Research On The Optimization Of Bank A’s Asset Custody Business Operation Process

In recent years,with the construction and development of financial derivatives such as securities investment funds,trusts,and enterprise annuities,the third-party custody of funds has become a safety valve for asset supervision,investment and financing,and plays an important role in protecting investors’ rights and interests and maintaining financial market stability.important role.The asset custody business does not occupy bank capital,with small input and high output,directly bringing intermediate income to the custody institution,and at the same time depositing deposits and expanding customer resources.This is an important trend for domestic commercial banks to transform from asset-heavy operations to asset-light operations.,which has attracted the attention of various banks.However,under the triple background of intensified competition,strengthened supervision and the impact of new technology revolution,how to further improve the operational efficiency of asset custody business is a common problem facing all participating banks.Bank A is one of the first large state-owned commercial bank to open fund custody business in china.The asset custody business covers asset management in securities assets,insurance assets,occupational annuities,enterprise annuities and other fields.It extends from the domestic market to the cross-border market.The model also showed a good development trend of gradually changing from single-department operation to line collaboration and linkage,and from "direct operation at the headquarters" to "system promotion throughout the bank",accumulating relatively rich operating experience.However,under the influence of the triple background,Bank A’s past experience has turned into a straitjacket.It urgently needs to strengthen the custody operation of assets from the aspects of service,management,risk control,cost,etc.,and improve its core competitiveness.This paper will use process reengineering theory and Six Sigma management theory to study the operation process optimization of Bank A’s asset custody business,hoping to provide inspiration for the healthy development of similar businesses in other banks in my country.The operation department of the custody business department of Bank A is responsible for the liquidation,accounting and risk supervision of various custody assets and other asset operation links,and provides custody services to customers in accordance with the business guidelines and the relevant provisions of the custody agreement.This paper comprehensively uses interview method,field observation method and second-hand data corroboration method to conduct in-depth research on the problems existing in Bank A’s custody operation process,and puts forward improvement countermeasures under the guidance of process reengineering and other theories.This paper finds that the main problems in the custody business process of Bank A are the cumbersome data reading and processing process,the untimely update and iteration of the business operating system,excessive manual intervention operations,operational risks caused by business handover,business accumulation in the clearing and transfer process,and valuation.The efficiency of reconciliation is low and there is a lack of effective risk control measures.In response to these problems,the optimization scheme proposed in this paper is to simplify the data read processing process,iteratively upgrade the system,sort out the operation process,and strengthen internal and external risk control methods.At the same time,corresponding safeguard measures are put forward for the optimization of the custody operation process from the level of technology exploration and personnel training to make the process run more efficiently.The discovery of these problems and the proposal of countermeasures have important implications for the further improvement of the operational efficiency of my country’s banks’ asset custody business.