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SFS\u5df2\u6210\u4e3a\u5176\u96c6\u56e2\u4e0d\u53ef\u6216\u7f3a\u7684\u91cd\u8981\u7ec4\u6210\u90e8\u5206\uff0c\u867d\u7136\u5176\u4ece\u8d44\u4ea7\u8d1f\u503a\u8868\u4e0a\u53cd\u6620\u7684\u8d44\u4ea7\u989d\u4ec5\u5360\u96c6\u56e2\u8d44\u4ea7\u603b\u989d\u768415\uff05\uff0c\u4f46\u5176\u4ee3\u96c6\u56e2\u7ba1\u7406\u7684\u8d44\u4ea7\u8fd8\u6709600\u4ebf\u6b27\u5143\uff08\u8868\u5916\uff09\u3002SFS\u5728\u96c6\u56e2\u5168\u7403\u6027\u7684\u878d\u8d44\u5238\u5b89\u6392\uff08\u5982\u6b27\u5143\u4e2d\u957f\u671f\u503a\u5238\u3001\u6b27\u5143\u53cc\u8fb9\u4fe1\u8d37\u4ee5\u53ca\u4ee5\u7f8e\u5143\u8ba1\u4ef7\u7684\u94f6\u884c\u8d37\u6b3e\uff09\u4e2d\u53d1\u6325\u6838\u5fc3\u4f5c\u7528\u3002<\/p>\n
\u201c\u4e09\u4e2a\u4e2d\u5fc3\u201d\u7684\u5b9a\u4f4d<\/b><\/p>\n
\u897f\u95e8\u5b50\u96c6\u56e2\u5bf9\u897f\u95e8\u5b50\u8d22\u52a1\u516c\u53f8\u7684\u5b9a\u4f4d\u662f\uff1a\u91d1\u878d\u670d\u52a1\u4e2d\u5fc3\u3001\u91d1\u878d\u8425\u8fd0\u4e2d\u5fc3\u548c\u5229\u6da6\u4e2d\u5fc3\u3002\u6309\u7167\u8fd9\u79cd\u5b9a\u4f4d\uff0c\u5176\u804c\u80fd\u5206\u4e3a\u4e24\u4e2a\u65b9\u9762\uff1a\u4e00\u662f\u9488\u5bf9\u5de5\u4e1a\u4f01\u4e1a\u7684\u7279\u6b8a\u6027\u63d0\u4f9b\u4e13\u4e1a\u5316\u7684\u878d\u8d44\u670d\u52a1\u4e0e\u5b89\u6392\uff0c\u5373\u201c\u5185\u90e8\u94f6\u884c\u201d\u804c\u80fd\uff1b\u4e8c\u662f\u4ee5\u6ee1\u8db3\u96c6\u56e2\u6210\u5458\u4f01\u4e1a\u9700\u6c42\u4e3a\u5bfc\u5411\uff0c\u5411\u5b83\u4eec\u63d0\u4f9b\u5168\u65b9\u4f4d\u7684\u8d22\u52a1\u7ba1\u7406\u54a8\u8be2\u4e0e\u91d1\u878d\u652f\u6301\u3002<\/p>\n
SFS\u662f\u4e3a\u6574\u4e2a\u897f\u95e8\u5b50\u516c\u53f8\u63d0\u4f9b\u91d1\u878d\u670d\u52a1\u7684\u7a97\u53e3\uff0c\u662f\u4e00\u4e2a\u53d7\u63a7\u5236\u7684\u91d1\u878d\u670d\u52a1\u63d0\u4f9b\u5546\uff0c\u5176\u4e1a\u52a1\u6a21\u578b\u57fa\u4e8e\u4ea7\u4e1a\u6280\u672f\u548c\u91d1\u878d\u5e02\u573a\u7684\u8054\u5408\uff0c\u4e3a\u96c6\u56e2\u63d0\u4f9b\u4ea7\u54c1\u3001\u670d\u52a1\u3001\u4e13\u4e1a\u5316\u8bc1\u5238\u6295\u8d44\u7684\u89e3\u51b3\u65b9\u6848\u3002\u4e0a\u8ff0\u5404\u79cd\u6d3b\u52a8\u7d27\u7d27\u56f4\u7ed5\u897f\u95e8\u5b50\u96c6\u56e2\u7684\u9700\u6c42\u3002<\/p>\n
