information systems in the securities industry is deemed essential for ensuring the safe operation of financial markets, as highlighted in various policy documents [5].

Core Viewpoint - The China Securities Association (CSA) is developing a standard for the stability assurance system of information systems in the securities industry to enhance the stability of capital markets and address existing pain points in system management [1][2][3] Group 1: Industry Challenges - The industry faces four main challenges: lack of resilience design in system development, high operational risk prevention costs, reliance on expert experience for emergency response, and insufficient application of intelligent technologies [2][3] - Current operational risk perception is primarily reactive, lacking proactive data-driven risk detection capabilities [2] - Emergency response efficiency is hindered by dependence on individual expert knowledge rather than data-driven collaborative capabilities [2] Group 2: Standard Development Principles - The standard is based on four principles: compliance, controllability, closed-loop processes, and data-driven approaches [2] - It aims to provide technical support for securities firms to meet regulatory compliance requirements while being adaptable to different institutional sizes [2][3] Group 3: Stability Assurance Framework - The standard proposes a "three-in-one" stability assurance framework, which includes organizational support, institutional support, and process support [3] - Organizational support defines the structure and personnel competency requirements for stability assurance [3] - Institutional support encompasses regulations, technical standards, and operational procedures to ensure traceability and implementation [3] Group 4: Innovative Approaches - The standard integrates advanced technologies such as AI algorithms and big data analysis into stability management processes [3][4] - It establishes measurable stability evaluation metrics, including fault monitoring discovery rates and recovery capability standards [4] - A continuous improvement mechanism is proposed, focusing on monitoring, evaluation, and optimization [4]

Core Viewpoint - The China Securities Association has drafted a standard for the stability assurance system of securities industry information systems, addressing the increasing complexity of system architecture due to advanced technologies like distributed architecture and microservices [1] Group 1: Background and Rationale - The current management practices in securities firms have accumulated experience in system stability management, including change control, emergency response, emergency drills, and monitoring alert mechanisms [1] - The traditional passive operation and maintenance model is becoming inadequate to meet business demands due to the exponential increase in system architecture complexity [1] Group 2: Principles and Framework - The drafted standard is based on four principles: compliance, controllability, closed-loop, and data [1] - It proposes a "three-in-one" stability assurance system framework that includes organizational, institutional, and procedural guarantees [1] Group 3: Organizational and Institutional Guarantees - Organizational guarantees specify the structure, personnel capability requirements, and goal management for stability assurance [1] - Institutional guarantees encompass regulations, technical standards, operational procedures, and timelines, forming a closed-loop system to ensure management requirements are actionable and traceable [1] Group 4: Process Guarantees - The process guarantees focus on ten core processes related to stability architecture management, observability management, monitoring alerts, and fault management [1] - Each core process includes mechanism guarantees, key activities, and evaluation elements [1]

Core Viewpoint - The China Securities Association has drafted a standard for the stability assurance system of securities industry information systems, addressing the increasing complexity of system architecture due to advanced technologies like distributed architecture and microservices [1] Group 1: Background and Rationale - The current management practices in system stability have accumulated experience, including change control, emergency response, drills, and monitoring mechanisms [1] - The traditional passive operation and maintenance model is becoming inadequate to meet business demands due to the exponential increase in system architecture complexity [1] Group 2: Principles and Framework - The drafted standard is based on four principles: compliance, controllability, closed-loop, and data [1] - It proposes a "three-in-one" stability assurance system framework that includes organizational, institutional, and procedural guarantees [1] Group 3: Organizational and Institutional Guarantees - Organizational guarantees specify the structure, personnel capability requirements, and goal management for stability assurance [1] - Institutional guarantees encompass regulations, technical standards, operational procedures, and timelines, forming a closed-loop system to ensure management requirements are actionable and traceable [1] Group 4: Process Guarantees - The process guarantees focus on ten core processes related to stability architecture management, observability management, monitoring and alerting, and fault management [1] - Each core process includes mechanism guarantees, key activities, and evaluation elements [1]