Case Study Of Risk Management Of P2P Platform For Paipai Loan

In recent years,with the rapid development ot Internet technology,the "Internet+"thinking has gradually taken root,and Internet finance has emerged.P2P network lending is the product of the development of Internet finance in today’s era.It can effectively combine financial and Internet information technology to provide a platform for those who are short of funds and surplus funds,thus filling the gap in China’s loan market.Compared with foreign developed countries,China’s P2P network loan started late.Since the establishment of the"patting loan" platform in 2007,P2P,a new thing,has gradually appeared in people’s horizons.Since then,the number of platforms has increased rapidly.However,due to the inadequacy of various risk management systems for network lending in China,the risk problems of P2P platforms in its operation have gradually been exposed.This study aims to draw on the existing research results on P2P network lending,combine with P2P network lending risk management theory,and explain the current situation of risk management of P2P platforms in China.By taking China’s representative online lending platform as an example,This paper analyzes the existing problems in risk management of the platform and the reasons for them,so as to provide reference for improving the risk management system of "patting loan",and also puts forward some countermeasures and suggestions for the risk management system of other P2P network loan platforms in China.In the course of the research,this paper adopts the methods of literature analysis,case analysis and inductive deduction to carry on the in-depth analysis to the case platform patting loan.Firstly,by summarizing the basic situation of China’s P2P industry,the paper analyzes the current development status and risk management of China’s online loan industry from the aspects of the Internet loan platform boom index,the number of online loan platforms,and the changing trends.Therefore,the case analysis of this article to make a pad.Next,we analyze the general situation and risk management situation of the patchwork loan platform.It is found that the main problems of the platform in the risk management process are the imperfect information disclosure and automatic bidding system,the lack of review of investors ’sources of funds,the imperfect borrower risk audit mechanism,and the non-compliance of the borrowing interest rate and post-loan collection system.In an in-depth analysis of the problems in risk management of the PTA platform,we found that,The internal reasons for the problems in risk management are the low overall quality of employees,the imperfect internal control measures,and the unreasonable organizational structure of risk management.In addition,the external reasons such as the lack of credit culture and the unclear supervision of P2P industry in China are also the reasons for the problems in risk management.After deeply exploring the case,it is concluded that strengthening the operational risk management and credit risk management are the core issues in risk management of the P2P industry and the entire P2P industry.In addition,the country should also speed up the P2P industry legislation process while improving China’s credit system,so as to protect the healthy and orderly development of the entire P2P industry.