SFS\u7684\u804c\u80fd\u90e8\u95e8\u5305\u62ec\u8d22\u52a1\u90e8\u3001\u79d1\u6280\u670d\u52a1\u90e8\u95e8\u7b49\uff0c\u626e\u6f14\u4e86\u4e24\u4e2a\u89d2\u8272\uff1a\u4e00\u662f\u670d\u52a1\u4e8e\u4e0b\u5c5e\u5355\u4f4d\uff0c\u901a\u8fc7\u63d0\u4f9b\u91d1\u878d\u65b9\u6848\u548c\u8d22\u52a1\u5efa\u8bae\u652f\u6301\u5e76\u8fd0\u8425\u516c\u53f8\uff0c\u4e3a\u897f\u95e8\u5b50\u521b\u9020\u5177\u6709\u7ade\u4e89\u529b\u7684\u4f18\u52bf\uff0c\u5e2e\u52a9\u6210\u5458\u5355\u4f4d\u5728\u6240\u5904\u884c\u4e1a\u9886\u57df\u6709\u4e00\u4e2a\u6700\u597d\u7684\u53d1\u5c55\uff1b\u4e8c\u662f\u4f5c\u4e3a\u4e00\u4e2a\u9ad8\u6548\u7684\u98ce\u9669\u7ba1\u7406\u4eba\uff0c\u5e2e\u52a9\u6210\u5458\u5355\u4f4d\u9632\u8303\u3001\u89c4\u907f\u98ce\u9669\u5e76\u4e3a\u897f\u95e8\u5b50\u96c6\u56e2\u521b\u9020\u5229\u6da6\u3002\u4ed6\u4eec\u6709\u4e13\u4e1a\u7684\u6280\u672f\u56e2\u961f\u548c\u4e13\u5bb6\uff0c\u4e3b\u8981\u4ece\u4e8b\u79df\u8d41\u3001\u8bbe\u5907\u878d\u8d44\u3001\u80a1\u6743\u878d\u8d44\u3001\u9879\u76ee\u878d\u8d44\u3001\u6295\u8d44\u7ba1\u7406\u3001\u4fdd\u9669\u7ba1\u7406\u4ee5\u53ca\u53f8\u5e93\u4e1a\u52a1\uff08\u8d1f\u8d23\u5168\u7403\u7684\u53f8\u5e93\u4e1a\u52a1\uff09\u3002<\/p>\n
SFS\u7684\u91d1\u878d\u670d\u52a1\u4e3b\u8981\u662f\u4e3a\u5e02\u573a\u4e2dB2B\u7684\u4e1a\u52a1\u884c\u4e3a\u63d0\u4f9b\u5b9a\u5236\u5f0f\u7684\u89e3\u51b3\u65b9\u6848\uff0c\u5176\u4e1a\u52a1\u5206\u4e3a\u4e24\u5927\u7c7b\u516b\u5927\u4e1a\u52a1\u9886\u57df\u3002<\/p>\n
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SFS\u901a\u8fc7\u8fd9\u79cd\u4e1a\u52a1\u8bbe\u7f6e\u4e0e\u804c\u8d23\u5206\u5de5\uff0c\u5b9e\u73b0\u5176\u4f5c\u4e3a\u897f\u95e8\u5b50\u96c6\u56e2\u5185\u90e8\u5177\u6709\u4e13\u4e1a\u5316\u4f18\u52bf\u548c\u6280\u80fd\u3001\u80fd\u591f\u63d0\u4f9b\u5168\u65b9\u4f4d\u91d1\u878d\u670d\u52a1\u7684\u673a\u6784\u4f5c\u6cd5\u4eba\u804c\u80fd\uff0c\u5e76\u901a\u8fc7\u4e0e\u4e2d\u592e\u8d22\u52a1\u90e8\u7684\u4eba\u5458\u4ea4\u6d41\uff0c\u964d\u4f4e\u91d1\u878d\u8d22\u52a1\u98ce\u9669\u548c\u6210\u672c\uff0c\u6ee1\u8db3\u96c6\u56e2\u6218\u7565\u9700\u6c42\uff0c\u63d0\u5347\u91d1\u878d\u670d\u52a1\u7684\u7ade\u4e89\u4f18\u52bf\u3002<\/p>\n
