Problems And Solutions Of China’s Credit Rating Industry Under The Background Of Big Data

Abstract

Abstract Customer credit rating adopts scientific methods and standardized procedures to investigate, analyze, evaluate, measure and review the ability of rating objects. The objective of the system is to fulfill corresponding economic commitments. Today, big data enriches the data source of credit data that surpasses that of traditional financial data. This paper starts with the concept of enterprise credit rating system, through the understanding of credit rating system and the combination with big data, to understand the existing problems and the causes of the current credit rating system in China.