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为中小银行构建自主可控的核心系统。南天信息在银行核心系统的开发方面一直具有重要地位。通过与邮储银行的合作,公司开发出了融合云计算技术的新型核心系统,该系统能为我国金融核心计算机系统的国产化打下坚实的基础,更为我国金融信息安全初步趟出了一条发展之路。此外,在银行跨区域经营、新业务拓展以及外部监管要求不断变化的情况下,我国中小银行发展迅速,也由此带动他们对于银行核心系统的建设。     

中小银行核心系统发展思路

20世纪90年代国内银行开始大规模信息化建设,并呈现典型的雁性特征,即无论在业务及系统的整体规划和实施,都是大型国有银行先行,中小银行逐步跟进.中小银行结合自身的发展特点并吸取大行的信息化建设经验,有助于分析规划中小银行信息化的发展方向和建设思路.     

构建同城“双活”灾备体系,推动农商行业务创新发展——访昆山农村商业银行科技管理部总经理吴雪华

随着利率市场化加速推进,金融业竞争也日趋加剧,中小银行迫切需要利用自身优势,通过业务创新,获得发展先机。而业务创新的推动,也对银行IT系统的可用性、连续性和安全性提出了越来越高的要求。为此,越来越多的商业银行开始采用双活数据中心,希望在成本可控的情况下,进一步提高系统的可用性和灵活性,完善灾备体系。从早前的双热备到现在的双活数据中心,双活技术在银行数据系统的应用越来越普遍,不仅仅是工商银行、光大银行等大中型银行,     

分论坛二:中小银行的发展与转型

中小银行经过这几年的快速发展,已经成为中国银行业不可忽视的力量,越来越引人注目。特别是三家城商行上市之后,越来越多的银行也朝着上市的目标奋进。不少城商行已经在跨区域经营上取得了突破性进展,正朝着区域性银行甚至全国性银行的目标迈进。城市商业银行当中服务中小企业贷款的很多模式甚至成为大银行学习的标杆。在此,围绕着中小银行的战略定位、中小银行的发展经营、中小银行的产品创新、中小银行的服务流程创新等诸多大家感兴趣的问题进行交流,为同行提供一个宽松的交流平台,对大家困惑的问题进行讨论。     

“换心”策略实践分享

正面对日益激烈的国内外银行竞争环境,以"账户"为中心的老一代核心业务系统已不能满足业务发展的需要,越来越多的中小银行以"具有市场核心竞争力"为目标,纷纷改进优化或重新建设核心业务系统。成都银行于2010年6月引进国外核心业务系统并对其业务系统进行了持续的功能延伸和架构升级,打造了一套符合自身特色的核心业务系统。笔者就成都银行新一代核心业务系统建设的几点经验分享如下。     

手机银行技术风险分析和监管建议

随着互联网经济的发展以及电子银行功能的逐步丰富,电子银行业务将逐渐成为商业银行竞争的焦点。面对机遇与挑战,加快建设和发展电子银行业务已经成为商业银行,尤其是中小银行未来谋求发展的主要出路之一。为更好地为客户提供全方位、多功能的金融服务,提升银行的整体素质和竞争力,许多中小银行纷纷投产手机银行系统以进一步发展电子银行业务。     

中小银行自主开发平台建设实践

在昆山农商银行业务不断发展的趋势背景下,目前的科技系统已经越来越难以支撑业务的发展。本文介绍了行内目前的科技系统现状,分析其存在的问题,同时介绍了昆山农商银行自主开发平台的建设思路和实现方案,为其他中小银行实施平台化的系统建设模式提供一种可供参考的解决方案。     

新型理财密集上架,小银行成焦点

正近年来,理财被越来越多的投资人所重视。在超过十万亿的理财中,城商行等中小银行成为了发行的主力之一,发行收益率较高的银行理财产品成为其从四大行和股份制银行手中抢夺存款的重要武器。今年7月12日,银监会发布了《中国银监会关于完善银行理财业务组织管理体系有关事项的通知》(简称"35号文"),要求商业银行在9月底前完成理财市场部改革。其中,小银行的改革成为了关注的焦点。有市场担心,中小银行由于系统、人才、管理经验等各     

中小银行怎样应对监管新标准

5月3日,中国银监会发布《中国银行业实施新监管标准指导意见》,新标准实施后,正常条件下系统重要性银行和非系统重要性银行的资本充足率分别不得低于11．5％和10．5％,而国内银行现行的资本充足率监管要求为大型银行11．5％、中小银行10％,这意味着对可能被归为非系统重要性银行的中小银行来说,资本充足率将提高0．5个百分点。     

两难困境中更需理性抉择

从城市信用社,到城市商业银行,再到区域性银行,国内中小银行的每一次业务转型,都经历了核心系统的升级改造,而每一次的升级改造带来的都是伤筋动骨式的变化。特别是近几年国内外金融环境的日趋多变和金融产品的日渐复杂,一些同行在新核心系统建设中不尽如人意的经历,给本已不堪重负的中小银行带来了沉重的压力和困惑:核心系统究竟做成什么样,哪种建设模式更适合自己。处在两难困境中的中小银行正在经受着从未有过的艰难抉择。     

Debt and Taxes and Uncertainty

With a graduated personal tax schedule, Miller showed that there could be an equilibrium debt supply for the corporate sector as a whole. In the presence of uncertainty there is also a unique debt/equity ratio for each individual firm, and this ratio is related to the firm's operational risk characteristics. However, if firms merge and spin off in response to tax incentives, the identity of firms is ambiguous and only the corporate sector is a meaningful construct. These arguments are developed in both discrete and continuous models that employ extensions of the arbitrage-free pricing theory.     

