With the rapid development of artificial intelligence technology, AI has become an important driving force for the digital transformation of finance.
Among them, AI digital humans are subverting the traditional investment advisory business in a new way. Compared with traditional investment advisory, robo-advisory solves the problem of shortage of personnel and sales-oriented conflicts of interest, and is more inclusive and professional. It cannot be ignored that robo-advisors also lack artificial companionship and emotional care.
As the robo-advisory industry continues to explore and develop and iterate rapidly, leading financial institutions and technology companies have begun to actively explore. As an online investment decision-making solution provider, Q9 Fortune (09636. HK) recently joined hands with iFLYTEK and HUAWEI CLOUD to vertically explore the new direction of "AI+Investment Advisory", and launched the industry's first AI digital human investment advisory product, Jiufang Intelligent Investment Advisor Digital Human "Jiuge", which answers various securities investment questions through interactive dialogue of AI digital humans, realizes real-time tracking of securities industry trends, and provides various data support for users' investment decisions.
The scene of the digital human press conference of Jiufang Intelligent Investment Advisory
From the perspective of the current investment environment, with the implementation of the new asset management regulations, the wealth management market has entered a new stage of comprehensive net worth operation. At the same time, the volatility of the capital market has increased, the rapid rotation of the sector, and the frequent switching of market styles are difficult to grasp. Investors face the increasing difficulty of investment, and need professional investment consultants to solve a series of investment problems.
In this context, as one of the first companies in China to obtain the securities investment advisory qualification of the China Securities Regulatory Commission, Q9 Wealth embraces "AI + Finance" and continues to deepen the field of intelligent investment advisory, helping users reduce investment barriers and strengthen investor education in a complex and changeable market environment, thereby contributing to the rapid development of the digital economy. The above-mentioned robo-advisory digital human also provides full-cycle accompaniment with the blessing of the large model in the field of securities in Chapter 9, and accurately solves the needs of "thousands of people and thousands of faces".
Technology empowers the traditional investment advisory business
With the great increase in investment advisory business needs, the industry is also undergoing transformation, iteration and upgrading, and the birth of intelligent investment advisory digital humans has reshaped the development model of the industry.
According to Caizi, CEO of Jiufang Wealth, China's securities investment advisory industry has great development potential. In terms of the scale of funds, the assets of individual investors managed by investment advisers are 146.4 billion yuan in China and 19 trillion US dollars in the United States, a difference of 900 times in the overall size.
However, on the supply side, there is still an obvious mismatch between supply and demand in the industry. According to Caizi analysis, after 12 years of development, China's securities investment advisory industry has reached about 79,000 investment advisers, and is expected to exceed 100,000 in 2026. However, at present, there are 220 million individual investors in the mainland, and 72% of the investable assets are less than 100,000, and it is difficult for small capital investors to enjoy high-quality traditional investment advisory services, resulting in information asymmetry, and the scale of investment advisers is far from meeting the service needs of individual investors.
In terms of investment advisory personnel, based on the current 220 million investors and 79,000 investment advisers in China, investment advisers serve about 2,750 individual investors per person. By comparison, the United States has 150 million individual investors and 930,000 investment advisers, serving 156 clients per capita, and China serves 17 times as many clients per investment adviser as the United States. In the actual business development process of financial institutions, a single investment adviser can serve 150~200 people through online means, if measured according to the ratio of 1:200, then there is still a talent gap of 1.02 million for Chinese securities investment advisers.
In the face of such a large market demand, how to benefit all ordinary investors with high-quality financial securities services is the pain point of the industry that Q9 Wealth is committed to solving.
Chairman of Q9 Fortune Chen Wenbin
"Whether it is a 'financial white' or an 'investment master', Q9 intelligent investment advisory digital human can achieve the companionship of the whole life cycle," Chen Wenbin, chairman of Q9 Wealth, said, this digital human has eight core capabilities of strategy generation, financial encyclopedia, market analysis, sector mining, hot spot tracking, individual stock diagnosis, event reasoning, and emotional companionship, and different core capabilities match different user needs. For "financial whites", digital humans can help them obtain all kinds of financial information, deepen their understanding of financial knowledge, and become their walking "financial encyclopedia"; For users with higher needs, the financial data processing function of robo-advisory digital humans can help them analyze the market, mine sectors, track hot spots, and solve the "pain points" in investment. For "investment masters" with investment research needs, digital humans can provide them with higher-level service experiences such as strategy generation, individual stock diagnosis, event reasoning, and emotional accompaniment with the blessing of the large model in the field of securities in Chapter 9.
