On August 22, the "International Capital Market Digital Finance Seminar," co-hosted by the Hong Kong Chinese Securities Association (HKCSA) and KMERIT GLOBAL, was successfully held at the Exchange Square in Central, Hong Kong. Dr. Wang Yong, Chairman of Tianfeng International Securities Group, Professor Luo Ye, Deputy Director of the Digital Economy and Innovation Research Institute at the Faculty of Business and Economics of the University of Hong Kong, Professor Wei Xiangdong, Deputy Director of the Financial Technology Center at the Hong Kong Polytechnic University, Dr. Meng Jianghua, Chief Information Officer of KMERIT GLOBAL, Dr. Sun Suyong, Partner of Financial Technology and Innovation at EY Greater China, Valentino Arrigo, Director of Business Solutions at Temenos, and Ye Lifeng, Deputy General Manager of the Asset Trading Department of the Shanghai Data Exchange, attended as guest speakers.

Nearly 40 distinguished guests from over 30 Hong Kong Chinese financial institutions, including ICBC International, CITIC International, Haitong International, China Galaxy International, BOCOM International, China Securities International, GF International, Shenwan Hongyuan Hong Kong, and Founder International, attended the conference and engaged in in-depth exchanges.

Dr. Wang Yong, Chairman of Tianfeng International Securities Group, delivered a keynote speech for the conference and gave a thematic presentation titled "The Transformation of the Financial Industry Under the Background of Digitalization." He pointed out that traditional financial institutions face multiple challenges in the new market environment and discussed how fintech companies leverage customer experience and platform advantages to impact the market. He also raised the issue of technical debt in financial institutions and the cost issues in maintaining legacy systems and meeting regulatory requirements. Mr. Wang emphasized the key challenges that artificial intelligence encounters in financial institutions, including data usage restrictions, technical framework limitations, talent shortages, and regulatory uncertainties. He suggested that financial institutions need to fully utilize data assets and technological capabilities such as artificial intelligence under new circumstances and address the issues of technology transfer and talent attraction.

Professor Luo Ye, Deputy Director of the Digital Economy and Innovation Research Institute at the Faculty of Business and Economics of the University of Hong Kong, introduced the current status and potential of large models and artificial intelligence technology in the financial field with the theme "The Application of AI Large Models in the Field of Financial Management." He pointed out the threshold-free and high-cost issues of large model technology and predicted that future technology will be more precise and professional. He provided a detailed analysis of the development direction of artificial intelligence technology and shared the AI Agent technology and application developed by the University of Hong Kong team, demonstrating the application of AI Agent technology in solving complex problems, assisting decision-making, and the FundGPT product in the field of financial management, and discussed the opportunities and challenges AI brings to financial institutions.

Professor Wei Xiangdong, Deputy Director of the Financial Technology Center at the Hong Kong Polytechnic University, introduced innovative applications and practices of financial technology with the theme "Accelerating the Digital Transformation of the Global Capital Market." He pointed out that financial technology is an innovative application of digital technology in the financial field and has given birth to new financial models. Professor Wei focused on artificial intelligence and blockchain technology as examples to illustrate the application directions of innovative technology in banking processes, data search, and consulting research. Finally, he shared some thoughts on financial technology innovation, including the importance of data privacy, network security, customer experience, and profit models, and emphasized the timing of technological innovation.

Dr. Meng Jianghua, Chief Information Officer of KMERIT GLOBAL, provided technical and practical experience in digital platforms and data management for financial markets to overseas financial institutions with the theme "Digital Platforms and Data Management Technology for Capital and Capital Markets." He pointed out that digitalization is not only technological progress but also a change in the decision-making process, emphasizing the importance of data standardization and data governance, and proposed the concept of "building a smart foundation for the capital market." He also introduced data modeling methodologies. In addition, he discussed the data governance system, demonstrated how to achieve real-time data governance and risk management through technology, thereby improving the decision-making efficiency and business innovation capabilities of financial institutions.

Dr. Sun Suyong, Partner of Financial Technology and Innovation at EY Greater China, shared the development trends of technological innovation in financial market business with the theme "Global Capital Market Digital Finance Development Trends," emphasizing the key role of using new technologies to build the next financial system. He pointed out that financial institutions should learn across industries, draw on the experiences of different financial institutions, propose the scalability of platform construction in digital transformation, and how to use big data and AI to optimize trading and risk control. He suggested that Hong Kong financial institutions should actively embrace technological development, cultivate professional talents, and maintain system openness.

Valentino Arrigo, Director of Business Solutions at Temenos, discussed the background, development process of the Guangdong-Hong Kong-Macao Greater Bay Area's cross-border wealth management, as well as the Northbound and Southbound trading solutions with the theme "Building Cross-Border Wealth Management Product Solutions." He pointed out the regulatory challenges of cross-border capital flows and the need for financial institutions to collaborate with overseas partners to control capital flows. He also detailed the terminal solutions, covering various aspects from account management, customer management, investment management, to market data management. He also mentioned the method of expanding platform functions by integrating external financial technology solutions and how technology simplification can promote investment and exchanges between regions.

Ye Lifeng, Deputy General Manager of the Asset Trading Department of the Shanghai Data Exchange, shared the application of data assets in financial innovation and analyzed the new policies and challenges of data cross-border flow with the theme "Trends and Policy Analysis of Cross-Border Data Interconnection." He pointed out that although the amount of data produced is huge, the actual amount of retained and circulated data is relatively small, indicating insufficient digital transformation of enterprises. He introduced the three risk points of data cross-border flow: personal privacy leakage, business operation risks, and national security issues. He stated that data security is the top concern of the country and has derived related assessment standards based on this. Finally, he shared the exploration and practice of data asset pledge financing for the attending institutions, as well as cooperation cases with financial institutions, demonstrating the potential and innovative application of data assets in the financial field.

This seminar brought valuable experience and solutions for cross-border wealth management, financial market digital intelligent innovation, and the application of data assets in the financial field to the attending institutions. As a leader in digital intelligent technology in the field of capital and capital markets in the Asia-Pacific market, KMERIT GLOBAL will continue to provide more thematic forums, business sharing, and innovative technology thinking for banks, securities, asset management, and other financial institutions, driving the development of international capital market digital finance with domain knowledge and practical experience.