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Data Mining Techniques Applied in the Financial Industry

In: The 19th International Conference on Industrial Engineering and Engineering Management

Author

Listed:
  • Liang Huo

    (Hebei Finance University)

  • Tao Wang

    (Hebei Finance University
    Hebei University)

  • Liu Yang

    (Hebei University)

Abstract

Abstrat Data mining is the use of various techniques to discover knowledge from massive data, it has wide application and prospect. The article detailed introduction summarizes the concept of data mining, methods, and applications. And analysis, summarizes the application of data mining in the financial field, including trend forecasting, customer relationship management, financial crime detection, risk identification and risk management.

Suggested Citation

  • Liang Huo & Tao Wang & Liu Yang, 2013. "Data Mining Techniques Applied in the Financial Industry," Springer Books, in: Ershi Qi & Jiang Shen & Runliang Dou (ed.), The 19th International Conference on Industrial Engineering and Engineering Management, edition 127, chapter 0, pages 1237-1243, Springer.
  • Handle: RePEc:spr:sprchp:978-3-642-38427-1_130
    DOI: 10.1007/978-3-642-38427-1_130
    as

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