Reconstruction of Credit Rating Industry In the Big Data Era

Subprime mortgage crisis and the European debt crisis has exposed the problems in the credit rating industry,and the credit rating industry is facing subversive technological and institution revolution in the era of big data.To achieve the reconstruction of the credit rating industry and grasp the future direction of the credit rating industry,a feasible path is through the cooperative development of the credit rating industry and the Internet platform. To achieve the desired result of the game:Internet platform are recommdended to focus on promoting the standardization of credit big data applications;Credit rating agencies should take the initiative to embrace the Internet big data platform;Government should actively coordinate large data privacy protection and utilization.