Peer-to-peer Network lending Platform Pat loan issued "Mirror Wind Control System", based on large data to give risk rating

March 25 News, Peer-to-peer Network loan platform Pat Loan yesterday officially released wind control system "Magic mirror Wind Control system."

It is reported that the camera of the release of the Mirror system is based on large data of the wind control model, based on this large data model, magic mirror can be done for each loan to give a corresponding risk rating to reflect the forecast of the overdue rate. Finally, the system based on risk rating to form a risk pricing to ensure that the benefits and risk matching. The risk rating is divided into six grades A to F, and the risk is increased in turn, for example, a-level target delinquency rate less than 0.5%,f level is greater than 8%. From A to F, the higher the risk, the higher the price.

Dr. Guming, director of racket and loan risk, during the display of the mirror system process, emphasized that in the large data modeling link, in addition to the traditional application data, credit data and other audit data, Magic Mirror also added a multi-channel multidimensional data to build a risk model, including the user's credit behavior, network blacklist, related authentication, online behavior data , social relations data, and various third party channels and dimensions.

According to billion power network to understand, Pat Loan since its inception, always adhere to the pure online mode. This model has been challenged by excessive risk and is considered to be suitable for small loans only. Industry insiders believe that "magic mirror Wind Control system" will complement its in the wind control of the short board to enhance its safe operation capacity.

In addition, the relevant person in charge said that the future or will be killed into the credit market, the opening of Third-party credit interface, and even output all kinds of credit products.

Pat Credit has recently completed the C round of financing, June Lian Capital, Chow Tai Fook with investment, a total of 40 million U.S. dollars.