\u201c\u5185\u90e8\u94f6\u884c\u201d\u7684\u5206\u5de5<\/b><\/p>\n
\u4f5c\u4e3aSFS\u201c\u5185\u90e8\u94f6\u884c\u201d\u804c\u80fd\u7684\u5177\u4f53\u6267\u884c\u8005\uff0cTFS\u90e8\u95e8\u4e0d\u4ec5\u5bf9\u5185\u90e8\u63d0\u4f9b\u96c6\u56e2\u6d41\u52a8\u8d44\u91d1\u548c\u878d\u8d44\u7684\u5168\u7403\u7ba1\u7406\uff0c\u8d44\u672c\u5e02\u573a\u4ea4\u6613\u7684\u7ba1\u7406\uff0c\u5229\u7387\u3001\u8d27\u5e01\u548c\u6d41\u52a8\u6027\u98ce\u9669\u7684\u5f52\u53e3\u7ba1\u7406\uff0c\u800c\u4e14\u8fd8\u4e3a\u5916\u90e8\uff08\u7b2c\u4e09\u65b9\uff09\u63d0\u4f9b\u73b0\u91d1\u7ba1\u7406\u5e73\u53f0\u3001\u53f8\u5e93\u54a8\u8be2\u548c\u4e34\u65f6\u7ba1\u7406\u3001\u5b9e\u65bd\u53f8\u5e93IT\u89e3\u51b3\u65b9\u6848\u7b49\u3002TFS\u90e8\u95e8\u662f\u8fde\u63a5\u897f\u95e8\u5b50\u96c6\u56e2\u4e1a\u52a1\u90e8\u95e8\u548c\u5916\u90e8\u91d1\u878d\u5e02\u573a\uff08\u5982\u94f6\u884c\u7b49\uff09\u7684\u552f\u4e00\u4e2d\u4ecb\uff0c\u5176\u4e1a\u52a1\u5305\u62ec5\u4e2a\u90e8\u5206\u3002TFS\u7684\u5177\u4f53\u90e8\u95e8\u53ca\u804c\u8d23\u5982\u4e0b\uff1a<\/p>\n
\u73b0\u91d1\u7ba1\u7406\u4e0e\u652f\u4ed8\u4e1a\u52a1\u90e8\uff08TFS1\uff09<\/p>\n
\u5176\u603b\u4f53\u76ee\u6807\u662f\u901a\u8fc7\u5efa\u7acb\u96c6\u4e2d\u5316\u7684\u8d26\u6237\u67b6\u6784\u3001\u63d0\u4f9b\u5185\u90e8\u7ed3\u7b97\u670d\u52a1\u548c\u6807\u51c6\u5316\u7684\u5168\u7403\u6267\u884c\u7cfb\u7edf\uff0c\u5168\u9762\u5b9e\u73b0\u652f\u4ed8\u3001\u4ea4\u6613\u548c\u73b0\u91d1\u7ba1\u7406\u7684\u9ad8\u5ea6\u96c6\u4e2d\uff0c\u4ece\u800c\u5c65\u884c\u201c\u5185\u90e8\u94f6\u884c\u201d\u7684\u804c\u80fd\u3002\u897f\u95e8\u5b50\u96c6\u56e2\u89c4\u5b9a\uff1a\u6240\u6709\u6210\u5458\u516c\u53f8\u4e4b\u95f4\u7684\u4ea4\u6613\uff0c\u5fc5\u987b\u901a\u8fc7SFS\u652f\u4ed8\u548c\u7ed3\u7b97\uff0c\u6210\u5458\u4e4b\u95f4\u4e0d\u5141\u8bb8\u76f4\u63a5\u6e05\u7b97\uff1b\u6210\u5458\u4f01\u4e1a\u7684\u6240\u6709\u4ea4\u6613\u5e94\u5c3d\u6700\u5927\u53ef\u80fd\u901a\u8fc7\u5185\u90e8\u8d26\u6237\u8fdb