If you want to do a good job, you must first make use of its tools. Digital transformation has become a key link for securities companies to strengthen and expand their main business.
With the disclosure of the annual reports of most securities companies, the investment in information technology of securities companies has also surfaced. Recently, according to incomplete statistics by Chinese reporters of securities companies, 23 securities companies disclosed it investment in their annual reports, with a total amount of 15.1 billion yuan, and only one securities company’s IT investment fell year-on-year.
The the largest increase was China International Capital Corporation Limited(601995) , reaching 1.346 billion yuan, doubling year-on-year
In addition to the leading securities companies, small and medium-sized securities companies are also unwilling to show weakness and increase the proportion of IT investment, especially Chinalin Securities Co.Ltd(002945) the most prominent. In 2021, the IT investment reached 347 million yuan, a year-on-year increase of nearly three times.
huataiba list, 5 IT companies invested more than 1 billion
Previously, the China Securities Association disclosed that in 2020, the industry wide investment in information technology was 26.287 billion yuan, a year-on-year increase of 21.31%. Since 2017, the securities industry has invested 84.5 billion yuan in the field of information technology.
How about the IT investment of securities companies in 2021? It can be seen from the annual report data of some securities companies that disclose it investment. It is worth mentioning that Citic Securities Company Limited(600030) , China Galaxy Securities Co.Ltd(601881) and others did not disclose the IT investment data in detail.
Let’s look at the competition of IT investment of securities companies Huatai Securities Co.Ltd(601688) has dominated the list in terms of IT investment for two consecutive years. On the basis of IT investment of 1.765 billion yuan in 2020, it investment reached 2.228 billion yuan in 2021, with a year-on-year increase of 26.23%. It has also become the only securities firm with an IT investment of 2 billion yuan.
Huatai Securities Co.Ltd(601688) said that the company has always attached importance to information technology innovation, adhered to the concept of “enabling technology to return to the origin of financial services, and creating technology and business together”, comprehensively promoted the digital transformation of the company around the goal of “achieving customers, innovating business, optimizing operation and enabling employees”, and focused on building the core competitiveness of science and technology in the forefront of the industry.
( Huatai Securities Co.Ltd(601688) IT investment over the years)
In addition to Huatai Securities Co.Ltd(601688) , there are China International Capital Corporation Limited(601995) , China Merchants Securities Co.Ltd(600999) , Haitong Securities Company Limited(600837) , China Securities Co.Ltd(601066) four leading securities companies whose IT investment has reached the level of 1 billion yuan. In terms of growth rate, the China International Capital Corporation Limited(601995) investment that started digital transformation in 2020 has the fastest growth rate. In 2021, the IT investment reached 1.346 billion yuan, a year-on-year increase of 109.98%.
China International Capital Corporation Limited(601995) said that the company would continue to promote business development based on information technology. In recent years, with the continuous progress of information technology, the company has also increased capital investment, paid attention to talent training and capacity-building, continuously optimized the organizational structure and operation mode, actively studied and explored the application of new technologies in various business fields of investment banks, promoted the integration of business and technology, fully grasped the advantages of the vigorous development of China’s financial technology, and actively carried out strategic cooperation with China’s leading science and technology enterprises, Expand new products, new businesses and new models with data and technology.
It is worth mentioning that Gf Securities Co.Ltd(000776) , the head of the brokerage camp, also invested 985 million yuan in it in 2021, with a year-on-year increase of 10.67%.
At the performance presentation meeting, Gf Securities Co.Ltd(000776) deputy general manager, compliance director and Secretary of the board of directors Xu Youjun said that the company insisted on leading business development with scientific and technological innovation, continuously increased investment in financial science and technology, actively applied advanced ideas, technologies and tools, and continuously improved the deep integration and digital level of the company’s financial science and technology and business.
In addition, securities companies with an IT investment of more than 500 million yuan in 2021 also include Anxin securities, Orient Securities Company Limited(600958) , Shenwan Hongyuan Group Co.Ltd(000166) , Zhongtai Securities Co.Ltd(600918) and China Industrial Securities Co.Ltd(601377) , all of which are medium and large securities companies. Among them, the IT investment of Anxin securities increased significantly, from 675 million yuan in 2020 to 917 million yuan in 2021, with the total investment almost comparable to Gf Securities Co.Ltd(000776) .
small and medium-sized securities companies are not stingy, Chinalin Securities Co.Ltd(002945) investment has tripled
The digital transformation of the securities industry has accelerated, and financial technology is changing from service business to leading business and enabling business.
