Internet Financial Impact On The Development Of Traditional Financial Analysis

With the popularization of Internet technology,the new financing model of Internet finance has been widely used.Internet finance has the spirit of "openness,equality,cooperation and sharing",and the Internet companies have maintained the spirit of sustainable development and growth.Based on developing new technologies by these Internet companies,new products have been widely used.Internet financial enterprises have developed a wide range of financial products business,including P2 P loans,Crowd-funding,like Baobaos products,based on the advantage of lowest amount investment,operating easily,it has achieved the inclusive financial,and more people can participate in financial activities.For a long time,the traditional financial industry occupies a pivotal position in the financial market activity,for long time of the existence,kinds of business types,large volume of funds,but also affected the system of complex structure,inadequate staffing,external regulatory environment and other factors,there exist defects in product innovation,system optimization,data processing etc.By testing the effect of Internet financial business of commercial banks in the fourth chapter,comparing the third party payment with bank transferring,settlement and deposit business,the application of internet big data wtih physical network,internet platform effect with the traditional financial industry brand,the network bank loan,crowd-funding with small loans of bank,Internet banking financial products of commercial banks with traditional financial products,by analysis of advantages and disadvantages,concluded that the Internet banking business model,technical means and product experience are better than the conclusions of commercial banks.Then combined with the description that the development of international financial industry,the method that how to transfer to facing the challenge for traditional financial companies,we can see that the only reason caused by increase of the Bank of New York and the Schwab is to provide specialized and differentiated services.The financial industry,the author thinks that the Internet's influence on the traditional financial weakness,disadvantage is attacking the tradition industry business,capital,customer churn,loyalty decline,etc.At the same time,it has implications for the traditional industry too.Forcing traditional industry reform and innovation of all,pay attention to the effectiveness and practicability and the transformation management idea,introduce professionals,professional data research,and the Internet financial enterprise benign competition,seeking common development.