\u884c\uff08\u5728\u65b0\u5174\u5e02\u573a\u7684\u53ef\u9664\u5916\uff09\u5904\u7406\uff1b\u6210\u5458\u4f01\u4e1a\u5fc5\u987b\u6309\u7167\u96c6\u56e2\u8981\u6c42\uff0c\u5b9e\u73b0\u8d44\u91d1\u96c6\u4e2d\uff0c\u964d\u4f4e\u8d44\u91d1\u98ce\u9669\uff0c\u8282\u7ea6\u6210\u672c\u3002\u4e3a\u6b64\uff0cTFS\u5f3a\u5316\u4e86\u6709\u5173\u5e94\u6536\u8d26\u6b3e\uff08A\/R\uff09\u548c\u5e94\u4ed8\u8d26\u6b3e\u00a0\uff08A\/P\uff09\u7684\u7ba1\u7406\u548c\u6d41\u7a0b\uff0c\u901a\u8fc7\u900f\u652f\u4fbf\u5229\u3001\u63d0\u9ad8\u652f\u4ed8\u6548\u7387\u3001\u5b9e\u65bd\u6210\u672c\u63a7\u5236\u548c\u8d26\u6237\u96c6\u4e2d\u7b49\u7ba1\u7406\u63aa\u65bd\uff0c\u4fdd\u969c\u516c\u53f8\u76ee\u6807\u7684\u5b9e\u73b0\u3002\u4f46\u662f\uff0c\u897f\u95e8\u5b50\u96c6\u56e2\u7684\u4e0a\u8ff0\u89c4\u5b9a\u548c\u76ee\u6807\u6267\u884c\u8d77\u6765\u8fd8\u5b58\u5728\u4e00\u4e9b\u5b9e\u9645\u56f0\u96be\u3002\u6bd4\u5982\uff0c\u5b58\u5728\u67d0\u4e9b\u201c\u7ba1\u5236\u201d\u56fd\u5bb6\uff1b\u67d0\u4e9b\u56fd\u5bb6\u8d27\u5e01\u4ecd\u4e0d\u53ef\u81ea\u7531\u5151\u6362\uff1b\u67d0\u4e9b\u56fd\u5bb6\u89c4\u5b9a\u5916\u56fd\u4eba\u4e0d\u5141\u8bb8\u5728\u5f53\u5730\u5f00\u8bbe\u672c\u5e01\u8d26\u6237\uff0c\u4ee5\u53ca\u67d0\u4e9b\u9488\u5bf9\u5229\u606f\u5f81\u7a0e\u7b49\u6cd5\u5f8b\u6216\u7a0e\u6536\u73af\u5883\u7684\u9650\u5236\u7b49\u3002\u8fd9\u4e9b\u5b9e\u9645\u5b58\u5728\u7684\u95ee\u9898\u4e5f\u5f71\u54cd\u4e86SFS\u8d44\u91d1\u96c6\u4e2d\u7ba1\u7406\u7684\u5168\u9762\u63a8\u884c\u3002<\/p>\n
\u897f\u95e8\u5b50\u96c6\u56e2\u5171\u6709\u4e0b\u5c5e\u516c\u53f81900\u5bb6\uff0c\u94f6\u884c\u8d26\u62375900\u591a\u4e2a\u3002\u76ee\u524d\u5df2\u67091200\u591a\u5bb6\u516c\u53f8\u76844000\u591a\u4e2a\u8d26\u6237\u53d7SFS\u76f4\u63a5\u7ba1\u7406\u3002\u6210\u5458\u5355\u4f4d\u65b0\u8d26\u6237\u7684\u5f00\u7acb\u987b\u7531SFS\u5ba1\u6279\uff0c\u5e76\u8981\u6c42\u4e00\u79cd\u8d27\u5e01\u5fc5\u987b\u6c47\u96c6\u5728\u4e00\u4e2a\u8d44\u91d1\u6c60\uff0c\u8fdb\u4e00\u6b65\u96c6\u4e2d\u5230\u4e00\u4e2a\u4e2d\u5fc3\u8d26\u6237\uff08centralaccount\uff09\u3002<\/p>\n
\u8d44\u672c\u5e02\u573a\u90e8\uff08TFS2\uff09<\/p>\n