In addition, specifically in terms of strategy generation, professional investment researchers of Q9 Financial Research Institute provide strategic support, combined with real-time market information and quantitative factors of individual stocks to quickly generate strategies. In terms of event reasoning, intelligent investment advisory digital humans integrate knowledge content such as affairs map and industrial chain map, and deeply affect the context of hot information and major events, and explore investment opportunities from them; In terms of emotional accompaniment, a variety of interactive dialogue methods are adopted to identify and understand user emotions, provide users with psychological support and encouragement, help users cope with market fluctuations, and send risk early warnings at key moments to avoid investment mistakes caused by emotional fluctuations.
Join forces, bless the "big model" and lead the technological change of the industry
The cooperation between Q9Wealth, iFLYTEK and HUAWEI CLOUD aims to integrate resources and jointly promote the implementation of large model technology in the financial field.
It is worth mentioning that the "Chapter 9" Securities Field Big Model" of the self-developed core of Q9 Wealth has become a "meta-capability engine" for the financial securities industry.
Talent of the CEO of Q9Wealth
Talking about the technical architecture of the Chapter 9 model, Caizi said that the Chapter 9 base adopts HUAWEI CLOUD infrastructure to provide storage and computing power support. At the large model layer, iFLYTEK Spark big model is integrated to enhance general AI capabilities, combined with industry general knowledge base and Jiufang characteristic knowledge base, complete the industry knowledge enhancement training of large models, deepen the professional capabilities of the four securities fields of large model language understanding, text generation, dialogue Q&A, and logical reasoning, and form an intelligent engine that integrates "Jiufang, HKUST, and Huawei". At the application layer, combined with six business scenarios, applications such as intelligent investment advisory, intelligent compliance, intelligent investment research, intelligent marketing, intelligent customer service, and intelligent risk control are built.
It is worth mentioning that compared with other industries, the financial industry has higher requirements for the stability, accuracy, data security, compliance and other aspects of large models, and large model technology has also become the focus of attention of the financial industry.
Specifically, due to the powerful processing power of large models, it can more accurately analyze complex data in financial markets, identify potential risks and provide corresponding risk control plans. Specific to the application of large models in the field of robo-advisory and personalized recommendation, large models can provide customers with personalized investment advice by analyzing their investment preferences, risk tolerance and market conditions, and this customized service can better meet customer needs.
Based on artificial intelligence, blockchain, cloud computing, big data and other scientific and technological capabilities, Q9 Fortune has developed financial technology products suitable for promotion, marketing, trading, services and many other scenarios, effectively solving many pain points in financial service scenarios, thus becoming the largest provider of content services for domestic online investors and the largest provider of online high-end investment and education services.
The role of HUAWEI CLOUD in this step is also crucial. As we all know, the cost and difficulty of building and training large models are high, and the flexible HUAWEI CLOUD intelligent computing base provides computing power guarantee for the training of large models. A series of pain points in the innovation of robo-advisory digital humans, such as high technical threshold and difficult model training, have also been solved.
In addition, the cooperation between Q9 and HUAWEI CLOUD is still expanding, and after building the Technology Innovation Lab with HUAWEI CLOUD in April this year, Q9 Fortune recently hired a number of HUAWEI CLOUD technical experts to serve as technical consultants of the Technology Innovation Lab at the J9 Intelligent Investment Advisory Digital Human Conference to jointly promote the deep integration of digital technology and the investment advisory industry. It is worth mentioning that HUAWEI CLOUD is Huawei's cloud service brand, which opens up Huawei's more than 30 years of technology accumulation and product solutions in the ICT field to provide customers, partners, and developers with stable, reliable, secure, reliable, and sustainable cloud services.