教育与资本怎样的前景怎样的现实

来自政府的声音: "动员各种社会资源,发展教育" 此次论坛上财政部长助理张少春的发言是最受关注的发言之一.他的演讲传达出的信息有这样几方面:第一,谈到现实,他认为全社会对教育的巨大需求与我国公共投入不足已成为我国教育事业发展的突出矛盾.近年来,以公共部门投入为主,多渠道筹措教育经费的教育投入机制成为解决这一问题的重要途径,也使得公共部门与私营部门在教育领域的合作日益密切.第二,谈到前景,他认为,1.中国经济持续、快速的增长对高技能人才产生巨大的需求,这为私营部门的参与提供了广阔空间.2.随着公共财政职能的不断完善,财政资金将在各项教育事业中重新进行分配,进一步优化财政支出结构,提高资金的使用效率.在"十一五"期间,我国将把公共支出的重点转移到农村.我们将逐步把全体农村适龄儿童的义务教育全部纳入公共财政体制.     

East and west and north and south : A preliminary model

The Brandt report and other proposals for a new North-South world order continue to be the focus of lively debate, yet it is often argued that little concrete has emerged from their recommendations. A major reason for this, the author argues, is that the East-West conflict component is not sufficiently taken into consideration-East-West tensions are a severe constraint on and a determining factor of North-South relations. Using influence diagrams, the author develops a flexible framework for discussion and assessment of N/S-E/W relations.     

Director gender and mergers and acquisitions

Does director gender influence CEO empire building? Does it affect the bid premium paid for target firms? Less overconfident female directors less overestimate merger gains. As a result, firms with female directors are less likely to make acquisitions and if they do, pay lower bid premia. Using acquisition bids by S&P 1500 companies during 1997–2009 we find that each additional female director is associated with 7.6% fewer bids, and each additional female director on a bidder board reduces the bid premium paid by 15.4%. Our findings support the notion that female directors help create shareholder value through their influence on acquisition decisions. We also discuss other possible interpretations of our findings.     

Political corruption and mergers and acquisitions

This research examines the relation between political corruption and mergers and acquisitions (M&As). We find that local corruption increases firm acquisitiveness but decreases firm targetiveness. The levels of corruption in acquirer areas relate positively to the bid premiums and negatively to the likelihood of deal completion. Corruption motivates acquiring firms to use excess cash for payment, which mitigates the negative effect of corruption on acquirer shareholder value. The evidence indicates that acquisitions help acquiring firms convert cash into hard-to-extract assets and relocate assets from the high to low corruption areas, thereby shielding their liquid assets from expropriation by local officials.     

Trust and cross-border mergers and acquisitions

A number of studies suggest that social trust matters for investment. Using different measures of trust from World Values Survey, we show that countries where people display higher levels of trust engage in more cross-border M&A activities. When they do, these acquirers pay lower premiums. To the extent that these acquirers also tend to engage in larger acquisitions as well, our findings suggest that a larger selection pool of potential targets and higher value targets enable these acquirers to negotiate for lower premiums. We do not find evidence of the significant effect for target country trust levels. Hence, trust may benefit those acquiring firms in cross-border transactions.     

Tournament-based incentives and mergers and acquisitions

This research examines the relation between tournament-based incentives, which are proxied by the difference between a firm's CEO pay and the median pay of the senior managers, and mergers and acquisitions (M&As). We find that tournament-based incentives are positively related to firm acquisitiveness and acquiring firms' stock and operating performance. Further analysis indicates that positive acquisition performance increases the likelihood of the CEO being promoted from inside the acquiring firm. Our evidence is consistent with the view that tournament-based incentives motivate acquiring firms' managers to make greater efforts and take more risk that result in superior acquisition performance.     

Corporate Innovations and Mergers and Acquisitions

Using a large and unique patent‐merger data set over the period 1984 to 2006, we show that companies with large patent portfolios and low R&D expenses are acquirers, while companies with high R&D expenses and slow growth in patent output are targets. Further, technological overlap between firm pairs has a positive effect on transaction incidence, and this effect is reduced for firm pairs that overlap in product markets. We also show that acquirers with prior technological linkage to their target firms produce more patents afterwards. We conclude that synergies obtained from combining innovation capabilities are important drivers of acquisitions.