A Huge Discussion on Education and Teaching: Specialty Construction of Fintech Discipline in Suzhou and Shanghai
Time :2020-11-16

 

After the research trip in Shenzhen, On November 8-10, 2020, Professor Hu Haifeng, Dean of the Department of Finance who led the team, together with Jiang Jie, Fintech Program Director, Sun Yunchuan, Director of the Lab and Professor Wu Yanran, attended the XJTLU Fintech Summit Forum in Suzhou, went to Shanghai University of Finance and Economics to investigate the construction of Experimental Center, and engaged in exchange and negotiation with the East Money Choice Data Department, Shanghai Qianlong High-tech Company.

 

 

On the morning of November 8th, the team came to Xi 'an Jiaotong-Liverpool University in Suzhou to participate in the Fintech Summit forum jointly hosted by Xi 'an Jiaotong-Liverpool University and the Department of Financial Mathematics, School of Mathematical Sciences, Peking University. The forum discussed important issues related to the current development of fintech, including artificial intelligence, big data, digital assets/finance, blockchain. On the afternoon of November 8th, the team visited the Intelligent Computing and Fintech Laboratory of XJTLU. Duan Chunguang, President of Shenzhen Shuimu Big Data Laboratory Technology Co., LTD., the general contractor of the laboratory, talked in detail about the space arrangement, hardware configuration, software resources and database of the laboratory. He also asked the staff to show the quantitative investment analysis platform on the spot-the knowledge map generation platform of waterwood medium and artificial intelligence application field- Tianyun KGG and blockchain teaching platform developed based on wutong chain, an alliance blockchain platform independently researched and developed in China. Duan chunguang introduced that six domestic universities have built fintech laboratory with similar structure and more than 20 other universities have purchased the above software and database platform. It has become a standard template for the construction of fintech laboratories in domestic universities.

 

 

On the morning of November 9th, The team visited the Experimental Center of Shanghai University of Finance and Economics. Professor Jin Hongfei, Associate Director of the Experimental Center of Shanghai Finance College, and Professor Xie Fei extended a warm welcome to the Beijing Normal University delegation. Professor Xie Fei first introduced the situation of the Experimental Center in Shanghai. The Shanghai Finance Experimental Center was established in 2015 and put into use in 2018. It aims at "teaching support, scientific research promotion, platform sharing and resource integration". It has gathered all the scattered labs under management and at present, there are 29 specialized laboratories in the experimental center, including 2 national experimental centers, 1 key laboratory of the Ministry of Education and 1 Key laboratory of Shanghai Municipality. Although the staff was only 10 people, it can support the smooth operation of the whole experimental center. One important reason is the adoption of cloud intelligent management platform, which can be realized through self-service platform from laboratory, workstation, equipment, virtual image reservation to equipment fault repair, greatly improving the management efficiency. The teachers of the center demonstrated on the scene the cloud intelligent management platform, especially the virtual desktop image system -- the laboratory is no longer confined to the traditional physical space, but can turn any computer connected to the Internet into a laboratory resource through the cloud service. Taking the experimental center as the platform, the university also established the Fintech Research Institute, which has a unique position and role in promoting the exchange and cooperation between industry, science and research. After the discussion, Director Xie Fei led the team to the laboratories on the 5th to 11th floor of the experimental center for field visits. Some of the laboratories were using for lectures, and they all had a first-hand experience of the use of the Experimental Center.

 

 

 

On the afternoon of November 9th , The research team from the Finance department came to East Money Information Co., Ltd. Ms. Wang Haifang, Regional Director of East China Business Department in Choice Data, warmly received the Beijing Normal University delegation. Choice data is a professional financial data platform under East Money, which is committed to providing professional financial data services for financial investment institutions, research institutions, academic institutions, regulatory agencies, media. Director Wang Haifang introduced the strategic layout, the transformation and development in the fintech field and the specific products. Moreover, the cooperation between Choice data and colleges and universities was emphasized, indicating that the company intends to continue to promote the use of Choice data in colleges and universities.

 

 

 

On the morning of November 10th, The team came to Shanghai Qianlong High-tech Co., LTD. Qianlong is a well-known stock software launched by Shanghai Qianlong High-tech Co., LTD., which enjoys extensive market coverage in the field of securities software in China. Zhang Feng, Associate General Manager of Shanghai Qianlong High-tech Co., LTD, Wang Yongchun, General Manager of Options Division, Shen Fuzhao, Director of the Education Business Center, Liu Baoyu, Deputy General Manager of Beijing Branch gave a warm welcome to the team. Zhang first introduced the Qianlong Company's business development and transformation in the field of fintech. Next, Wang Yongchun demonstrated Qianlong Option Treasure software. Qianlong Option Treasure is the mainstream option analysis software adopted by major domestic securities companies and has unique advantages in simulating investment. Then, Shen Fuzhao connected with the Chengdu research and development team online, and introduced the company's research and development in the block chain alliance, as well as the technology training platform and financial training platform provided to colleges and universities. Qianlong attaches great importance to college customers and hopes to establish close cooperation with colleges and universities to facilitate the cultivation of fintech talents.

 

 

The construction of fintech discipline is both a long and arduous task and time waits for no one. The research team drew on the advanced ideas of other universities in running fintech schools, learned the implementation plan of fintech laboratory construction, and communicated with the possible resources provided by fintech companies for talent training. The trip coincides with the 30th anniversary of Shanghai Pudong’s development and opening up. Building on its century-long history, Beijing Normal University will pursue a path of emancipating the mind, deepening reform, opening up to society and expanding cooperation, breaking the rules and making breakthroughs in innovation, just as Pudong has been developing and opening up for 30 years.

 

Provided by Department of Finance