Research On The Development Of Asset Custody Business Of Commercial Banks

With the gradual advancement of China's interest rate marketization,as well as the continuous expansion of the ranks of city commercial banks and rural commercial banks,commercial banks have gradually narrowed the spread space in the face of market changes and increased competition,and can no longer rely solely on spreads to earn full Full.In order to enhance market competitiveness,the development of light capital and sustainable development of intermediate business has become the top priority of commercial banks' current development and transformation.Faced with the changes in the financial market in the new era,domestic commercial banks need to fully learn from the transformational development path of international advanced banks and find a transformation path that suits their business characteristics.The asset custody business belongs to the intermediary business of commercial banks and has the characteristics of light assets,light capital,light cost and low risk.The development of asset custody business can bring considerable intermediate business income to commercial banks.Through the opening of custody accounts,it can bring a large number of low-cost liabilities,and product fund clearing can drive the development of settlement and settlement and sales.In addition,the asset custody business needs to establish links with commercial banks,trusts,brokerages,insurance,public funds,private equity funds and other financial institutions.Asset custody services can also effectively link investment banking and financial markets.Therefore,asset custody business has become the focus of more and more financial institutions' transformation and development.This paper takes the research methods of J Bank and Jiangsu Branch,and uses literature research method,case analysis method,qualitative and quantitative analysis methods to conduct in-depth research on the development history and development status of asset custody industry.Through research,it is found that although the development of custody business for more than 20 years has become an important part of the intermediary business of commercial banks,with the explosive growth of“big capital management”,it also brings some developmental sequelae,and theindustry has laws and regulations.Incomplete,the industry is becoming increasingly competitive.At the same time,commercial banks themselves have weak talent teams,serious product homogeneity,and urgently need to update their marketing models.Finally,this paper makes a rational analysis of the internal and external factors of commercial banks' development of asset custody industry,and puts emphasis on personnel training in the future development of commercial banks,accelerates team building,optimizes business promotion mechanism,and increases marketing efforts;The concept continues to explore new developments,compliance management,and recommendations for risk management.The full text mainly includes the following main contents:The first part is the introduction part,introduces the background of asset custody business research,expounds the purpose and significance of this paper,and summarizes the theoretical research on the asset custody business by domestic and foreign scholars.The second part introduces the definition of asset custody business,product development and basic responsibilities of custody business,and analyzes the significance of commercial bank's development of asset custody business,explaining why commercial banks are vigorously developing asset custody business.The third part describes the development status of asset custody business at home and abroad and in Jiangsu.This paper introduces the development characteristics of asset custody business at home and abroad,as well as the development status and development characteristics of asset custody business of commercial banks in Jiangsu.The fourth part introduces the development status of the asset custody business of J Bank Jiangsu Branch,and deeply analyzes the development of the asset custody business of J Bank Jiangsu Branch,and puts forward the problems in the development of the asset custody business of J Bank Jiangsu Branch and Causes.The fifth part provides several countermeasures for the development of commercial bank asset custody business: first,paying attention to personnel training and speeding up team building;second,increasing marketing efforts and optimizing business promotion mechanism;third,persisting in innovative ideas and continuouslyexploring new development momentum The fourth is compliance management and strengthen risk management.The sixth part is to show the conclusions and outlook of the whole study.