In terms of active investment in the field of science and technology, in addition to the rich and powerful head securities companies, some small and medium-sized securities companies have also spared no effort to increase investment in science and technology and seek to take the road of differentiation to “overtake on the curve”.
From the perspective of IT investment growth, securities companies with it investment growth of more than 50% include Chinalin Securities Co.Ltd(002945) , China International Capital Corporation Limited(601995) , Orient Securities Company Limited(600958) , China Industrial Securities Co.Ltd(601377) , with growth rates of 289.89%, 109.98%, 63.25% and 51.89% respectively.
From the perspective of these types of companies, except Chinalin Securities Co.Ltd(002945) others are all medium and large-scale securities companies. In fact, Chinalin Securities Co.Ltd(002945) has sought to follow the line of technology finance securities companies in recent years, increased the degree of technology empowerment, and also increased the investment in it.
data show that in 2021, Chinalin Securities Co.Ltd(002945) information technology investment was about 347 million yuan, up 293.98% year-on-year from 88 million yuan in 2020, accounting for more than 25% of the operating revenue in 2020
At the company’s performance presentation meeting, Chinalin Securities Co.Ltd(002945) CEO Zhao Weixing said that the company’s information technology expenditure in 2021 was about 347 million yuan, a significant increase year-on-year, which was mainly used to increase the introduction of scientific and technological financial talents, strengthen the research and development of scientific and technological financial products, build a digital basic support system, improve the digital operation system and other aspects.
Chinalin Securities Co.Ltd(002945) chairman Lin Li said that in 2021, the company increased technology empowerment, invested a quarter of its revenue and started a comprehensive digital transformation. On the one hand, we should attract talents in science, technology and finance, and set sail a new team of science, technology and finance; On the other hand, build an agile R & D system, a new generation of securities app is ready to go, layout online business, and new online customers account for more than 80%.
Lin Li said that 2022 is a key year for Chinalin Securities Co.Ltd(002945) strategic transformation and upgrading. In the future, we will continue to increase investment in scientific and technological research and development, open up long-term growth space, seize the opportunity of the explosion of online business of securities companies, deeply cultivate dolphin stock app operation, bind the head Internet Ecosystem cooperation, and quickly replicate successful samples. In 2022, we will bravely move forward towards the strategic goal of building a “new generation of young technology finance company”.
Orient Securities Company Limited(600958) said that digital transformation will be used as a strategic driving force to promote the high-quality development of enterprises. The company is committed to unified planning, strengthening independent research and development, continuously promoting the integrated development of financial technology, and continuously building in the aspects of integration mechanism innovation, management digital transformation, business scenario empowerment, middle office architecture practice, etc., so as to comprehensively promote digital transformation.
China Industrial Securities Co.Ltd(601377) said that the company attaches great importance to strategic investment in science and technology, continuously improves the level of independent research and development, promotes financial science and technology innovation, improves customer service quality and improves internal work efficiency. At the same time, the company puts financial technology at the height of the group’s strategy, continuously increases its investment in financial technology, takes the integration and traction of business as the direction, and constructs the “Three Abilities” of digital intelligence risk management, operation and basic support by building the “three ecosystems” of financial technology, wealth management and institutional service, so as to effectively promote the comprehensive empowerment of financial technology on the group’s customer service, business development and operation management, Contribute to the integrated development of the group.
It is worth mentioning that in the classified supervision of securities companies, the proportion of information technology investment in the operating revenue of the previous year (parent company caliber) has become an important evaluation index.
According to the data, in 2020, the investment in information technology in the whole industry was 26.287 billion yuan, accounting for 7.47% of the operating revenue in 2019.
according to the data of 2021, the securities companies whose information technology investment accounted for more than 7% of the operating revenue of the previous year are: Chinalin Securities Co.Ltd(002945) , Guolian Securities Co.Ltd(601456) , Zhongtai Securities Co.Ltd(600918) , Anxin securities and Huatai Securities Co.Ltd(601688) 5