\u4e3b\u8981\u662f\u8d1f\u8d23\u53d1\u884c\u503a\u5238\uff0c\u4ee5\u53ca\u6388\u4fe1\u989d\u5ea6\u7684\u5b89\u6392\u3002<\/p>\n
\u91d1\u878d\u5e02\u573a\u90e8\uff08TFS3\uff09<\/p>\n
\u7ba1\u7406\u96c6\u56e2\u6240\u6709\u7684\u5916\u6c47\u98ce\u9669\u548c\u91d1\u878d\u98ce\u9669\uff0c\u5982\u8d27\u5e01\u3001\u5229\u7387\u7684\u98ce\u9669\u7b49\u3002\u4e3b\u8981\u4efb\u52a1\u662f\u6839\u636e\u98ce\u9669\u987e\u95ee\u4e0e\u878d\u8d44\u90e8\u95e8\u63d0\u51fa\u7684\u8981\u6c42\uff0c\u8d1f\u8d23\u4e0e\u5916\u90e8\u94f6\u884c\u53ca\u5e02\u573a\u7684\u5177\u4f53\u64cd\u4f5c\u3002<\/p>\n
\u98ce\u9669\u987e\u95ee\u4e0e\u878d\u8d44\u90e8\uff08TFS4\uff09\u3002<\/p>\n
\u4e3b\u8981\u4e1a\u52a1\u5185\u5bb9\u662f\uff1a\u98ce\u9669\u7ba1\u7406\u3001\u8d37\u6b3e\u4fdd\u51fd\u6216\u62c5\u4fdd\u3001\u5185\u90e8\u878d\u8d44\u3002\u76ee\u6807\u67097\u4e2a\uff1a\u8f67\u5dee\u80fd\u529b\uff08Netting\uff0c\u76f8\u5f53\u4e8e\u8d44\u91d1\u6d41\u52a8\u6027\u7ba1\u7406\u80fd\u529b\uff09\u3001\u96c6\u4e2d\u989d\u5916\u6d41\u52a8\u6027\u3001\u964d\u4f4e\u4fe1\u8d37\u98ce\u9669\u3001\u51cf\u5c11\u5916\u90e8\u8d37\u6b3e\u3001\u907f\u514d\u989d\u5916\u6210\u672c\u3001\u63d0\u9ad8\u96c6\u56e2\u516c\u53f8\u8d22\u52a1\u62a5\u8868\u7684\u900f\u660e\u5ea6\u3001\u63d0\u9ad8\u6216\u6539\u5584\u96c6\u56e2\u516c\u53f8\u7684\u5916\u90e8\u8bc4\u7ea7\u3002<\/p>\n
\u9488\u5bf9\u5185\u90e8\u878d\u8d44\uff0cSFS\u89c4\u5b9aTFS\u7684\u804c\u8d23\u662f\uff1a\u5438\u6536\u6210\u5458\u4f01\u4e1a\u4e0d\u8d85\u8fc73\u4e2a\u6708\u671f\u7684\u5b58\u6b3e\uff0c\u5e76\u5411\u6210\u5458\u4f01\u4e1a\u63d0\u4f9b\u4e0d\u8d85\u8fc71\u5e74\u671f\u7684\u8d37\u6b3e\u3002\u66f4\u957f\u671f\u7684\u8d37\u6b3e\u4e1a\u52a1\u4e0d\u5728TFS\u90e8\u800c\u662f\u7531SFS\u5185\u90e8\u7684\u5176\u4ed6\u90e8\u95e8\u8d1f\u8d23\u3002\u6709\u5173\u6210\u5458\u4f01\u4e1a\u5b58\u8d37\u6b3e\u4e8b\u9879\u7684\u5176\u4ed6\u7279\u4f8b\uff08\u5305\u62ec\u671f\u9650\u3001\u65b9\u5f0f\u3001\u7528\u9014\u6216\u91d1\u989d\u7b49\uff09\uff0c\u5fc5\u987b\u7531\u672c\u90e8\u95e8\u6279\u51c6\u3002TFS\u63d0\u4f9b\u5185\u90e8\u8d37\u6b3e\u5b9e\u884c\u4f18\u60e0\u5229\u7387\uff0c\u4e0e\u94f6\u884c\u76f8\u6bd4\uff0c\u8d37\u6b3e\u5229\u7387\u53ef\u4e0b\u964d15~55\u4e2a\u57fa\u70b9\uff08bps\uff09\u3002<\/p>\n
