Title :
Establishment and Implementation of Securities Company Customer Classification Model Based on Clustering Analysis and PCA
Author :
Bin Liu ; Huayong Qiu ; Yizhen Shen
Author_Institution :
Grad. Univ. of Chinese Acad. of Sci., Ind. Securities Stock Ltd. Co., Fuzhou, China
Abstract :
In the paper, advanced data mining technology is applied to the analysis of customers´ historical exchange data in the customer classification model of securities exchange. The accuracy and effectiveness of the results is remarkably improved. The process involves using data warehouse to achieve the storage of massive customer transaction data, the construction of the fundamental indicator system, the selection of the indicators using PCA and the construction of the customer classification model using K-means clustering algorithm. The application of these technologies significantly improves the accuracy and effectiveness the customer classification indicators, enabling the results closer to the mettle of the customers and basically solving the key points and difficulties in the suitability management.
Keywords :
data mining; data warehouses; pattern classification; pattern clustering; principal component analysis; securities trading; PCA; clustering analysis; customers historical exchange data; data mining technology; data warehouse; k-means clustering algorithm; securities company customer classification model; securities exchange; suitability management; Analytical models; Companies; Data models; Investments; Principal component analysis; Security; K-means clustering algorithm; customer classification model; data mining; principal component analysis PCA; securities;
Conference_Titel :
Control Engineering and Communication Technology (ICCECT), 2012 International Conference on
Conference_Location :
Liaoning
Print_ISBN :
978-1-4673-4499-9
DOI :
10.1109/ICCECT.2012.13