Advances in Economics, Management and Political Sciences

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Proceedings of the 2nd International Conference on Financial Technology and Business Analysis

Series Vol. 64 , 28 December 2023


Open Access | Article

An Analysis of the Application of Financial Sharing System in Securities Companies

Fangyuan Xia * 1
1 Hainan University

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 64, 69-74
Published 28 December 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Fangyuan Xia. An Analysis of the Application of Financial Sharing System in Securities Companies. AEMPS (2023) Vol. 64: 69-74. DOI: 10.54254/2754-1169/64/20231492.

Abstract

With the development of economic globalisation and information technology, under the condition of limited resources, searching for new economic growth points and enterprise growth models, resource integration has become the key to implementing enterprise goals, and financial shared services have emerged. Enterprises with large-scale, widely distributed branches, financial sharing can integrate all kinds of resources in the enterprise, through the business module to optimise the process, so that the process between different regions and the accounting system tends to standardise and unify,Finance staff in all positions can familiarise themselves with the business dealing with branch matters. The securities industry has also continued to strengthen the integration of digital technology and business applications, moving towards standardisation, systemisation and intelligence. This paper briefly describes the meaning and development history of the financial sharing model, explains the development history and development status of the securities industry, and briefly analyses the application of financial sharing in the overall construction of the securities company's finances.

Keywords

Financial sharing, smart finance, securities firms

References

1. Cheng Yin. (2020) Research on the Construction andImplementation of Financial Shared Service System inCompany A. Xi'an University of Science and Technology.

2. Report on the Development of China's Securities Industry. (2022) China Securities Association

3. Xiao Wei. (2022) Research on the construction of financial sharing system in Company D. Chengdu University,2022.

4. Liu Qi. (2020) Research on the problems and countermeasures of expense budget management of futures-type companies based on financial shared service mode.Southeast University.

5. SHI Guangjun, ZHANG Yan. (2016) Foreign financial sharing research:review and prospect. Finance and accounting research, (11), 28-33.

6. Juan Peng, Hu Chen, Zexia Wang. Digital Finance [M]. Tsinghua University Press.2020: 15-16,222-223

7. LIU Junyong, LIU Minghui, SUN Ruiqi. (2021) Research on Quality Management of Financial Shared Service Centre in the Background of Digitalisation--Taking HX Financial Shared Service Centre as an Example. Management Case Study and Review,14(05), 547-558

8. Wu JH. (2021) Analysis of the impact of financial information sharing mode on accounting[J]. Finance and Accounting, (18), 74-75.

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10. Li Na. (2023) Comparative study of enterprise financial sharing application modes based on TOE framework[J]. Economist, (01), 66-67+69.

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
ISBN (Print)
978-1-83558-229-9
ISBN (Online)
978-1-83558-230-5
Published Date
28 December 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/64/20231492
Copyright
28 December 2023
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated