Research On Assets Custody Expansion Of Commercial Banks Under The Background Of Internet Finance

With the advancement of financial disintermediation and interest rate marketization, the traditional profit model which commercial banks rely on the growth of deposit and loan and interest income is unsustainable. As the capital saving intermediary business of commercial banks, asset custody business take advantage of low cost and refined management to lock in customers,capture the market quickly and control risk effectively. It also open an important space for the transformation of commercial banks. The internet financial gradually becomes an important part of the domestic financial and brings new opportunities and challenges for the asset custody business of commercial banks.This article tells the origin and development of commercial banks asset custody business and introduces the types and services of asset custody business in detail. It also analyzed the development status of domestic commercial bank asset custody business by comparison analysis method which contains the total scale, changes, income and market structure. Combining with the case of bank of communications, the article elaborates the advantages and disadvantages of its asset custody and puts forward suggestions that the bank of communications should strengthen pension fund custody market and expand internet financial field.The development of the internet financial need custody system. At the same time, the internet financial also promote the development of commercial bank asset custody. Designing asset custody products and services, commercial banks need to consider that the internet financial institution has big data, fast innovation, low cost, the high speed of processing business, shortage of supervision and focuses on customer experience. Asset custody business will be the connection of monetary market, capital market, industrial areas and internet fields.It will also become a general integrated service platform across the market in the future.