A Comparative Analysis Of The Risks In Network Financing Service Between ICBC & Ant Financial Service Company

With the rapid development of the Internet technology,the Internet Finance grows robustly,too.As one of the business modes of the Internet Finance,the network-financing,which integrates the Internet technology and the small-sum loans,has provided the small and micro enterprises an easy access to cheap loans.The network-financing can be roughly divided into three modes---peer to peer,funding and B2 C platform financing.Among the prevalent three business modes,the B2 C platform financing enjoys the fastest growth.The top one performer in the B2 C platform financing field is Ant Financial Service Company,which is a subsidiary of Alibaba group.Based on the Alibaba e-commerce platform,Ant Financial Service Company has accumulated a great number of big data,and built a sound rating system,offering the network financial service to the T-mall and Taobao shop owners as well as the individual consumers.As challenged by the internet finance,the traditional banks try to utilize the internet technology,too.Based on the on-line banking service,they try hard to transform their traditional business mode to found the network financing center,with the hope to compete effectively with their internet financing rivals.This thesis focuses on the network financing service.It carefully chooses two typical representatives from the traditional banks and the internet companies---ICBC and Ant Financial Service Company and makes a sound comparison between their risk management in their network financing service.At the very beginning of the thesis,the author gives a brief review of the previous research,carried out by other famous scholars,about the lending risks and the network financing.In the second part of the thesis,the author introduces the main business modes and the current achievements of the network financing business in ICBC and Ant Financial Service Company.The third part of the thesis deals with the common risks in the network financing service of ICBC and Ant Financial Service Company.The following part of the thesis focuses on the unique risks of the network financing business in the Ant Financial Service Company.On the basis of the previous analysis,in the fifth and sixth parts of the thesis,the author puts forward the tactics which the traditional banks and the internet financing companies should adopt so as to improve their risk management correspondingly.