Risk Management of Commercial Banks in the Context of Financial Innovation

Abstract

In the context of financial innovation, new financial products emerge one after another. For commercial banks, their risk management coefficient increases. How to evaluate the risk of new products, establish the corresponding system, upgrade the relevant technology and introduce the corresponding policies have become the top issues for commercial banks. In order to solve this big problem, commercial banks and government agencies can cooperate with each other to make use of popular big data systems to visualize risk management, together with the training and input of talents, and the introduction and implementation of government policies, commercial banks' risk management will be further promoted. The compensation measures in the electronic measurement system are also discussed in this paper.