“China’s asset management industry will have made great progress in the next decade and Datayes will continue to equip investors with cognitive technology-based information and data services,” says Dr. Jim Wang at an exclusive interview with China Securities Journal, an influential national newspaper in China.

Dr. Wang added that there are three major forces driving the development of China’s asset management industry, including the on-going transition of wealth towards equity assets, the continuous transformation of non-standard products to net worth products amidst new regulations and the reforming of China’s pension system.

Datayes’ new technology will continue to empower investors in investment, research, marketing, customer service and other fields, said Dr. Wang.

Digital technologies such as AI and Big Data bring out cognitive technology-based information and data services that can demonstrate the correlation and value in and between data, providing immeasurable investment insight that empowers both institutional and individual investors.

Cognitive technologies are capable of processing massive volumes of data and at great speed while the human brain has the power of generating insight while processing data. Cognitive technology complements and equips the human mind to make investments smarter and more efficient.

Dr. Wang added that digitalization is the key to the future. There is no doubt that an underdigitalized asset management institution will struggle to compete in the market, like those who were left behind in the 80s and 90s without a computer.

Being digital can give institutions the advantage, and information and data services will evolve to cognitive technology. The sky is the limit, concluded Dr. Wang.

Datayes is a global fintech company headquartered in Shanghai that empowers investors to invest smarter and more proficiently through an intuitive platform that integrates human knowledge and machine intelligence.

Datayes provides a comprehensive suite of services from investment analysis to portfolio management in the form of SaaS, data APP and customized product solutions to finance professionals globally, covering over 2,000 financial institutions, 200,000 professional investors and more than 10,000,000 retail investors.