\u4fe1\u606f\u6280\u672f\u90e8\u95e8\uff08TFS5\uff09\u3002<\/p>\n
\u8fd9\u662fSFS\u76f8\u5f53\u91cd\u8981\u7684\u90e8\u95e8\uff0c\u8d1f\u8d23\u63d0\u4f9b\u4fe1\u606f\u6280\u672f\u5e73\u53f0\u3002\u4e3a\u5b9e\u73b0TFS\u73b0\u91d1\u7ba1\u7406\u3001\u8d26\u6237\u7ba1\u7406\u3001\u8d22\u52a1\u54a8\u8be2\u548c\u98ce\u9669\u7ba1\u7406\u804c\u80fd\u63d0\u4f9b\u89e3\u51b3\u65b9\u6848\u3002\u8be5\u90e8\u95e8\u7684\u4e3b\u8981\u4efb\u52a1\u662f\u6784\u5efa\u4e00\u4e2a\u8fde\u63a5\u96c6\u56e2\u6210\u5458\u4f01\u4e1a\u548c\u5916\u90e8\u91d1\u878d\u3001\u94f6\u884c\u7cfb\u7edf\u7684\u5e73\u53f0\u548c\u754c\u9762\uff0c\u5b9e\u73b0\u591a\u79cd\u529f\u80fd\uff0c\u4ee5\u9002\u5e94SFS\u6d41\u52a8\u6027\u7ba1\u7406\u3001\u8d44\u91d1\u96c6\u4e2d\u4e0e\u8d44\u91d1\u6c60\u3001\u5185\u90e8\u7ed3\u7b97\u3001\u5916\u6c47\u4ea4\u6613\u548c\u5168\u7403\u652f\u4f1a\u4e2d\u5fc3\u7684\u8981\u6c42\uff0c\u540c\u65f6\u8fbe\u5230\u201c\u5168\u7403\u4e1a\u52a1\u672c\u5730\u5904\u7406\uff08think\u00a0globally,\u00a0act\u00a0locally\uff09\u201d\u7684\u6548\u679c\u3002<\/p>\n
\u8be5\u90e8\u95e8\u5f00\u53d1\u7684Finavigate\u7cfb\u7edf\uff0c\u8fd0\u7528\u4e8e\u96c6\u56e2\u7684\u5404\u6210\u5458\u4f01\u4e1a\uff0c\u65e2\u6ee1\u8db3\u4e86\u897f\u95e8\u5b50\u5168\u7403\u6d41\u52a8\u6027\u7ba1\u7406\u7684\u8981\u6c42\uff0c\u53c8\u53d1\u6325\u5168\u7403\u652f\u4ed8\u4e2d\u5fc3\u7684\u4f5c\u7528\uff0c\u66f4\u91cd\u8981\u7684\u662f\u6574\u4e2a\u897f\u95e8\u5b50\u96c6\u56e2\u7684\u5168\u7403\u6570\u636e\u4e2d\u5fc3\u3002Finavigate\u7ba1\u7406\u8d85\u8fc71000\u4e07\u7b14\u7684\u7b2c\u4e09\u65b9\u652f\u6301\u4e1a\u52a1\uff0c\u540c\u65f6\u5b9e\u73b0\u5185\u90e8\u8d85\u8fc71000\u4e07\u7b14\u7684\u5168\u7403\u6210\u5458\u7684\u5185\u90e8\u7ed3\u7b97\u6e05\u5355\uff0c\u5e76\u52a8\u6001\u7ba1\u7406\u7740\u8d85\u8fc79\u4e07\u4e2a\u8d26\u6237\u3002<\/p>\n
