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Related papers: Synthetic Data Applications in Finance

200 papers

Synthetic data has been advertised as a silver-bullet solution to privacy-preserving data publishing that addresses the shortcomings of traditional anonymisation techniques. The promise is that synthetic data drawn from generative models…

Machine Learning · Computer Science 2022-01-25 Theresa Stadler , Bristena Oprisanu , Carmela Troncoso

The use of statistical software in academia and enterprises has been evolving over the last years. More often than not, students, professors, workers, and users, in general, have all had, at some point, exposure to statistical software.…

Applications · Statistics 2019-08-21 Rui Portocarrero Sarmento , Vera Costa

This paper demonstrates the potential of statistical disclosure control for protecting the data used to train recommender systems. Specifically, we use a synthetic data generation approach to hide specific information in the user-item…

Information Retrieval · Computer Science 2020-08-11 Manel Slokom , Martha Larson , Alan Hanjalic

Strategies that include the generation of synthetic data are beginning to be viable as obtaining real data can be logistically complicated, very expensive or slow. Not only the capture of the data can lead to complications, but also its…

Computer Vision and Pattern Recognition · Computer Science 2022-05-16 Paola Natalia Canas , Juan Diego Ortega , Marcos Nieto , Oihana Otaegui

Synthetic data generation is one approach for sharing individual-level data. However, to meet legislative requirements, it is necessary to demonstrate that the individuals' privacy is adequately protected. There is no consolidated standard…

Machine learning applications are becoming increasingly pervasive in our society. Since these decision-making systems rely on data-driven learning, risk is that they will systematically spread the bias embedded in data. In this paper, we…

Machine Learning · Statistics 2023-02-09 Alessandro Castelnovo , Riccardo Crupi , Nicole Inverardi , Daniele Regoli , Andrea Cosentini

Big data, both in its structured and unstructured formats, have brought in unforeseen challenges in economics and business. How to organize, classify, and then analyze such data to obtain meaningful insights are the ever-going research…

General Economics · Economics 2025-02-04 Viet Trinh

With the rise of the concept of financial technology, financial and technology gradually in-depth integration, scientific and technological means to become financial product innovation, improve financial efficiency and reduce financial…

Computers and Society · Computer Science 2019-01-31 Yi Liu , Jiawen Peng , Zhihao Yu

The idea to generate synthetic data as a tool for broadening access to sensitive microdata has been proposed for the first time three decades ago. While first applications of the idea emerged around the turn of the century, the approach…

Cryptography and Security · Computer Science 2023-04-06 Joerg Drechsler , Anna-Carolina Haensch

The rapid growth in data availability has facilitated research and development, yet not all industries have benefited equally due to legal and privacy constraints. The healthcare sector faces significant challenges in utilizing patient data…

Methodology · Statistics 2025-11-18 Katariina Perkonoja , Kari Auranen , Joni Virta

With an increase in financial accounting fraud in the current economic scenario experienced, financial accounting fraud detection has become an emerging topics of great importance for academics, research and industries. Financial fraud is a…

Other Computer Science · Computer Science 2013-09-05 H. Lookman Sithic , T. Balasubramanian

Exploring generative model training for synthetic tabular data, specifically in sequential contexts such as credit card transaction data, presents significant challenges. This paper addresses these challenges, focusing on attaining both…

Machine Learning · Computer Science 2024-01-03 Din-Yin Hsieh , Chi-Hua Wang , Guang Cheng

Traditional data monetization approaches face challenges related to data protection and logistics. In response, digital data marketplaces have emerged as intermediaries simplifying data transactions. Despite the growing establishment and…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-01-18 Qusai Ramadan , Zeyd Boukhers , Muath AlShaikh , Christoph Lange , Jan Jürjens

Modern evolvements of the technologies have been leading to a profound influence on the financial market. The introduction of constituents like Exchange-Traded Funds, and the wide-use of advanced technologies such as algorithmic trading,…

Statistical Finance · Quantitative Finance 2021-08-20 Liao Zhu

Synthetic data is being used lately for training deep neural networks in computer vision applications such as object detection, object segmentation and 6D object pose estimation. Domain randomization hereby plays an important role in…

Computer Vision and Pattern Recognition · Computer Science 2024-05-13 Parth Rawal , Mrunal Sompura , Wolfgang Hintze

Synthetic medical data which preserves privacy while maintaining utility can be used as an alternative to real medical data, which has privacy costs and resource constraints associated with it. At present, most models focus on generating…

Machine Learning · Computer Science 2019-11-28 Saloni Dash , Ritik Dutta , Isabelle Guyon , Adrien Pavao , Andrew Yale , Kristin P. Bennett

Privacy, data quality, and data sharing concerns pose a key limitation for tabular data applications. While generating synthetic data resembling the original distribution addresses some of these issues, most applications would benefit from…

Machine Learning · Computer Science 2024-06-04 Mark Vero , Mislav Balunović , Martin Vechev

The data revolution in low- and middle-income countries is quickly transforming how companies approach emerging markets. As mobile phones and mobile money proliferate, they generate new streams of data that enable innovation in consumer…

Cryptography and Security · Computer Science 2023-10-10 Joshua E. Blumenstock , Nitin Kohli

Currently statistical and artificial neural network methods dominate in financial data mining. Alternative relational (symbolic) data mining methods have shown their effectiveness in robotics, drug design and other applications.…

Computational Engineering, Finance, and Science · Computer Science 2007-05-23 B. Kovalerchuk , E. Vityaev , H. Yusupov

Exploiting the recent advancements in artificial intelligence, showcased by ChatGPT and DALL-E, in real-world applications necessitates vast, domain-specific, and publicly accessible datasets. Unfortunately, the scarcity of such datasets…

Machine Learning · Computer Science 2023-05-17 Cyril Picard , Jürg Schiffmann , Faez Ahmed