As a key area for large model applications, the financial industry is moving from pilot exploration to engineering deployment, with financial large models efficiently empowering customer service, knowledge management, process assistance, and other areas. At the same time, different types of financial institutions are exploring differentiated paths for large models. For example, banks mainly focus on private projects under compliance and regulatory requirements, while leading banks are developing their own models or collaborating with large model vendors to set industry benchmarks; the insurance industry has highly structured business processes that naturally adapt to large model capabilities and tend to focus on the large-scale implementation of standard processes; securities firms have a higher tolerance for technological innovation on the business side, especially in areas such as research assistance, content summarization, and sentiment analysis; internet finance is actively promoting the deployment of standardized financial large model native products with its cloud-native architecture.
Based on the research and analysis of China's financial big models for the whole year 2024, Frost & Sullivan (hereinafter referred to as 'Frost & Sullivan') in collaboration with LeadLeo Research Institute has released the 'China Financial Big Model Market Tracking Report 2024'. This report provides an in-depth analysis of the market share and competitive landscape of China's financial big models, elaborates on business models, product delivery, and major participants under private deployment and MaaS deployment forms. It also conducts a deep analysis of the deployment characteristics and scenario needs of different financial institutions, and makes a judgment on the future development trend of big models in the financial industry.
