Research On Risk Evaluation Of P2P Network Lending Platform

The financial industry has always been the focus of the government and the people.At the end of the 1960 s,the Internet began to develop slowly.As it gradually penetrated into the financial industry,a new financial model,Internet finance,came into being.P2 P network lending,as one of the important innovative development models of Internet finance,has also flourished in an amazing situation in recent years.It gathers more or less idle funds in the hands of the people and makes reasonable allocations,solves the problem of more borrowers' funds,and broadens the investment channels of a small number of idle fund holders.P2 P network lending has largely compensated for the shortcomings of traditional finance,brought more convenience to the majority of investment and financing people,and made China's financial system more perfect.However,at the beginning of the industry's development,low barriers to entry,inadequate system supervision,and extremely imperfect management systems led to a series of serious problems in the industry(such as the difficulty of investors,the online lending platform was ordered to close down,and Internet lending platform runs,etc.).And these problems have not been solved effectively yet.It is conceivable that this will have an extremely adverse impact on the healthy development of the P2 P network lending industry and the Internet finance industry and the harmonious development of the entire society.Therefore,in order to reduce the impact of risk on the P2 P network lending platform,it is necessary to conduct risk analysis and evaluation,and implement risk management measures in advance to promote the healthy development of the P2 P network lending industry and the entire Internet financial industry.At first,The paper introduces the concept,characteristics,platform operation mode and development status of P2 P network lending,and summarizes the main risks of P2 P network lending platform: legal supervision risk,credit risk,liquidity risk,operational risk,main risk against platform Eleven risk indicators were selected.Then,45 sample platforms were randomly selected on the official website of NetEase,and relevant data were collected based on 11 risk indicators.Then,the principal component analysis of the sample data is carried out,and the comprehensive score is obtained on the basis of dimensionality reduction,and the platform risk is measured by this.Then,based on the K-Means clustering of the platform comprehensive score,45 platforms were divided into three categories: high school,low risk,and the supervised principal component analysis results were used to verify the reliability of the unsupervised principal componentanalysis.Finally,based on the analysis results,constructive suggestions for the risk control of the P2 P network lending platform are put forward,so that the online lending industry can prevent risks and develop health from multiple angles.