Risk Pricing Approach To Loans In Ticket First Then Goods Normalized Model Of Internet Supply Chain Finance

Chinais in the economic transformation phrase,how to build an innovative financing modelwhichmatchswith the SMEs’ business risk and does solvethe “financingdifficulties problems”and“High financing costs problems”faced by SMEsin the case of controllable riskis an important issue the banks mustdeal withon the way to creating new business model.Lately thedevelopment of traditional credit model has encountered bottlenecks because of thecredit rationing system,so does the development of Supply Chain Finance modebecause of the information collaboration and other issues.Thus,the InternetSupply Chain Finance generated.Now this model has become a "BlueOcean Market" in cross-industry and cross-border model innovation,and howto establish financing rate pricing model in which benefits can match withrisks is the key to its organization and implementation.Ticket first then goods normalized model is one of the Internet Supply Chain Financemodes.In this paper,selectingthe financing mode as the object,the thesis aim to discuss the pricing of its financing risk rate.Therefore,the thesis analyze ticket first then goodsnormalized model of the Internet Supply ChainFinance from the perspective of the whole life cycle of the transaction,inorder to find the service network,the transaction chain and risk point of themodel.Onthis basisthe thesis will identify the financing risks of the financing model,andfind out those risks’ main characteristics by comparing with those of the Supply Chain Financial model.The financing model has the characteristics of transactingonline and controllablerisk.According to these characteristics,the thesis can sort out the risk process control system in the organizational management of this model,and explore the meaning,the control object and reliability and validity factors in risk process control system.When the thesis evaluate financing risks of the model,the thesis build bank’s risk loss determined by main risk model,and the key indicators pledge degree of control and capital return rate are introduced into the model,in order to consider the results of process control technology in the risk assessment.Inorder to increase the feasibility and enhance the degree of actual close,The thesis take some simplified method and establish a set of assumptions: defaultaccident of finance companies is in accordance with a Poisson process,and defaultintensity obeys the limited space of homogeneous Markov process.The thesis comprehensively analyze the distribution of the bank’s risk of loss in the financing process,and build anticipatory breach of contract losses and economic capital measurement model in single financing transactions.Based on RAROC pricing method,the thesis establish a pricing model in Ticket first then goods financing model of the Internet’s supply chain finance in which benefits can match with risks.And then the thesis build a dynamic pricing model of financing risk,under the consideration of the reputation’s pricing nature.To verify the feasibility and scientific of the built pricing model,the thesisuse Monte Carlo method to simulate the model with matlab,and the example analysis results verify the significance of the model.