scholarly journals A Machine Learning Pipeline for Forecasting Time Series in the Banking Sector

Economies ◽  
2021 ◽  
Vol 9 (4) ◽  
pp. 205
Author(s):  
Olga Gorodetskaya ◽  
Yana Gobareva ◽  
Mikhail Koroteev

The problem of forecasting time series is very widely debated. In recent years, machine learning algorithms have been very prolific in this area. This paper describes a systematic approach to building a machine learning predictive model for solving optimization problems in the banking sector. A literature analysis on applying such methods in this particular area is presented. As a direct result of the described research, a universal scenario for forecasting various non-stationary time series in automatic mode was developed. The developed scenario for solving specific banking tasks to improve business efficiency, including optimizing demand for ATMs, forecasting the load on the call center and cash center, is considered. A machine learning methodology in economics that can yield robust and reproducible results and can be reused in solving other similar tasks is described. The methodology described in the article was tested on three cases and showed the ability to generate models that are superior in accuracy to similar predictive models described in the literature by at least three percentage points. This article will be helpful to specialists dealing with the problem of forecasting economic time series and students and researchers due to a large number of links to systematic literature reviews on this topic.

2021 ◽  
Vol 13 (3) ◽  
pp. 67
Author(s):  
Eric Hitimana ◽  
Gaurav Bajpai ◽  
Richard Musabe ◽  
Louis Sibomana ◽  
Jayavel Kayalvizhi

Many countries worldwide face challenges in controlling building incidence prevention measures for fire disasters. The most critical issues are the localization, identification, detection of the room occupant. Internet of Things (IoT) along with machine learning proved the increase of the smartness of the building by providing real-time data acquisition using sensors and actuators for prediction mechanisms. This paper proposes the implementation of an IoT framework to capture indoor environmental parameters for occupancy multivariate time-series data. The application of the Long Short Term Memory (LSTM) Deep Learning algorithm is used to infer the knowledge of the presence of human beings. An experiment is conducted in an office room using multivariate time-series as predictors in the regression forecasting problem. The results obtained demonstrate that with the developed system it is possible to obtain, process, and store environmental information. The information collected was applied to the LSTM algorithm and compared with other machine learning algorithms. The compared algorithms are Support Vector Machine, Naïve Bayes Network, and Multilayer Perceptron Feed-Forward Network. The outcomes based on the parametric calibrations demonstrate that LSTM performs better in the context of the proposed application.


Author(s):  
Gudipally Chandrashakar

In this article, we used historical time series data up to the current day gold price. In this study of predicting gold price, we consider few correlating factors like silver price, copper price, standard, and poor’s 500 value, dollar-rupee exchange rate, Dow Jones Industrial Average Value. Considering the prices of every correlating factor and gold price data where dates ranging from 2008 January to 2021 February. Few algorithms of machine learning are used to analyze the time-series data are Random Forest Regression, Support Vector Regressor, Linear Regressor, ExtraTrees Regressor and Gradient boosting Regression. While seeing the results the Extra Tree Regressor algorithm gives the predicted value of gold prices more accurately.


2017 ◽  
Author(s):  
◽  
Zeshan Peng

With the advancement of machine learning methods, audio sentiment analysis has become an active research area in recent years. For example, business organizations are interested in persuasion tactics from vocal cues and acoustic measures in speech. A typical approach is to find a set of acoustic features from audio data that can indicate or predict a customer's attitude, opinion, or emotion state. For audio signals, acoustic features have been widely used in many machine learning applications, such as music classification, language recognition, emotion recognition, and so on. For emotion recognition, previous work shows that pitch and speech rate features are important features. This thesis work focuses on determining sentiment from call center audio records, each containing a conversation between a sales representative and a customer. The sentiment of an audio record is considered positive if the conversation ended with an appointment being made, and is negative otherwise. In this project, a data processing and machine learning pipeline for this problem has been developed. It consists of three major steps: 1) an audio record is split into segments by speaker turns; 2) acoustic features are extracted from each segment; and 3) classification models are trained on the acoustic features to predict sentiment. Different set of features have been used and different machine learning methods, including classical machine learning algorithms and deep neural networks, have been implemented in the pipeline. In our deep neural network method, the feature vectors of audio segments are stacked in temporal order into a feature matrix, which is fed into deep convolution neural networks as input. Experimental results based on real data shows that acoustic features, such as Mel frequency cepstral coefficients, timbre and Chroma features, are good indicators for sentiment. Temporal information in an audio record can be captured by deep convolutional neural networks for improved prediction accuracy.


