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A Vertical Application Platform for Knowledge‐Based Financial Systems

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  • Jeffrey Damens
  • Paul Sitruk
  • Nancy Martin

Abstract

Implementations of knowledge‐based systems can be divided into two distinct parts: the knowledge base and the underlying control software. The underlying control software implements reasoning mechanisms and manages data required by the knowledge base. We call this underlying control software a ‘vertical application platform‘. The vertical application platform may be re‐used by other knowledge‐based applications which have similar reasoning requirements. This paper studies a knowledge‐based system called Risk Advisorsm which aids in the identification and assessment of audit risks. The knowledge roles and reasoning requirements of the knowledge base, and the architecture and implementation of the vertical application platform which implement the necessary reasoning mechanisms are described. The Risk Advisorsm application platform has in fact been applied with a different knowledge model to other problems in a similar domain.

Suggested Citation

  • Jeffrey Damens & Paul Sitruk & Nancy Martin, 1992. "A Vertical Application Platform for Knowledge‐Based Financial Systems," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 1(3), pages 195-205, September.
    • Handle: RePEc:wly:isacfm:v:1:y:1992:i:3:p:195-205
    DOI: 10.1002/j.1099-1174.1992.tb00021.x
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