This report uses advanced technology such as big data，artificial intelligence，knowledge maps，according to financial risk logic，from business activities，enterprise expansion，personnel credit，product characteristics，public opinion，publicity and other dimensional investigation，subdivide into three indicators of a total of more than 100 variables，design “smoke index”，through machine learning and experts to jointly empower，grading early warning，differentiated administration. Conduct real-time dynamic monitoring of local financial risks. Practice has proved that the local financial comprehensive supervision system based on the “smoke index” can realize the linkage work of discovering risks，assessing risks，solidifying evidence，judging trends，timely intervention and joint strikes. We need to promote the transformation of financial governance from traditional passive supervision，extensive supervision，sudden response to active supervision，precise supervision and coordinated supervision.