2021 ◽  
Vol 118 (40) ◽  
pp. e2026053118
Author(s):  
Miles Cranmer ◽  
Daniel Tamayo ◽  
Hanno Rein ◽  
Peter Battaglia ◽  
Samuel Hadden ◽  
...  

We introduce a Bayesian neural network model that can accurately predict not only if, but also when a compact planetary system with three or more planets will go unstable. Our model, trained directly from short N-body time series of raw orbital elements, is more than two orders of magnitude more accurate at predicting instability times than analytical estimators, while also reducing the bias of existing machine learning algorithms by nearly a factor of three. Despite being trained on compact resonant and near-resonant three-planet configurations, the model demonstrates robust generalization to both nonresonant and higher multiplicity configurations, in the latter case outperforming models fit to that specific set of integrations. The model computes instability estimates up to 105 times faster than a numerical integrator, and unlike previous efforts provides confidence intervals on its predictions. Our inference model is publicly available in the SPOCK (https://github.com/dtamayo/spock) package, with training code open sourced (https://github.com/MilesCranmer/bnn_chaos_model).


InterConf ◽  
2021 ◽  
pp. 393-403
Author(s):  
Olexander Shmatko ◽  
Volodimir Fedorchenko ◽  
Dmytro Prochukhan

Today the banking sector offers its clients many different financial services such as ATM cards, Internet banking, Debit card, and Credit card, which allows attracting a large number of new customers. This article proposes an information system for detecting credit card fraud using a machine learning algorithm. Usually, credit cards are used by the customer around the clock, so the bank's server can track all transactions using machine learning algorithms. It must find or predict fraud detection. The dataset contains characteristics for each transaction and fraudulent transactions need to be classified and detected. For these purposes, the work proposes the use of the Random Forest algorithm.


2021 ◽  
Author(s):  
Alessio Cislaghi ◽  
Paolo Fogliata ◽  
Emanuele Morlotti ◽  
Gian Battista Bischetti

<p>River channels and floodplains have been highly modified over the last 70 years to mitigate flood risk and to gain lands for agricultural activities, settlements and soft infrastructures (e.g., cycle paths). River engineering measures simplified the geomorphologic complexity of river system, usually from braided or wandering channels to highly-confined single-thread channel. Meanwhile, rivers naturally adjust and self-organise the geomorphologic function as response of all the disturbances (e.g., flood events, river-bed degradation, narrowing, control works) altering sediment and water transfer, exacerbating bank erosion processes and streambank failures, and exposing bare sediment that can be subsequently colonized by pioneer species. In this context, river management has to address river dynamics planning sustainable practices with the aim to combine hydraulic safety, river functionality, and ecological/environmental quality. These actions require the detection of river processes by monitoring the geomorphological changes over time, both over the active riverbank and the close floodplains. Thus, remote sensing technology combined with machine learning algorithms offers a viable decision-making instrument (Piégay et al., 2020).</p><p>This study proposes a procedure that consists in applying image segmentation and classification algorithms (i.e., Random Forest and dendrogram-based method) over time-series high resolution RGB-NIR satellite-images, to identify the fluvial forms (bars and islands), the vegetation patches and the active riverbed. The study focuses on three different reaches of Oglio River (Valcamonica, North Italy), representative of the most common geomorphic changes in Alpine rivers.</p><p>The results clearly show the temporal evolution/dynamics of vegetated and non-vegetated bars and islands, as consequence of human and natural disturbances (flood events, riparian vegetation clear-cutting, and bank-protection works). Moreover, the procedure allows to distinguish two stages of riparian vegetation (i.e., pioneer and mature vegetated areas) and to quantify the timing of colonization and growth. Finally, the study proposes a practical application of the described methodology for river managers indicating which river management activity (including timing, intensity and economic costs) is more appropriate and sustainable for each studied reach.</p><p> </p><p>References: Piégay, H., Arnaud, F., Belletti, B., Bertrand, M., Bizzi, S., Carbonneau, P., Dufour, S., Liébault, F., Ruiz‐Villanueva, V. and Slater, L.: Remotely sensed rivers in the Anthropocene: state of the art and prospects, Earth Surf. Process. Landf., 45(1), 157–188, https://doi.org/10.1002/esp.4787, 2020.</p>


2019 ◽  
Vol 24 (3) ◽  
pp. 1789-1801 ◽  
Author(s):  
Jay F. K. Au Yeung ◽  
Zi-kai Wei ◽  
Kit Yan Chan ◽  
Henry Y. K. Lau ◽  
Ka-Fai Cedric Yiu

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