A New Financial Risk Management Model

Author

Yuezhong, Duan ; Xiguo, Xie ; Yongsheng, Jin ; Che, Cheng

Author_Institution

Econ. & Manage. Sch., Beijing Univ. of Posts & Telecommun., Beijing, China

Volume

3

fYear

2009

fDate

21-22 Nov. 2009

Firstpage

194

Lastpage

197

Abstract

To the problem of the financial risk management, the paper brings forward a new model based on main component analysis method and multi-classes support vector machines. In one hand, the main component analysis method was used to reduce the number of indexes and to improve the efficiency. In the other hand, the multi-classes support vector machines was used to classify the warning accurately. Because the new model can not only improve the efficiency but also improve the precision, it is proved that the new model is a more feasible method than any other methods before.

Keywords

financial data processing; risk management; support vector machines; financial risk management model; main component analysis method; multiclasses support vector machines; Financial management; Forward contracts; Fuel economy; Information technology; Petroleum; Risk analysis; Risk management; Support vector machine classification; Support vector machines; Technology management; financial risk management; main component analysis method; multi-classes SVM;

fLanguage

English

Publisher

ieee

Conference_Titel

Intelligent Information Technology Application, 2009. IITA 2009. Third International Symposium on

Conference_Location

Nanchang

Print_ISBN

978-0-7695-3859-4

Type

conf

DOI

10.1109/IITA.2009.140

Filename

5369478