The Design of Word Cloud Rendering Platform and Its Application on Measuring Systematic Financial Risks

Abstract

With the development of the Internet, the amount of daily output data is constantly increasing, and the value contained in the data is increasing as well; Meanwhile, the difficulty of data mining and the complexity of data analysis increases sharply. Developing a new data processing system is in urgent need especially in the macroeconomic field. Word cloud is a trendy way to visualize hot spot. At first, the design of a distributed batch-based website word cloud rendering platform will be explained, combining the processing mode of big data and the traditional web crawler design method to collect all the information of a website and present the data using word cloud. Then, this platform will be used for practice and applied to the measurement of systemic financial risks.