摘要 自我国推出利率市场化政策以来，各个商业银行的运营压力不断提升，商业银 行传统业务获得的收益不断降低，各个商业银行纷纷制定各种措施来调整业务发 展，以获得更多的经济效益。在各项业务之中，中间业务具有利润率较高，金融风 险较小等优势被更多的商业银行所重视，各个商业银行也纷纷开拓多种中间业务来 提升银行发展速度。 在国内金融市场发展过程中，资产托管主要是对金融行业中各种风险予以管 控，从而达到稳定市场发展作用的一种主要方式，不仅仅可以有效降低金融风险， 同时也给各个投资者提供更好的保障。和其他国家资产托管业务相比，国内资产托 管业务开展较晚，各项制度不够完善，这也导致国内资产托管业务仍然存在着很大 的风险。风险管理能力是金融行业发展中的重要环节，也是资产托管业务中需要面 对的关键问题。此次论文研究对资产托管业务的发展和现状进行了详细的论述和分 析，证实了资产托管业务和商业银行传统业务之间存在的差异，找出资产托管过程 中存在的各种风险，并且提出相关管理方法。 基于此，本文以委托代理理论、信息不对称理论以及契约理论为基础，探究X 银行资产托管业务的风险管理问题。本文在分析X银行资产托管业务风险管理问题 的时候，借助了问卷调查进行研究，通过对X银行资产托管业务的客户与从业人员 进行调查发现，得知现阶段X银行在资产托管业务风险管理中面临着部分问题，例 如缺乏健全的风险监督机制、托管产品重数量轻质量、风险控制不完善以及从业人 员的培训与激励机制不健全等问题，最后本文借鉴国内外银行资产托管业务风险管 理的经验，并结合X银行资产托管业务风险管理的实际情况，从加强资产托管产品 创新、完善监督机制、健全风险控制、以及加强人才队伍建设等方面提出X银行资 产托管业务风险管理的对策建议，希望能够给国内众多商业银行的资产托管业务提 供借鉴与参考。 关键词：商业银行；资产托管业务；风险管理 Abstract Abstract With the progress of marketization of interest rates, the competition among domestic commercial banks is becoming fiercer and the profit margin of traditional businesses is shrinking. Domestic commercial banks are beginning to expect to adjust their income structure through the operation of business transformation. Intermediary business has gradually become the blue ocean of business of domestic commercial banks due to its advantages of high income, low risk and great innovation potential. Focusing on the development of intermediate businesses, exploration and expansion of profit channels will become the future development direction of commercial banks in China. In the capital market, the asset custody mechanism is an important measure to control financial risks and promote the steady development of the market. It plays an important role in protecting the rights and interests of investors and safeguarding financial security. Compared with developed countries, the development of domestic asset custody business is still in its infancy, the most prominent problem is the lack of comprehensive and perfect risk management industry standards. In carrying out the asset custody business, the risk management ability is the key to enhancing the competitiveness of the custodian bank. This paper introduces the history, development status and existing problems of asset custody business in domestic commercial banks in detail. It shows that asset custody business has its own unique risk different from the traditional business of commercial banks, and analyzes the risk type, risk reason and risk management methods. Based on this, this paper explores the risk management of asset custody business of bank X on the basis of principal-agent theory, information asymmetry theory and contract theory. When analyzing the risk management of asset custody business of X bank, this paper studied with the help of questionnaire survey. Through investigating the clients and practitioners of asset custody business of X bank, it was found that X bank mainly existed in the risk management of asset custody business: Hosting product quantity of light quality, lack of risk supervision mechanism, risk control is not perfect, and staff training and incentive mechanism is not sound, at the end of the paper based on the experience of the bank asset custody business risk management at home and abroad, and combining with the actual situation of X bank asset custody business risk management, from strengthen asset trust product innovation, perfect the supervision mechanism and improve the risk control, and some Suggestions on strengthening the construction of talent team X bank asset Abstract custody business risk management countermeasures and Suggestions, hope to be able to give many domestic commercial bank asset custody business provides reference. Keywords: Commercial bank; Asset custody business; Risk management 目录 目 录 第1 章 绪论 ......................................................................................................................... 1 1.1 研究背景与意义 ..................................................................................................... 1 1.1.1 研究背景 .......................................................................................................................... 1 1.1.2 研究意义 .......................................................................................................................... 2 1.2 文献综述 ................................................................................................................. 2 1.2.1 国外文献综述 ................................................................................................................... 2 1.2.2 国内文献综述 ................................................................................................................... 3 1.2.3 文献述评 ........................................................................................................................... 5 1.3 研究内容与方法 ..................................................................................................... 5 1.3.1 研究内容 ........................................................................................................................... 5 1.3.2 研究方法 ........................................................................................................................... 6 1.4 创新点 ..................................................................................................................... 7 第2 章 相关概念界定与理论基础 ...................................................................................... 8 2.1 资产托管业务的概念与特征 ................................................................................. 8 2.1.1资产托管业务的概念 ........................................................................................................ 8 2.1.2资产托管业务的特征 ........................................................................................................ 9 2.2 相关理论基础 ....................................................................................................... 10 2.2.1 委托代理 ......................................................................................................................... 10 2.2.2信息不对称理论 .............................................................................................................. 10 2.2.3契约理论 ......................................................................................................................... 11 2.3 本章小结 ............................................................................................................... 12 第 3 章 X 银行资产托管业务风险管理现状调查分析 .................................................... 13 3.1 X 银行资产托管业务现状 .................................................................................... 13 3.1.1 X 银行简介 ..................................................................................................................... 13 3.1.2 X 银行资产托管业务发展现状 ...................................................................................... 13 3.1.3 X 银行资产托管业务产品及其服务现状 ...................................................................... 13 3.2 X 银行资产托管业务风险管理现状 .................................................................... 16 3.2.1