Research On The Impact Of Internet Finance On Traditional Finance And Its Development Countermeasures

In the era of rapid improvement of information technology and science and technology,Internet finance emerged in line with the trend.Compared with the traditional financial field,Internet finance has advantages of low entry threshold,large popularity,fast update speed and low operating cost.The appearance of yu 'ebao as a representative of Internet financial products is highlighted by its high yield,which is attractive to many small and medium-sized investors.As a result,the Internet financial services products undoubtedly larger influence on traditional bank financing products,further study of the Internet financial services products and traditional financial products represented by bank,the relationship between the impact effect of bank financial products and Internet products has very important significance.At the same time,the study on the risks faced by Internet finance itself is another research point of great significance to investors' investment.This article first carding on Internet financial research results at home and abroad,of the Internet financial and financial risks related to Internet elaborates the definition,types and so on,found that the current domestic scholars about the impacts of the Internet financial products to the traditional financial and risk early warning research is still less.Secondly,the development status of Internet financial products is explained.Then,the relationship between Internet financial products and traditional banking financial products is analyzed theoretically.By steinberg,game model,from the condition of complete information and incomplete information conditions,the analysis of the Internet financial services products and the relationship between the bank financial products,and puts forward three research hypotheses.Balance treasure,for example,collect the relevant data,using VAR model,impulse response function and variance decomposition method research the Internet financial impact to the traditional bank effect,three hypothesis validation game model.At the same time,according to the theoretical analysis and empirical conclusions,the paper expounds the existing problems in the development of the Internet financial,risk issues on its earnings by using garch-m and E-GARCH model to balance treasure yield risk early warning research,and put forward the corresponding Suggestions.Through this study,it can be seen that the entry of Internet finance will have an impact on the market,so it will also have a positive or negative impact on traditional financial institutions.With the passage of time,after the entry of Internet finance into the market,the impact of its own volatility on the market has been gradually reduced.The implementation of Internet finance has a high risk,and the rate of return changes frequently.Along with the market stability,the rate of return tends to be stable.