According to the latest news from Tencent Cloud, domestication is shifting from completing the pilot program to utilizing it effectively. The financial industry has a significant landing growth rate, which has gradually moved from innovative upgrades in peripheral trading systems to core backend business systems, penetrating from large institutions to small and medium-sized ones. IT spending for domestication in financial institutions is relatively cautious this year. However, there is still a considerable market space for independent innovation and upgrading in the long run. Hu Liming, Vice President of Tencent Cloud, said in an interview with reporters, "As the time for the comprehensive information and innovation target in 2027 is getting closer, leading institutions have completed technology feasibility verification and risk assessment. The most significant change this year is the acceleration of domestication in securities and insurance institutions, and brokerages are accelerating their pace with the step of "three steps and two steps" to catch up with the progress of the banks."
今年金融机构IT支出相对谨慎 证券、保险国产化加速
Financial institutions are relatively cautious in their IT spending this year, and the localization of securities and insurance products is accelerating.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.