Q9 Wealth and iFLYTEK have also jointly built an artificial intelligence laboratory to create a cognitive model for the financial industry, further implement the national artificial intelligence development strategy plan, and promote intelligent financial services with science and technology. iFLYTEK is a leading artificial intelligence company in China, and the internal beta version of the "Spark Cognitive Big Model" developed by iFLYTEK has cross-domain knowledge and language understanding capabilities.
Focus on the transformation of "digital intelligence" and comprehensively promote the high-quality development of the digital economy
At present, the domestic financial information software service market presents a trend of digitalization of financial market and diversification and refinement of financial software services. Not only the investment advisory business, but also the digital transformation of the entire financial industry has entered a stage of comprehensive acceleration.
In terms of industry regulatory policies, the "14th Five-Year Plan for the Development of Shanghai Artificial Intelligence Industry" triggered by the Shanghai Municipal Economic and Information Commission pointed out that it is necessary to "deepen the application of artificial intelligence in risk control, supervision, customer service, investment advisory, investment research, payment and other links" in the financial field.
The Measures for the Administration of Information Technology of Securities Fund Operators promulgated by the CSRC in December 2018 and amended in January 2021 clarifies regulatory provisions on information technology management, data management and business compliance. In the future, financial regulators will supervise financial information software platforms through smart technology, covering financial investment institutions and financial information providers serving individual and institutional investors.
The comprehensive regulatory policy is also conducive to the standardized development of the domestic financial information software service market. Financial information software service providers should continue to improve their financial products, securities apps, online trading services, risk control systems, artificial intelligence investment consulting and other services. Leading financial information software providers are also investing significant resources in R&D to enhance their IT infrastructure and further enhance market collaboration benefits.
Among them, Q9 Fortune has been actively promoting financial technology innovation, complementing the resources of multiple partners in artificial intelligence applications, and jointly participating in the new transformation of the industrial chain and industry structure.
Chen Wenbin mentioned that as early as 2019, Q9 Fortune fully launched the "digital intelligence" transformation, actively promoted financial technology innovation, complemented the resources of partners in artificial intelligence applications in recent years, and deeply participated in the reshaping and transformation of the industrial chain and industry pattern.
It is understood that in 2019, Jiufang Fortune fully began the transformation of "digital intelligence", and the first generation of text dialogue robot "AI Wangcai" was released at that time; In 2020, Q9 Wealth deployed AI applications on a large scale in products, services and technologies, and created greater value for customers with "toolboxes" such as business risk insight, Q9 OCR model, financial false public opinion recognition, user sentiment analysis, financial entity identification and error correction model. In 2021, we will comprehensively build an "AI compliance capability matrix" and launch AI inspectors and AI monitoring officers; In 2022, the self-developed and launched "Intelligent Creation Workshop" to achieve one-click intelligent creation.
"But digital intelligence transformation is destined to be a process with wind and rain", Chen Wenbin believes that going to the sea of stars requires courage and persistence, the power of belief, and the need to maintain an open mind and positive attitude in the process of learning and applying artificial intelligence.
The birth of robo-advisory digital humans not only refreshes people's cognition of financial intelligence, but also reshapes a new model of industry development. Its exploration of artificial intelligence road also provides diversified, intelligent, safe and credible services and solutions for the securities industry to accelerate digital transformation, contributing to the high-quality development of China's digital economy.
It is reported that at present, the capabilities of "Nine Brothers" are mainly concentrated in the field of securities, and the next step will continue to optimize in four directions. Specifically, it includes strengthening cognitive ability and horizontally expanding knowledge in the fields of funds and insurance; Deeply cultivate professional capabilities, and input massive data such as research reports, financial reports, and announcements of listed companies into large models for training; Build differentiated service capabilities, according to users' behavior habits and investment preferences; To enhance the sense of interactive temperature, content such as investment anti-fraud and investor sentiment facilitation will be introduced.
The Jiufang Intelligent Investment Advisor Digital Human - Jiufang Diagnosis Stock App was officially released, and can be downloaded from all major application markets. You can also open WeChat search - Jiufang Diagnosis Stock, welcome to download and experience!