Risk assessment of Internet credit

Risk assessment of Internet credit

Hubei Vernon Beijing University, Princeton University

Vice chairman of China's large data experts committee, academician of the Chinese Academy of Sciences, Vernon, brought the speech "the risk forecast of Internet finance", from the financial point of view, the two things are the most important, the first is efficiency, money can not be wasted, do not pressure in the home cabinets, the need to use money can be used by people, this is the financial most important goal, Can improve the efficiency of financial operations. Second, as important as this is the risk that the financial system risks the entire economy, such as the financial crisis of the 2008, which is a typical example of the financial system. From these two aspects of Internet finance provides a very good opportunity, internet finance because the introduction of large data, this risk assessment will have a greater impact.

From the perspective of risk assessment has two objectives, the first objective is to assess the repayment, whether there is bad debt, the second goal is to grade users, which I think we can understand. In his speech, Vernon introduced the results of its research: Repayment forecast and user grading model through Internet technology and large data technology.

Risk assessment of Internet credit