Research On The Risk Precaution Of P2P Online Lending

In recent years,domestic Internet finance has developed rapidly.P2P online lending,crowd funding,third-party payment,Internet funds,Internet credit,Internet insurance,Internet securities,financial data mining and other formats have developed rapidly.Among of them,P2P online lending has developed the most rapidly and has formed the huge market scale,according to Zero financial statistics show that at of the end of November 2017,there are 5,347 cumulative online lending platforms.On the one hand,the development of P2P online lending benefits from the overall underdevelopment of China's financial market,too many financial controls,too many restrictions on investment channels and the "rigid redemption"mentality of financial products,the lower entry threshold of P2P lending and relatively higher investment income just cater to the investment need of most people;on the other hand,there are a large number of borrowers who can not receive the fiance service from Traditional financial credit institution.P2P online lending also promotes the rapid development of financial systems such as inclusive finance,wealth management,credit system,big data risk control,and Internet credit reporting.Due to the lack of supervision in the early stage of P2P online lending,a large number of risk events have occurred.As of April 7,2018,Zero Financial Data shows that there have been problems with 3,849 platforms.At present,only by solving related risk problems and establishing an effective risk prevention system,P2P online lending can be stably developed in the future.In the context of this research,based on the industry analysis of P2P online lending,this paper focuses on policy risk,credit risk,operational risk,market risk,liquidity risk,reputation risk.Based on these risk characteristics,we give solutions to all of the above risks.Reviewing the P2P online lending supervision policy to guide the future direction of compliance operation.Credit risk management focuses on the empirical analysis of the effectiveness of WOE scorecard model decision-making,which is the general trend of Internet financial future risk control.In addition,in order to deepen the understanding of the Internet financial risk prevention system.GiveA case sordy of CreditEase HuiMin platform.Considering the complexity of P2P online lending business,this paper advocates comprehensive risk management.Through our research,the paper concludes that the P2P online lending business is complex and requires comprehensive risk management;the P2P online loan risk management system needs to cover policy risk,credit risk,operational risk,market risk,liquidity risk,reputation risk and other risks.We proactive response to the above risks;based on the multi-dimension,large scale and real time characteristics of online borrowers' credit data,building a big data risk controlling model to conduct risk decision-making is the trend of future risk management;through risk analysis,this paper gives corresponding suggestions of designing of the risk controlling system of P2P online lending.