Finavigate\u7cfb\u7edf\u6b63\u9488\u5bf9\u897f\u95e8\u5b50\uff08\u4e2d\u56fd\uff09\u516c\u53f8\u4e13\u95e8\u5f00\u53d1\u8bbe\u8ba1\u65b0\u7684\u6d41\u7a0b\uff0c\u4f7f\u4e4b\u6210\u4e3a\u897f\u95e8\u5b50\u96c6\u56e2\u5728\u4e2d\u56fd\u6240\u6709\u4e1a\u52a1\u7684\u8d44\u91d1\u7ba1\u7406\u548c\u652f\u4ed8\u6d41\u7a0b\u7684\u4e2d\u5fc3\u5e73\u53f0\uff0c\u6ee1\u8db3\u4e2d\u56fd\u4e1a\u52a1\u7684\u7279\u6b8a\u9700\u8981\u3002\u76ee\u524d\uff0c\u8fd9\u5957\u7cfb\u7edf\u5df2\u521d\u6b65\u5b9e\u73b0\u4e86\u91d1\u878d\u4ea4\u6613\u3001\u5185\u90e8\u7ed3\u7b97\u548c\u8d26\u6237\u7ba1\u7406\u7b49\u529f\u80fd\uff0c\u5c06\u5b9e\u73b0\u81ea\u52a8\u8bb0\u8d26\u7b49\u4f1a\u8ba1\u529f\u80fd\u3002<\/p>\n
\u98ce\u9669\u7ba1\u7406\u7684\u201c\u94c1\u5f8b\u201d<\/b><\/p>\n
SFS\u5bf9\u897f\u95e8\u5b50\u96c6\u56e2\u5168\u7403\u7684\u5229\u7387\u98ce\u9669\u3001\u8d27\u5e01\u98ce\u9669\u548c\u6d41\u52a8\u6027\u98ce\u9669\u8fdb\u884c\u7edf\u4e00\u8fd0\u4f5c\u548c\u7ba1\u7406\uff0c\u7531\u98ce\u9669\u7ba1\u7406\u548c\u878d\u8d44\u90e8\u4e0e\u91d1\u878d\u5e02\u573a\u90e8\u4e24\u4e2a\u90e8\u95e8\u5177\u4f53\u8d1f\u8d23\u3002<\/p>\n
\u98ce\u9669\u7ba1\u7406\u548c\u878d\u8d44\u90e8\u7684\u98ce\u9669\u7ba1\u7406\u804c\u80fd\u7c7b\u4f3c\u4e8e\u653f\u7b56\u5236\u5b9a\uff0c\u901a\u8fc7\u6df1\u5165\u5206\u6790\u96c6\u56e2\u8d44\u4ea7\u8d1f\u503a\u8868\u3001\u5c1a\u672a\u5b8c\u6210\u7684\u4ea4\u6613\u5408\u540c\u548c\u672a\u51b3\u4ea4\u6613\uff0c\u4ee5\u53ca\u672a\u67653\u4e2a\u6708\u7684\u9500\u552e\u6216\u4ea4\u6613\u8ba1\u5212\u7b49\uff0c\u8ba1\u7b97\u5916\u6c47\u51c0\u5934\u5bf8\u548c\u8d27\u5e01\u655e\u53e3\uff0c\u5e76\u636e\u6b64\u4e0e\u76f8\u5173\u4f01\u4e1a\u7b7e\u8ba2\u5408\u540c\uff0c\u5e76\u8fdb\u884c\u5e02\u573a\u4ea4\u6613\u7684\u5321\u7b97\u3002\u897f\u95e8\u5b50\u96c6\u56e2\u89c4\u5b9a\u6210\u5458\u516c\u53f8\u98ce\u9669\u655e\u53e3\u7684\u00a075\uff05\u5fc5\u987b\u8fdb\u884c\u907f\u9669\u7ba1\u7406\uff08cover\uff09\uff0c\u655e\u53e3\u4e0d\u5f97\u8d85\u8fc725\uff05\u3002\u4f5c\u4e3a\u897f\u95e8\u5b50\u96c6\u56e2\u5185\u90e8\u552f\u4e00\u53ef\u8fdb\u884c\u5916\u90e8\u907f\u9669\u4e1a\u52a1\u7684\u673a\u6784\uff0cSFS\u00a0\u4e5f\u662f\u6709\u4fdd\u503c\u9700\u6c42\u6210\u5458\u516c\u53f8\u7684\u552f\u4e00\u4ea4\u6613\u5bf9\u624