A Framework and Analysis on the Application of Data Mining Technology in Financial Management

Guest Editor Huier Liu (North China University of Water Resources and Electric Power, China)

With the rapid development of information technology, services used grow from a simple business into a comprehensive service used in various aspects of the business and its management. Data mining as a key technology development of information technology, is showing its great commercial value, especially in the financial sector. Financial management is in an urgent need to develop in order to meet rapidly changing marketing concept from "product-oriented" to "customer-oriented." The data mining technology will be an effective tool to assist the successful transformation of the financial industry. In this paper, the key technologies of data mining and its applications in financial management is conducted in-depth with broad application value and market prospects.

Journal: International Journal of Simulation: Systems, Science & Technology, IJSSST V17

Published: Jan 21, 2016

DOI: 10.5013/IJSSST.a.17.03.01