Technology empowers private non-performing asset disposal

A few days ago, the CBIRC asked to increase the disposal of non-performing assets, continue to rectify the shadow banking business, accelerate the promotion of high-risk financial institutions to resolve risks, and crack down on illegal financial activities. To continue to deepen the reform and opening up of the financial industry, improve the multi-level, wide coverage, differentiated financial institutions system, and continuously enhance the adaptability, competitiveness and universality of the financial system. We will continue to improve a modern financial regulatory system that is consistent in authority and responsibility, comprehensive in coverage, coordinated, strong and effective. It will also strengthen regulatory capacity building and enhance regulatory transparency and the rule of law.

Relevant experts said that the bank's desire to get non-performing assets out of the table is relatively strong, and the magnitude of non-performing assets is relatively large, and the policy departments are also encouraging private institutions to dispose of non-performing assets in the banking industry to a certain extent. Private institutions are a useful addition to the industry as a whole, and are expected to upgrade the original non-performing assets industry.

With the development of the Internet +, the widespread use of 5G communication technology, Internet big data, cloud technology, blockchain, Internet of Things and other new technologies and new means to promote the development of the digital economy, for the disposal of non-performing assets to bring epoch-making impact, the private non-performing assets disposal institutions are expected to play a greater role.

Industry experts said that in the new period, to promote innovation in the disposal of non-performing assets to increase investment in science and technology, to make good use of the Internet, to create a "online and offline" fusion, to accelerate the disposal of non-performing assets.

It is understood that, during the epidemic, financial asset management companies more often use "online asset promotion information release", "online live promotion", "on-site due diligence rapid docking

At the time of the epidemic, financial asset management companies were more likely to use "online asset promotion information release", "online live promotion", "on-site due diligence fast docking", "online offline" integration of non-performing asset disposal methods.

In the private non-performing assets disposal market, the use of "Internet + non-performing assets disposal" mode, there are already organizations to explore and test the water, and achieve results.

Take Sichuan Dongshan Group as an example, the group was established in Chengdu in 2016, rooted in the local community and radiating across the country, and is the only civil debt service platform that integrates asset management, functional e-commerce, and debt crisis resolution in the country; the only platform that has nearly six years of experience in dealing with civil debts and accumulating hundreds of classic cases of success; the only civil debt service organization that applies the Internet + multiple scenarios; and the only civil debt service organization that independently handles civil debts and accumulated hundreds of classic cases. It is the only service platform that independently researches and develops APP systems for asset management, commodity management, customer management, and settlement management to provide multi-dimensional strong support for debt resolution, and it is one of the professional debt handling organizations in China with the largest scale of business and the largest number of practitioners.

Sichuan Dongshan Group utilizes Internet+, opens the digital economy mode, disposes of non-performing assets through online + offline integration, adopts asset replacement, Dongshan Mall and other methods, and achieves good economic and social benefits after more than five years of development. As of December 2020, the group's transaction data for debt entrusted 41.66 billion yuan, the acquisition of 3.914 billion yuan of claims; 68,056 groups of registered customers, the transaction of 22,416 groups of customers; 6.562 billion yuan of asset replacement, 1.216 billion yuan of commodity replacement.

"The non-performing assets themselves are affected by very complex factors, and in the traditional way of disposal, do not get very efficient, high quality, professional disposal, with the development of the economy, non-performing assets not only in the number of surge, but also more complex characteristics." Sichuan Dongshan Group believes that with the application of 5G, cloud computing, blockchain, big data and other new technologies, new means of technology to empower the disposal of non-performing assets business, to create an "online offline" non-performing assets fusion disposal operation system, so that its services are more accurate and efficient, and more high-quality resolution of debts and liabilities.

In fact, it is true that the Internet + information interoperability, seamless connection, the concept of resource integration and the ability to dispose of non-performing assets to bring unlimited possibilities; the full coverage of the Internet and the integration of big data collection, can be realized in the non-performing asset holders and disposable directly to the rapid and unimpeded matching, timely negotiation, cooperation, and so on.

"The free service and value-added income thinking mode of Internet thinking can be realized in the disposal service of non-performing assets, through the comprehensive service platform of non-performing assets, it can cover the whole industry chain of non-performing assets, so that the users can fully enjoy the free dividends of the Internet at the same time, but also according to the demand for value-added services. " Industry experts analyze that to use the Internet thinking particularly well, one is to make information more symmetrical, many participating subjects in fact have a strong demand for a certain type of information; the second is the hope that through the Internet model to the relevant subjects aggregated to a piece, we can realize the division of labor and cooperation, *** with the improvement of the efficiency of the industry, in improving efficiency at the same time and even allow most of the participating subjects to benefit.

At present, the four major domestic AMCs (asset management companies) are actively promoting cloud computing, big data, mobile Internet and other digital technologies, and actively create "online and offline" non-performing assets fusion disposal operation system, to provide more accurate technology for the disposal of non-performing assets to empower the business.

As a private asset management company in Sichuan Dongshan Group, in the exploration of innovative digital economy disposal of non-performing assets, has emerged. The company opened the online platform "Dongshan Mall", the customer groups and assets, such as subdivided, the debt, points, commodities, cash and other links, online and offline integration and interaction, the use of a variety of solutions, multi-dimensional reach to resolve debt disputes.

"With the development and popularization of the Internet, especially the mobile Internet, it is a general trend to make full use of the technological capabilities of the Internet platform and the advantages of customer traffic to carry out marketing of non-performing assets." Dongshan Group adopts a "comprehensive, one-stop" online marketing platform for non-performing assets, Dongshan Mall, which y integrates the professional team and the Internet platform, leverages the dual channels of online and offline, and gives full play to the multiplier effect of the Internet. Effect", the asset information more fully, more comprehensively, more directly to the partners, to promote the orderly resolution of debt risk, to speed up the inefficient, non-performing assets and distressed enterprises revitalization and restructuring, so that these resources as soon as possible to reconfigure and flow back to the real economy. (End)