The Application of Data Mining in Financial Risk Control

Abstract

In recent years, with the continuous development of Chinese financial market, "supply chain finance mode" has expanded a brand new business within Chinese financial market, but "supply chain finance mode" in the process of business management development, there are still some risk factors. Data mining is a new business information processing technology, which is characterized by the extraction, transformation, analysis and other modeling of a large number of business data in the commercial database, and the extraction of key information to assist business decision. This paper mainly analyzes and studies the repayment risk factors in the operation process of dealers, and uses data mining technology to control the risk factors in the operation process of financial enterprises, so as to avoid a series of risk problems in the operation period of financial enterprises.