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Spillover of economic outcomes often arises over multiple networks, and distinguishing their separate roles is important in empirical research. For example, the direction of spillover between two groups (such as banks and industrial sectors…

计量经济学 · 经济学 2022-11-17 Clemens Possnig , Andreea Rotărescu , Kyungchul Song

Most of the research in the recommender systems domain is focused on the optimization of the metrics based on historical data such as Mean Average Precision (MAP) or Recall. However, there is a gap between the research and industry since…

信息检索 · 计算机科学 2022-03-24 Michal Kompan , Peter Gaspar , Jakub Macina , Matus Cimerman , Maria Bielikova

Nyman and Ormerod (2017) show that the machine learning technique of random forests has the potential to give early warning of recessions. Applying the approach to a small set of financial variables and replicating as far as possible a…

综合经济学 · 经济学 2020-01-08 Rickard Nyman , Paul Ormerod

Online leading has disrupted the traditional consumer banking sector with more effective loan processing. Risk prediction and monitoring is critical for the success of the business model. Traditional credit score models fall short in…

风险管理 · 定量金融 2017-07-18 Xiaojiao Yu

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…

机器学习 · 计算机科学 2022-09-21 Swati Tyagi

This study establishes the causal effects of market sentiment on firm profitability, moving beyond traditional correlational analyses. It leverages a causal forest machine learning methodology to control for numerous confounding variables,…

计算金融 · 定量金融 2026-02-23 Krishna Neupane , Prem Sapkota , Ujjwal Prajapati

Performative distribution shift captures the setting where the choice of which ML model is deployed changes the data distribution. For example, a bank which uses the number of open credit lines to determine a customer's risk of default on a…

机器学习 · 计算机科学 2021-02-17 Zachary Izzo , Lexing Ying , James Zou

Effective control of credit risk is a key link in the steady operation of commercial banks. This paper is mainly based on the customer information dataset of a foreign commercial bank in Kaggle, and we use LightGBM algorithm to build a…

机器学习 · 计算机科学 2023-08-21 Yanjie Sun , Zhike Gong , Quan Shi , Lin Chen

It is well known that building analytical performance models in practice is difficult because it requires a considerable degree of proficiency in the underlying mathematics. In this paper, we propose a machine-learning approach to derive…

性能 · 计算机科学 2020-02-26 Giulio Garbi , Emilio Incerto , Mirco Tribastone

This paper brings out the design patterns according to the various services involved in internet banking. The Pattern oriented Software Architecture uses the pattern which eliminates the difficulty of reusability in a particular context.…

软件工程 · 计算机科学 2013-12-10 A. Meiappane , J. Prabavadhi , V. Prasanna Venkatesan

The interconnectedness of financial institutions affects instability and credit crises. To quantify systemic risk we introduce here the PD model, a dynamic model that combines credit risk techniques with a contagion mechanism on the network…

计算金融 · 定量金融 2018-04-10 Daniele Petrone , Vito Latora

The objective of this study is to examine empirically the impact of good corporate governance on financial performance of United Kingdom non-financial listed firms. Agency theory and stewardship theory serve as the bases of a conceptual…

综合金融 · 定量金融 2020-08-12 Martin Kyere , Marcel Ausloos

Use of machine learning to perform database operations, such as indexing, cardinality estimation, and sorting, is shown to provide substantial performance benefits. However, when datasets change and data distribution shifts, empirical…

机器学习 · 计算机科学 2024-11-12 Sepanta Zeighami , Cyrus Shahahbi

Understanding customer lifetime value is key to nurturing long-term customer relationships, however, estimating it is far from straightforward. In the retail banking industry, commonly used approaches rely on simple heuristics and do not…

机器学习 · 计算机科学 2023-04-07 Greig Cowan , Salvatore Mercuri , Raad Khraishi

Building trustworthy, effective, and responsible machine learning systems hinges on understanding how differences in training data and modeling decisions interact to impact predictive performance. In this work, we seek to better understand…

机器学习 · 计算机科学 2022-11-14 Esther Rolf , Ben Packer , Alex Beutel , Fernando Diaz

In this contribution, we exploit machine learning techniques to evaluate whether and how close firms are to becoming successful exporters. First, we train and test various algorithms using financial information on both exporters and…

综合经济学 · 经济学 2024-07-11 Francesca Micocci , Armando Rungi

A system for Operational Risk management based on the computational paradigm of Bayesian Networks is presented. The algorithm allows the construction of a Bayesian Network targeted for each bank using only internal loss data, and takes into…

风险管理 · 定量金融 2012-02-14 V. Aquaro , M. Bardoscia , R. Bellotti , A. Consiglio , F. De Carlo , G. Ferri

Scaling LLMs requires tremendous computational resources, and recent advances in AI have gone hand in hand with massive amounts of capital expenditure. While it is established that scaling up LLMs reliably increases model quality…

机器学习 · 计算机科学 2026-05-19 Sophie Hao , William Merrill

Selecting language models in business contexts requires a careful analysis of the final financial benefits of the investment. However, the emphasis of academia and industry analysis of LLM is solely on performance. This work introduces a…

人工智能 · 计算机科学 2024-05-29 Geraldo Xexéo , Filipe Braida , Marcus Parreiras , Paulo Xavier

In the area of credit risk analytics, current Bankruptcy Prediction Models (BPMs) struggle with (a) the availability of comprehensive and real-world data sets and (b) the presence of extreme class imbalance in the data (i.e., very few…