Construction of Internet Financial Risk Early Warning Model Based on Data Mining Algorithm

Abstract

Due to the continuous progress of network technology, traditional financial service products are gradually transitioning to digitization, which not only completes the development of traditional financial service products and reasonable risk management, but also helps to improve big data mining technology and relevant technology on the basis of strengthening management, provide innovative business model, and realize the reasonable direction of HP and technology upgrading of financial service products. At the same time, it is fully found that online financial services can give full play to the innovation ability of the platform, reasonably avoid business risks, develop effective investment and financing channels for small and medium-sized enterprises, bring support and protection to the short-term growth process of small and medium-sized enterprises, and enable investors to reduce investment difficulties. In addition, under the influence of the network, the financial service model has distinct characteristics, and the data algorithm continues to promote its stable and sustainable growth.