Research On The Centralized Operation Mode Of Corporation Foreign Exchange Business In Commercial Banks

Since China have joined WTO,the competition of China's banking industry has gradually become an international trend.With the gradual opening up of the financial market and the continuous influx of foreign financial institutions,all kinds of financial institutions,especially the joint-stock commercial banks,have begun to replan their business development layout around the perspective of globalization.At the same time,the country put forward the "supply side structural reform","The Belt and Road" strategy,China's business development is more and more prosperous in international trade,foreign services,cross-border mergers,so that the company's foreign exchange business has a very substantial gains in the traditional business of the commercial bank.It has become an important contributor to the intermediary business income of commercial banks.Therefore,the core role of cross-border trade settlement and the development of various foreign exchange businesses is becoming more and more prominent in the strategic development of banks.Facing the new economic structure and with the continuous growth of the commercial bank's foreign exchange business scale,how to improve the standardization and automation of business processing with the help of the financial technology,so as to improve the level of risk control,improve the service quality and competitive ability,which has been the great practical significance for the development of foreign exchange business in commercial banks.And how to effectively integrate the existing business resources,optimize the operation process,and build the best customer experience,the best market orientation,the strongest risk management of foreign exchange operation management model,which is the most urgent problem to be solved.By combing the different types of foreign exchange business in commercial banks,this paper explores the effective mode of improving the efficiency of operation in a certain stage with basing on the theory of centralized management and the scale economy.And through the analysis and comparison of the advantages and disadvantages in M bank's foreign exchange business before and after process,it is believed that the centralized operation management model can effectively integrate the department resources.It can be obviously effected on reducing operation cost,improving operation efficiency,guaranteeing business quality and strengthening risk control,which is the development trend of foreign exchange business in commercial bank.We also found that it can also carry out further innovation the business process with the help of scientific and technological forces,such as further improvement in the center staffing,customer service experience and decision data providing to create a professional,efficient and stable foreign exchange operation center.