b\uff0cSFS\u53ef\u4ee5\u572824\u5c0f\u65f6\u4e4b\u5185\u968f\u65f6\u4ea4\u6613\uff0c\u6210\u5458\u516c\u53f8\u53ea\u9700\u7535\u8bdd\u901a\u77e5\u5373\u53ef\u3002\u76ee\u524d\uff0c\u7ecf\u5e38\u6709\u907f\u9669\u9700\u6c42\u5e76\u4e0eSFS\u8fdb\u884c\u5bf9\u51b2\u4ea4\u6613\u7684\u8d26\u6237\u6709500\uff5e600\u4e2a\u3002<\/p>\n
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\u4e8c\u662f\u6c47\u7387\u7ba1\u7406\u3002\u5305\u62ec\u5b8f\u89c2\u7ba1\u7406\u548c\u5fae\u89c2\u7ba1\u7406\uff0c\u76ee\u7684\u662f\u901a\u8fc7\u7ba1\u7406\u5168\u740313\u79cd\u4e3b\u8981\u8d27\u5e01\u7684\u5916\u6c47\u8d44\u91d1\uff0c\u5b9e\u73b0\u5916\u6c47\u6536\u76ca\u7684\u6700\u5927\u5316\u3002\u901a\u8fc7\u5206\u6790\u96c6\u56e2\u7684\u503a\u52a1\u7ed3\u6784\u3001\u671f\u9650\u7ed3\u6784\u7b49\uff0c\u8fdb\u884c\u957f\u671f\u63a7\u5236\u548c\u5229\u7387\u7ed3\u6784\u4f18\u5316\u3002\u4e3b\u8981\u8fd0\u7528\u7684\u91d1\u878d\u5de5\u5177\u5305\u62ec\uff1a\u8d27\u5e01\u5373\u671f\uff08spot\uff09\u3001\u8fdc\u671f\uff08forward\uff09\u3001\u6389\u671f\uff08swaps\uff09\u548c\u6bd4\u8f83\u7b80\u5355\u7684\u5927\u4f17\u578b\u671f\u6743\uff08plain\u00a0vanilla\u00a0option\uff09\u7b49\uff1b<\/p>\n
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SFS\u5728\u8d44\u672c\u5e02\u573a\u4e0a\u7684\u4ea4\u6613\u9075\u5faa\u4e25\u683c\u7684\u98ce\u9669\u63a7\u5236\u7a0b\u5e8f\u548c\u7ba1\u7406\u89c4\u5b9a\uff0c\u4e0d\u4ec5\u8981\u5b9e\u884c\u4e25\u683c\u7684\u4ea4\u6613\/\u907f\u9669\u5206\u79bb\u539f\u5219\uff0c\u8fd8\u8981\u6839\u636e\u98ce\u9669\u72b6\u51b5\u914d\u7f6e\u8d44\u672c\u6216\u8d44\u6e90\uff0c\u4ee5\u4fdd\u8bc1\u5168\u7403\u6027\u98ce\u9669\u5747\u53ef\u5f97\u5230\u89c4\u907f\uff08globalcoverage\uff09\u3002\u6b64\u5916\uff0c\u5373\u4f7f\u5728\u4e25\u683c\u9650\u5b9a\u4ea4\u6613\u6761\u4ef6\u3001\u4ea4\u6613\u5bf9\u624b\u548c\u4ea4\u6613\u54c1\u79cd\u7684\u60c5\u51b5\u4e0b\uff0c\u897f\u95e8\u5b50\u96c6\u56e2\u4ecd\u7136\u8981\u6c42SFS\u5fc5\u987b\u53d6\u5f97\u4e0d\u4f4e\u4e8e15%\u7684\u98ce\u9669\u8d44\u672c\u6536\u76ca\u7387\u3002<\/p>\n
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