Risk Management Analysis Of P2P Network Lending Platform

With the rapid development of Internet technology,the first peer-to-peer online lending platform of China established in 2007.After 11 years of exploration and operation,it has brought a great degree of convenience to China's economic development,but at the same time,it also brings great uncertainty to China's investment environment.Three years after 2013,China ushered in the stage of barbaric growth in the peer-to-peer network lending industry.In the process,the whole industry was deformed due to various reasons.The platforms that we have seen or heard around,such as the roads,violent thunder,suspension of business,and intervening interventions,are not in the minority.Therefore,the risk research on the online loan industry has become a very meaningful topic,especially from the specific problem platform.Through the deep analysis of risk management in a specific problem platform,it is concluded that the whole industry can be sustainable.This paper summarizes the advanced management experience after learning a lot about the success or failure of the experience of peer-to-peer online lending platforms.To achieve a specific analysis of specific cases.This paper selects the representative Renren Aijia online loan platform under the representative of Hangzhou Kongming Financial Information Service Co.,Ltd.as a specific research object,and carries out various risks in the specific process of operating and managing the platform.This paper first gives a brief introduction to the purpose of this paper,and then combs the relevant concepts and theories of the online loan industry.Secondly,it analyzes the development status of the online loan industry and the status quo of risk management,and obtains the transaction data of the entire online loan industry in recent years through big data,and analyzes the development and risk management of the industry from the data.Then,by introducing the specific causes,processes and results of the event of everyone's home-friendly online lending platform,it is concluded that the platform has serious moral hazard,information asymmetry,lack of Internet supervision and imperfect information disclosure mechanism in the risk management process.Finally,this paper proposes suggestions for improvement in the specific problems existing in the management of everyone's financial platform.In view of the illegal fund-raising fraud on the platform,the national level should further improve the lawsand regulations in the Internet field,especially the law on fund-raising fraud,and increase the crime cost of the platform.In view of the serious moral hazard issues such as platform fictitious project companies and fictitious shareholder information,the industry supervision level should improve the industry entry threshold and establish a self-discipline organization to prevent the occurrence of risks from the source.Secondly,for all fraud problems that arise at the platform level,platform operators should improve their risk awareness,law-abiding awareness and ability to strengthen risk management.Finally,investors who have been deceived in this case should improve their ability to judge risks and raise their awareness of risks.Therefore,the phenomenon of problems on a specific platform,the state,the industry,the platform itself,and the participating entities all contribute.Therefore,in order to prevent such platforms from reappearing,all sides need to work together.