Research On Risk Management Of Public Offering Fund Of ZT Securities Company

Public funds and settlement mode conversion securities firms trading settlement has just made it into the primary stage,and the supervision department attaches great importance to the risk management after the conversion of the public fund settlement mode,the main reason is that there are many by public funds,influence a wide range,large scale characteristics,so the supervision department for public funds to request for securities transaction settlement service of the company before the transaction voucher checking,account information security and associated transactions.In addition,there are frequent credit risks such as bond market risk,stock pledge default and operational risk events in the transaction process in recent years.The last,the risk management experience of public fund clients of securities companies is insufficient,so it is of great significance to study the risk management in the transaction settlement service process of public fund clients of securities companies.The paper focuses on the risk management problem of the public offering fund products becoming the brokerage clients of securities companies.By reference to relevant literature both at home and abroad,According to the supervision department of the securities company guarantee fund settlement,advance ticket check,information security,related party transactions monitoring requirements,such as through the case analysis,process analysis and scenario analysis methods to analyze the cause of the market risk events,such as vulnerability of transaction settlement service in the process of risk management with business risk points for a clearly defined,and then combined with ZT securities company public funds customer risk management status,further points out that the ZT securities company public funds customer risk control loopholes,For example,some bond businesses have settlement risks and lack of risk control,and risk businesses have low entry threshold and incomplete monitoring.The paper based on the risk identification and risk management theory,combined with ZT securities company existing problems in the internal public funds business,trade investigation,expert interview,the combination of quantitative and qualitative research methods,construct public funds for ZT securities company the customer risk management system,and according to the risk events set applies to ZT securities company risk loss hierarchy principles and standards,for ZT public funds risk management of securities trading settlement business puts forward three Suggestions:The first is to implement the regulatory requirements and strengthen the prior control;the second is to improve the risk system monitoring mechanism;the third is to strengthen the monitoring responsibilities of risk control personnel.In order to provide certain reference for the company and the risk management of public offering fund clients of the same business nature.