Risk Management Of P2P Platforms

As an innovative Internet financial service model,P2P(Peer-to-Peer)network lending platforms has achieved rapid development in China once since 2007,which has promoted the development of inclusive finance to some extent.However,in the development process of P2 P,various problems such as the misalignment of the platforms‘ role,frequent borrowing risks,and even thunderstorms and runaways have also appeared.At present,under the strict supervision strategy of,the industry has entered a period of transition and withdrawal.This article studies the risk measurement model of the P2 P platforms under the transition and withdrawal period.For the platforms,by paying close attention to various operating indicators and bringing in a quantitative model,it is possible to observe their risk changing trend and provide early warning of risk thresholds to avoid incidents occurring during the process of transition or withdrawal from the market;for fund lenders,basic information can be searched through a measurement model before investment,and potential risks can be identified initially to avoid investment failure and capital loss;for regulators,through quantitative measurement models,platforms' risk can be discovered in advance,and be monitored in time.Thus,reasonable guidance and orderly withdrawal can be achieved through the quantitative model.This article is divided into six chapters.The first chapter is the introduction of this article.It mainly introduces the research background,the overall thinking framework,and the innovation and deficiencies of the research.The second chapter reviews the domestic and foreign literature on the online lending industry and clarify the focus of this study.The third chapter discusses the development process of the online lending industry,the experience of foreign platforms development,and the trend of Chinese platforms under the new regulations.The fourth chapter makes a detailed analysis of various risks in the online lending industry,and establishes an index system of risk measurement models.In chapter 5,the Logistic risk measurement model is used to conduct an empirical test and analysis on the sample platforms,and finally identifies and predict risky platforms and safe platforms.The sixth chapter is the conclusions and recommendations of this paper.The main conclusions of this paper through the above studies include: Firstly,the current Chinese P2 P online lending platforms are facing multiple internal and external risks.Among them,the degree of fund concentration of the platform and the credit risk of the platform have a significant impact on whether it will develop into a problemed platform.Secondly,the various risks faced by the current platform can be provided with a certain degree of early warning and targeted management control through the establishment of a risk measurement model.Thirdly,based on the conclusions of the empirical model,this article puts forward relevant research conclusions and recommendations for industry risk management and orderly withdrawal in the transition and withdrawal period.