Introduction

The center serves as a research platform dedicated to fintech and innovation management. Details of its responsibilities and events are as follows:

1. Cutting-edge Research

The center focuses on innovation research concerning financial market, financial products, and financial services. Technologies such as big data analysis, artificial intelligence (AI), and blockchain are applied in optimizing and innovating traditional financial models. The center also studies the application of these technologies in risk management, assets management, credit rating, and anti-money laundering.

2. Technology Application and Development

In addition to theoretical studies, the center is committed to translating these cutting-edge technologies into practical toolkits and solutions. To this end, new financial instruments, trading algorithms, and customer service systems will be developed to improve efficiency, reduce mistakes and fraud, and create better customer experiences.

3. Policy Making and Consultation

The center offers strategic suggestions and consultation services to government organs and financial regulators, assisting them in understanding development trends of fintech and formulating regulatory policies and standards that are appropriate and effective. The aim is to ensure the stability and security of the financial market while promoting technological innovation.

4. Talent Cultivation and Education

The center functions as an education institute and collaborates with higher education institutions to offer students fintech-related courses and internship opportunities and nurture future fintech talents. In addition, its seminars, lectures, and workshops provide exchange opportunities for professionals from the industry and the academia.

5. Cross-border Cooperation

In the era of globalization and the Internet, digital intelligence finance is not limited to traditional financial institutions, but also engages with e-commerce, social network, and large sci-tech enterprises. The center will establish cooperative partnerships with these firms and academic institutions to jointly probe into new technologies R&D and promote financial innovation.

6. Achievements Release and Presentation

The center issues research reports and hosts forums and exhibitions regularly, presenting its latest results and progress in fintech and innovation management. It is expected to attract more attention and investment to promote the commercialization of knowledge.

The center is aimed at developing itself into a pioneer taking the lead in fintech innovation and providing support for the sustained development and innovation of the financial industry.

Organizational Structure

The organizational structure mainly consists of the following parts:

1. Leadership

Director: be responsible for formulating overall strategic plans and policies and guiding routine operations.

Deputy Director: assist in management tasks and be dedicated to specific research or administrative work.

2. Research Team

Researchers/Scholars: have expertise of finance, economy, and computer science and be responsible for scientific research and writing reports.

Technicians: be in charge of developing and maintaining the necessary technological solutions, such as data analysis tools and model building, required for the center.

3. Administrative Support Team

Administrative staff: be in charge of routine administrative management work, such as human resources, financial management, and events organization.

Marketing and communication team: be responsible for market promotion, brand building, and external communication and cooperation.

4. Education and Training Department

Instructors and educators: be in charge of designing and implementing education projects, such as postgraduate curriculum, seminars, and workshops.

Students and research assistants: participate in research projects and receive professional training.

5. Advisory Committee

Industry experts and academic advisers: including experts from enterprises, governments, and higher education institutions who provide strategic guidance and policy suggestions.

6. Project Team and Labs

Research team for specific projects: interdisciplinary team dedicated to specific research topics, projects, and technological development.

Labs and technology support: provide necessary technical facilities and assistance to researchers, including experimental setups, data analysis tools, and other resources required for conducting research.

The organizational structure is conductive to ensuring the research center's efficient operations in the aspects of management, research, technological development, education training, and policy suggestions. The structure enables the center to meet the changing needs of fintech. The organizational structure can be adjusted based on factors such as the scale, objectives, and resources of the center.

Plans

In the next three to five years, the research center is likely to focus on the following aspects to enhance its ability and influence.

1. Research and Technology Innovation

- strengthen research ability in fintech, especially in big data, artificial intelligence, blockchain, and cloud computing;

- establish and upgrade labs and facilities to support advanced research and product R&D; and,

- release high-quality research findings and improve the academic status and industry influence of the center.

2. Talent Cultivation

- design and launch new education programs and curriculum, cultivating new-generation fintech leaders and experts; and,

- enhance cooperation with domestic and foreign universities and research institutions, promoting academic and talent exchange.

3. Industry Cooperation and Technology Transfer

- work with financial institutions, tech companies, and governmental agencies to put research findings to practical use; and,

- promote technology transfer and commercialization, supporting the development of innovative financial products and services.

4. Internationalization and Global Network Building

- expand international cooperation to increase the center's global presence in fintech dialogues and projects; and,

- build an international cooperation network covering academic institutions, industry organizations, and other research centers.

5. Policy Research and Consultation

- strengthen ties with the government, providing policy suggestions and participating in fintech-related policy-making; and,

- study and cope with socioeconomic effects occurred in the development of fintech, including employment, privacy protection, and financial stability.

6. Infrastructure and Resources Investment

- invest in advanced research and education facilities, including computing resources, database, and labs; and,

- seek external financial support, including government aid, industry sponsorship, and private investment.

7. Brand Building and Knowledge Popularization

- enhance brand and market position of the center, increasing the public's understanding of and support for the center; and,

- host public lectures, seminars, and exhibitions to popularize the knowledge and achievements of fintech.

The research center is geared towards creating an innovative, multidisciplinary, and internationalized space for fintech research and education through these plans, aiming to contribute to suitable development of the financial sector as well as socioeconomic progress. The plans will be adjusted and optimized in the light of industry trends, technical progress, policy environment, and the center's development needs.

Expected Outcomes

The research center will complete two Class-A indicators or five Class-B indicators in accordance with the Construction Plan for Research Centers of Business School of Hunan University under a five-year contract.