Far East Horizon Invited to Participate in China Telecommunication Sweet Orange Financial Internet Financial Science and Technology Forum
On September 20, China Telecom's Sweet Orange Financial Internet Financial Science and Technology Forum was successfully held in Guangzhou's Intercontinental Poly Hotel. This forum is an important segment of the 2019 Tianyi Intelligent Ecology Expo. With the theme of "5G Science and Technology New Potential Energy Fusion Financial New Ecology", it invited many academic representatives and industry partners to attend and share and exchange views on the future blueprint of financial science and technology in the 5G era.
This time, Far East Horizon's People's Livelihood and Consumption Division and Horizon Financial Services Information Technology Co., Ltd. were invited to attend the forum as strategic partners of China Telecom. Cao jian, senior vice president of the company, Zhan jing, general manager of People's Livelihood and Consumption Division and Horizon Financial Services represented the company.
On the scene of the meeting, Cao jian brought a keynote speech to the scene from the perspective of a new ecology of finance-to take a look at the new trends of finance and create a new ecology of opening up. He also shared the foundation and space for the future coordinated development with China Telecom's Sweet Orange Finance.
Explore the New Trend of Finance
With the arrival of 5G era, science and technology will affect more fields, the boundary of financial industry is also continuously extending, and the combination of the two will be further deepened. According to Cao jian, "the new trend of financial development in the future has three major powers: technological power, demand power and ecological power." As far as technology empowerment is concerned, financial technology has become an important driving force for the innovation and development of traditional financial industry, catalyzing the change and optimization of business mode, service capability and resource allocation, and reconstructing all links of the original financial production chain with the aid of technology. Demand empowerment is reflected in the diversified needs of users, which have given birth to new financial formats such as third-party payment and consumer finance. Users' experience is also enabling financial institutions to improve service quality. Ecological empowerment is embodied in the construction and integration of online and offline ecological circles such as health care, entertainment and retail from the past model of selling products first and then providing services. It brings into play the agglomeration effect, generates a large number of customer groups, and then provides corresponding products and upgrades corresponding services.
To jointly create a new open ecology
The future of financial science and technology development will also be a win-win situation in the financial ecosystem. Cao jian mentioned that Horizon Financial Services is a professional platform for Far East Horizon's consumer leasing services, adhering to the concept of combining with diversified consumption scenarios, and is committed to building high-quality growth in financial science and technology capabilities. Currently, it has a good cooperation foundation with China Telecom Sweet Orange Finance. In the future, Far East Horizon and China Telecom Sweet Orange Finance will continue to deepen their cooperation and realize complementary and coordinated development of resources. In terms of product collaboration, cooperation can be carried out on the capital side, asset side and wealth management to give full play to their respective advantages and provide users with more comprehensive and convenient products and services. In terms of resource sharing, both parties can cover online and offline consumption scenarios such as entertainment, retail, health, culture and education, and further expand their business territory. In terms of technology empowerment, both parties can accumulate and deposit B-end enterprise data and C-end personal user big data and wind control models to enable SME financing and consumer finance businesses through integration and sharing.
Signing of "Framework Agreement on Building Financial Science and Technology Ecology in 5G Era"
At the end of the meeting, China Telecom Sweet Orange Finance invited all strategic partners to jointly sign the "Framework Agreement on Building Financial Science and Technology Ecology in 5G Era". Cao jian said that Far East Horizon and Horizon Financial Services, together with other partners in the fields of payment and data services, will form ecological synergy with Sweet Orange Finance to stimulate ecological energy, build a new financial ecology that is more open, efficient and technological and move towards win-win.