Research Of Identification And Evaluation Of Small Micro-enterprise Supply Chain Finance Derivative Risk

2014, the State Council held a total of 14 executive meeting, including five times in small and micro enterprises should increase their efforts to help encourage their healthy development, to create a good atmosphere for the growth of small and micro enterprises. Meanwhile, the Ministry of Finance, State Administration of Taxation jointly issued a "further support for small and micro enterprises VAT and business tax policy notice." This can be seen, the state’s emphasis on the development of small and micro enterprises, small and micro enterprises have gradually become an important part of the national economy. However, due to the presence of small and micro enterprises themselves imperfect industrial structure, single capital structure, financial situation is not clear and other internal defects, resulting in small and micro enterprises difficult to obtain bank loans, in order to solve the financing difficulties of small and micro enterprises, the state offers incentives, but only solve for a short while and limited in scope. Based on this, the bank avoid the limitations of small and micro enterprises themselves proposing the supply chain finance products, through the integration of financial products and supply chain to improve small and micro enterprises credit level.Although it is possible to reduce supply chain finance small and micro enterprise financing credit risk through the background of supply chain operations and the collateral core business, but the bank has to face huge financial risk that supply chain model brings. Currently, many scholars had studied the supply chain financial risks, of which the vast majority of scholars studied the supply chain finance credit risk research from different perspectives. Other major scholars studied overall risk of the supply chain finance, involves a wide range, but most of qualitative research, and the concept of risk is not very clear. In view of this, the paper from the perspective of their own supply chain financing model proposed supply chain finance derivatives risks. By analyzing the concept of financial derivatives presented the concept of derived risk, Combined with the experience of the previous research, explore the methods of assessment of supply chain finance derivatives risk. The paper is divided into four parts:The first part describes the theory of supply chain finance and the clarify concepts of supply chain finance. And proposed the concept of supply chain finance derivatives risks from the perspective of supply chain finance model, as well as use of financial derivatives theories quoted the definition and concepts of derivatives risk.The second part analyzes respectively the derivatives risk of supply chain financing model according to the operation of the mechanism of supply chain finance. Then from FTW financing model as an example, to determine the derivatives risk assessment system through the comparative analysis between FTW financing model and traditional financing models.The third part further analyzes to explore the derivatives risk assessment index system on the basis of the analysis of the FTW financing model derived risk. Then build FTW financing derivative risk assessment model, then using fuzzy comprehensive evaluation method combined G1 AHP analysis method to construct derived risk assessment model.The fourth part uses actual cases and combines FTW financing model derived risk assessment system to analysis the risk through the FTW risk financing model derived empirical analysis, to verify the feasibility of derivatives risk assessment model.This paper explores the new research perspective of supply chain financial risks, and comply exploratory research, provide a new concept and boundaries of risk, have a clearer idea to propose risk control measures for banks, also choose micro enterprises to provide more stringent to control for banks.