Research Report on Commercial Banks' Data Element-Based Financial Products and Services

This report, written by China Everbright Bank and Renmin University of China, explores the innovation of financial products and business in commercial banks in the context of data elements. It analyzes the development status of the data element market, discusses the practical significance of data element financial services, and emphasizes the importance of data as a fundamental resource of the digital economy, as well as the key role of financial services in promoting the release of data value. The report also elaborates on the pathways and practical explorations of commercial banks' participation in the data element market from multiple dimensions, including data custody and management, data asset credit, data element securitization, and the financial ecosystem of data elements. Commercial banks have advantages in capital, technology, and platforms in data custody business, but also face challenges in legal and management mechanisms. The development of data asset credit and data element securitization business provides new drivers for growth of commercial banks, but there is also a need to further improve risk management and value assessment mechanisms. The report also puts forward policy suggestions on improving the system and innovating business models, and outlines the future development trends of data element finance, including promoting the compliant circulation of data, empowering the high-quality development of the real economy, and exploring new paths to common prosperity.

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