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With the European Union's Artificial Intelligence Act taking effect on 1 August 2024, high-risk AI applications must adhere to stringent transparency and fairness standards. This paper addresses a crucial question: how can we scientifically…

Applications · Statistics 2024-09-09 Shiqi Fang , Zexun Chen , Jake Ansell

Predictive process monitoring has recently gained traction in academia and is maturing also in companies. However, with the growing body of research, it might be daunting for companies to navigate in this domain in order to find, provided…

Artificial Intelligence · Computer Science 2025-07-22 Chiara Di Francescomarino , Chiara Ghidini , Fabrizio Maria Maggi , Fredrik Milani

Financial forecasting plays an important role in making informed decisions for financial stakeholders, specifically in the stock exchange market. In a traditional setting, investors commonly rely on the equity research department for…

Statistical Finance · Quantitative Finance 2024-07-23 Sahar Arshad , Seemab Latif , Ahmad Salman , Rabia Latif

We build a state-of-the-art dynamic model of private asset allocation that considers five key features of private asset markets: (1) the illiquid nature of private assets, (2) timing lags between capital commitments, capital calls, and…

Portfolio Management · Quantitative Finance 2025-03-04 Hui Chen , Giovanni Gambarotta , Simon Scheidegger , Yu Xu

This paper introduces a novel stochastic control framework to enhance the capabilities of automated investment managers, or robo-advisors, by accurately inferring clients' investment preferences from past activities. Our approach leverages…

Optimization and Control · Mathematics 2024-06-05 Haoyang Cao , Zhengqi Wu , Renyuan Xu

This paper examines two different yet related questions related to explainable AI (XAI) practices. Machine learning (ML) is increasingly important in financial services, such as pre-approval, credit underwriting, investments, and various…

Machine Learning · Computer Science 2022-09-21 Swati Tyagi

There are inefficiencies in financial markets, with unexploited patterns in price, volume, and cross-sectional relationships. While many approaches use large-scale transformers, we take a domain-focused path: feed-forward and recurrent…

Portfolio Management · Quantitative Finance 2025-10-15 Sid Ghatak , Arman Khaledian , Navid Parvini , Nariman Khaledian

In the face of global economic uncertainty, financial auditing has become essential for regulatory compliance and risk mitigation. Traditional manual auditing methods are increasingly limited by large data volumes, complex business…

Risk Management · Quantitative Finance 2026-01-09 Tingyu Yuan , Xi Zhang , Xuanjing Chen

We first estimate the average growth of a company's annual income and its variance by using both real company data and a numerical model which we already introduced a couple of years ago. Investment strategies expecting for income growth is…

Statistical Mechanics · Physics 2008-12-10 Takayuki Mizuno , Shoko Kurihara , Misako Takayasu , Hideki Takayasu

In this work, we provide an industry research view for approaching the design, deployment, and operation of trustworthy Artificial Intelligence (AI) inference systems. Such systems provide customers with timely, informed, and customized…

Internet of Things Driven Data Analytics (IoT-DA) has the potential to excel data-driven operationalisation of smart environments. However, limited research exists on how IoT-DA applications are designed, implemented, operationalised, and…

Machine learning driven trading strategies have garnered a lot of interest over the past few years. There is, however, limited consensus on the ideal approach for the development of such trading strategies. Further, most literature has…

Artificial Intelligence · Computer Science 2022-03-25 Prasang Gupta , Shaz Hoda , Anand Rao

The growth in AI is rapidly transforming the structure of economic production. However, very little is known about how within-AI specialization may relate to broad-based economic diversification. This paper provides a data-driven framework…

Metadata are like the steam engine of the 21st century, driving businesses and offer multiple enhancements. Nevertheless, many companies are unaware that these data can be used efficiently to improve their own operation. This is where the…

Information Retrieval · Computer Science 2021-08-17 Peter Hillmann , Erik Heiland , Andreas Karcher

With the investment landscape becoming more competitive, efficiently scaling deal sourcing and improving deal insights have become a dominant strategy for funds. While funds are already spending significant efforts on these two tasks, they…

General Finance · Quantitative Finance 2023-11-14 Mohammad Rasouli , Ravi Chiruvolu , Ali Risheh

Traditionally, assets are selected for inclusion in a portfolio (long or short) by human analysts. Teams of human portfolio managers (PMs) seek to weigh and balance these securities using optimisation methods and other portfolio…

Portfolio Management · Quantitative Finance 2024-04-18 Alicia Vidler

Stock return predictability is an important research theme as it reflects our economic and social organization, and significant efforts are made to explain the dynamism therein. Statistics of strong explanative power, called "factor" have…

Statistical Finance · Quantitative Finance 2020-11-26 Kei Nakagawa , Masaya Abe , Junpei Komiyama

Process analytics approaches allow organizations to support the practice of Business Process Management and continuous improvement by leveraging all process-related data to extract knowledge, improve process performance and support…

Other Computer Science · Computer Science 2025-02-25 Asjad Khan , Aditya Ghose , Hoa Dam , Arsal Syed

Artificial Intelligence (AI) and Machine Learning have enormous potential to transform businesses and disrupt entire industry sectors. However, companies wishing to integrate algorithmic decisions into their face multiple challenges: They…

Computers and Society · Computer Science 2020-09-24 U. Kerzel

Predicting the exit (e.g. bankrupt, acquisition, etc.) of privately held companies is a current and relevant problem for investment firms. The difficulty of the problem stems from the lack of reliable, quantitative and publicly available…

Machine Learning · Computer Science 2019-10-31 Giuseppe Carlo Calafiore , Marisa Hillary Morales , Vittorio Tiozzo , Serge Marquie