Bank and government join forces with “digital intelligence” defense: Bohai Bank (09668) joins hands with the Tianjin Audit Bureau to establish a strong risk control outpost

The Zhitong Finance App learned that recently, Bohai Bank (09668) and the Tianjin Municipal Audit Bureau collaborated deeply to create a new chapter in the practice of banking and government data sharing and joint risk prevention and control, based on the “Smart Management Platform for Economic Security Audit and Supervision”. As the only national joint-stock commercial bank headquartered in Tianjin, Bohai Bank actively integrates into the overall situation of prevention and control at the source of local economic security audits and supervision, enhances risk identification and early warning capabilities through digital and intelligent means, and provides a replicable “Bohai Plan” for regional economic security.

Probe moving forward: banking and government collaborate to establish a strong risk control position

The smart management platform for economic security audit and supervision built by the Tianjin Municipal Audit Bureau extends risk supervision from the back to the source, and simultaneously establishes an invitation mechanism to guide financial institutions to work together to prevent risks from the front end of the business. The Party Committee of Bohai Bank regards participation in source governance as a must-answer question for fulfilling the responsibilities of territorial corporate banks. It quickly set up a special working group led by supervisory bank leaders and linked by multiple departments to select key business personnel to study at the Municipal Audit Bureau, participate deeply in platform applications and risk model development, and actively participate in the special risk prevention and financial work class of the Municipal Committee Finance Office to establish a normalized overall promotion mechanism. Up to now, Bohai Bank has been deeply involved in the joint construction of 5 cutting-edge risk models, independently designed and developed more than 30 accurate risk indicators, and constructed sharp “monitoring probes”. The results of the two models have received “Excellent Weekly” and “Excellent Month” awards from the Audit Bureau, respectively.

Recently, Tianjin Municipal Party Secretary Chen Miner, and Zhang Gong, Deputy Municipal Party Secretary and Mayor, visited the Municipal Audit Bureau to conduct field research, specifically inspect the operation of the platform, and visited the data analysis room of the special financial team to inspect and express their condolences. City leaders acknowledged the work of the special class, stressing the need to insist on empowering with numerical intelligence, to “use your fingers like an arm, follow the shape, and like thunder through your ears”, and achieve “cure the disease and prevent the disease.”

Penetrating warning: smart means to reshape the closed loop of risk control

Currently, the hidden nature and complexity of risk for stock credit customers continues to rise, and traditional risk control methods face bottlenecks such as difficulties in accurate identification and delays in early warning. The smart governance platform for economic security audit and supervision integrates data resources in multiple fields and is equipped with the three core systems of big data governance, intelligent audit, and smart supervision services, providing support for the banking industry to break through risk control problems.

In the pre-loan access process, the platform provides information such as business status, illegal and untrustworthy records in real time to assist banks in obtaining credit; the in-loan review process quickly forms professional opinions through data cross-verification; in the post-loan management process, the professional analysis model equipped on the platform can efficiently penetrate various types of high-risk signals such as untrustworthy execution and actual controllers suffering from major illnesses, to accurately capture hidden risks that are difficult to detect in traditional manual investigation.

Take a manufacturing inclusive enterprise as an example. The company has cooperated with Bohai Bank for many years and has a good performance record. In routine monitoring, the platform accurately captured that the actual controller of the enterprise had medical records for major illnesses, and further checks revealed that they were no longer participating in the operation but deliberately concealed them. After the evaluation, the bank did not take simple loan extraction measures, but instead added joint guarantees for its children, which not only effectively mitigated credit risk, but also avoided causing an impact on normal business operations. This case vividly validates the key value of the platform in driving the transformation of risk control from “ex post facto remedy” to “advance warning.”

Digital intelligence defense: joint defense works together to protect economic security

The value of data lies in the flow, and the effectiveness of the model lies in application. Bohai Bank insists on putting equal emphasis on “internalization” and “empowerment” to extend the value of audit data to the front line of business. The bank organized and carried out special training covering 8 business departments to promote the implementation of the platform in various scenarios such as early warning and monitoring of existing customers, early warning of enterprise operations, and investigation of group customer relationships. Focusing on outstanding issues such as “professional debtors” and “debt evasion,” banks participated in the design of multi-dimensional risk indicators and intelligent screening models to effectively transform audit data into powerful tools for risk prevention and control.

From passive acceptance to active cultivation, post-remediation to early warning, from individual combat to joint prevention and control, the collaborative practices of Bohai Bank and the Tianjin Municipal Audit Bureau have provided useful exploration for financial forces to participate in economic security management. In the next step, Bohai Bank will continue to deepen bank-government strategic collaboration, strengthen risk prevention and control throughout the process, help the real economy with more solid financial services, and protect regional economic security.