TechFlow News — According to official information, the Securities Association of China (SAC) has released a research report titled "On Advancing the Development of Digital Transformation in the Securities Industry." The association stated that it will accelerate the introduction of industry standards to promote the integration of financial technology applications. It aims to gradually establish and improve application standards and technical specifications for digital technologies such as artificial intelligence, blockchain, cloud computing, and big data within the securities industry, and clarify the application conditions and compliance requirements for AI technology in investment advisory services. SAC encourages securities firms to increase investment in fields like artificial intelligence, blockchain, cloud computing, and big data, promote deeper integration between information technology and securities business, enhance the level of digitalization in business and management models, evaluate the outcomes of digital technology applications in securities operations, and promote best practices in securities industry digitalization to lead industry-wide transformation.
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