Problemsand Countermeasures of Financial Risk Management based on Big Data Analysis

Zhiyuan Gu1,2

1School ofDevelopment Economics, National Institute of DevelopmentAdministration, Bangkok, 10240, Thailand

2Patten UniversityBusiness School, Oakland, CA 94601, USA

Abstract: The development of financial market is closely related toChina's economic growth. The rapid economic development not only bringsadvanced computer information technology, but also increases the probability offinancial risks. At present, China is gradually entering the era ofcomprehensive big data. Under the background of big data analysis, theoccurrence and management of financial risk also face new challenges.Therefore, it is more necessary to analyze the financial risk managementproblems under the big data analysis, and explore the solutions to thefinancial risk management problems in China, so that the financial risk managementlevel of Chinese enterprises can use big data information technology to geteffective promotion.

Keywords: Big data; Financial risk;Risk management; Financial market