The China Securities Investment Fund Industry Association releases the group standard "Guidelines for the Application of Large Model Technology in Fund Management Institutions"

Beijing Business Today (reported by Liu Yuyang) On April 3, the Asset Management Association of China (AMAC) released an announcement stating that, in accordance with the relevant provisions of the “Administrative Measures for the Management of Group Standards of the Asset Management Association of China (Trial),” the Association organized the drafting of the “Technical Application Standards for Large-Model Technology for Fund Business Institutions” (hereinafter referred to as the “Standards”). After review and approval by the Association’s council, the Standards are hereby issued and will take effect from the date of publication.

AMAC noted that, as an important participant in the financial market, fund business institutions are actively exploring and applying large-model technology. However, the application of large-model technology in the asset management sector still faces a series of challenges and difficulties, including technical challenges such as insufficient understanding of financial knowledge and model hallucinations, as well as issues related to safety and compliance that need to be addressed in real-world applications. To promote the digital transformation and innovative development of the asset management industry, to guide fund business institutions to use large-model technology in a standardized and reasonable manner to improve service levels, and to effectively protect personal financial information security and investors’ rights and interests, the group standard has been specially formulated.

In terms of content, the Standards provide a reference framework for the use of large-model technology in asset management business, and set requirements for areas including the basic infrastructure, data management, model services, application technology, security management, and scenario applications. It is applicable to fund business institutions using large-model technology to build system platforms and provide application services.

At the same time, the Standards state that the reference framework for the application of large-model technology in asset management business consists of six core components: the infrastructure layer, the data management layer, the model services layer, the application technology layer, the security management layer, and the scenario application layer. In addition, the Standards further define requirements for the infrastructure, data management, model services, application technology, security management, and scenario applications.