Another financial terminal is down. From 8 o'clock on January 8, a reporter from Beijing Business Daily paid attention to the fact that Wind's Wind financial terminal and mobile phone terminal could not log in normally, and for a while, "Wind collapsed" rushed to the hot search on Weibo. In this regard, Wind responded that the company's backbone network line failure is being repaired. As of press time, Wind has not returned to normal. Some industry insiders said that the inability to log in normally may have a certain impact on the internal operations and investment research work of ** company and ** company. According to another insider, the company has planned to reduce the use of wind, and after the above-mentioned downtime, it may further accelerate the replacement of wind products.
Wind collapsed" rushed to the hot search.
Terminal downtime is a cause for concern. From 8 o'clock on January 8, a reporter from Beijing Business Daily noticed that Wind's Wind financial terminal and mobile phone terminal could not log in normally, and repeatedly prompted "Failed to connect to the server, please try again later". The above-mentioned outage situation caused heated discussions in the market, and for a while, "wind collapsed" rushed to the 14th place in the hot search on Weibo, and as of 15 o'clock on the same day, it caused 774 readings70 thousand. Many netizens said that they had been forced to stop work.
In response, Wind issued a notice in response saying that due to the failure of the company's backbone network line, some services may not be able to be carried out normally, and the construction personnel are rushing to repair it. Once it is restored, Wind will notify as soon as possible and will inform the market of the processing situation on an hourly basis via WeChat.
As of January 8th**, the page is still not functioning properly. Regarding the latest repair progress of the terminal down, a reporter from Beijing Business Daily called Wind, but did not receive a reply as of press time. According to the news released by the financial blogger "Jevons's Macro Notes", some institutions issued a notice saying that Wind has a large network failure problem and a long recovery time, and it is being repaired, and the recovery time has not yet been notified.
Or affected by the news, another main financial terminal service straight flush once rose, up to 813%。As of ** closed at 1543 points, up 363%。
According to public information, Wind is a financial data, information and software service company. Its clients include the vast majority of China's financial enterprises such as ** companies, ** management companies, insurance companies, banks and investment companies, and qualified foreign institutional investors (QFIIs) approved by the China Securities Regulatory Commission.
Wind's downtime has also attracted the attention of investors, and some of the biggest Vs have said that this directly affects its investment research analysis data. Will the failure to log in to wind affect financial institutions such as public offerings and securities firms?Some public offering practitioners pointed out that general financial institutions have applied wind, which is specifically used for capturing and querying market data of business products. Some companies also have other terminal backup queries in addition to the application wind, so the above downtime has little impact. Some public offerings also admit that the company is currently using wind less, so the related impact is small.
Jiang Han, a senior researcher at Pangu Think Tank, believes that wind financial terminals are usually applied to investment research, trading, risk control and operation of securities firms. Wind provides a wealth of financial data and information, and is an important tool for brokerages to make investment decisions, risk management, market analysis, and operational support. If Wind cannot log in normally, it may have a certain impact on the internal operations and investment research work of **, the brokerage, depending on the duration and scope of the failure.
Jia Zhi, managing director of Hualin** Asset Management Tribe, pointed out that "Wind only provides data and information, and does not involve related transactions, so it will not cause investment losses, but it may affect the user experience."
It should be noted that this is not the first time that a financial terminal has gone down. Looking back on November 9, 2022, many investment apps, including the Straight Flush app, could not operate normally, and at that time, "Straight Flush collapsed" also appeared on Weibo's hot search. Jiang Han reminded that in order to prevent the adverse effects of the above-mentioned downtime events, it is recommended that financial institutions take a variety of measures, such as establishing emergency plans, preparing other channels or software that can realize query functions, etc.
Institutional product substitution has accelerated.
In fact, in recent years, many financial institutions have called "unaffordable" by many financial institutions. Previously, market news showed that in the first list of wind financial terminals, the annual fee of wind terminal account is 39,800 yuan, and the annual fee of economic database is 34,600 yuan;If 200 terminal accounts are purchased, the average annual value of each account of the wind financial terminal is 24,540 yuan, and the average annual account of the economic database is 14,940 yuan.
Some financial bloggers pointed out that due to the high cost of using wind, some ** companies will no longer use wind. In addition, it is also reported that many brokerages have implemented rules for the allocation of wind accounts and reduced the number of wind accounts.
In this regard, a brokerage insider told the Beijing Business Daily reporter that his personal had switched to other financial terminals a year ago, and most of the company's staff also switched to other financial terminals a year ago, and only a few departments and lines still retained wind accounts. Another large brokerage practitioner said that demand is an important factor in choosing a financial terminal. At present, the company's application wind will match the corresponding version according to the job requirements. At the same time, the company will also purchase Straight Flush iFind or Oriental Wealth Choice according to specific business needs.
In terms of public offering, a person in South China said, "The sudden downtime on the morning of January 8 is a once-in-a-lifetime opportunity for competing products, and colleagues have begun to investigate the needs of other terminals such as Oriental Fortune Choice at noon." In fact, the company has plans for this. Its staff only retains a very small number of wind accounts, and most of the positions are replaced by other similar software. Wind downtime may speed up the progress of related adjustments. There may be some learning costs and short-term discomfort in the initial work, but there is really nothing irreplaceable."
Jia Zhi also said that the use of wind is wide but also high. In recent years, similar products have developed rapidly and can already achieve alternative effects.
In a highly competitive environment, financial institutions may pay more attention to cost control and efficiency improvement, which also reflects the increasing focus of financial institutions on data security and information quality. For brokerages and public offerings**, it may be a wiser choice to adopt a more flexible and personalized data service solution. Jiang Han pointed out.
Beijing Business Daily reporter Liu Yuyang Hao Yan.