Review on Financial Forecasting using Neural Network and Data Mining Technique

1
Dr. Mehzabin Shaikh
Dr. Mehzabin Shaikh
2
Prof. Mrs. Gyankamal J. Chhajed
Prof. Mrs. Gyankamal J. Chhajed
1 VPCOE,Baramati/PUNE UUNIVERSITY

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GJCST Volume 12 Issue D11

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The rise of economic globalization and evolution of information technology, financial data are being generated and accumulated at an extraordinary speed. As a result, there has been a critical need for automated approaches to effective and efficient utilization of massive amount of financial data to support companies and individuals in strategic planning and investment decisionmaking. The competitive advantages achieved by data mining include increased revenue, reduced cost, and much improved marketplace responsiveness and awareness. There has been a large body of research and practice focusing on exploring data mining techniques to solve financial problems. This paper describes data mining in the context of financial application from both technical and application perspective by comparing different data mining techniques.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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Dr. Mehzabin Shaikh. 2012. \u201cReview on Financial Forecasting using Neural Network and Data Mining Technique\u201d. Global Journal of Computer Science and Technology - D: Neural & AI GJCST-D Volume 12 (GJCST Volume 12 Issue D11): .

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GJCST Volume 12 Issue D11
Pg. 15- 18
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Crossref Journal DOI 10.17406/gjcst

Print ISSN 0975-4350

e-ISSN 0975-4172

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September 15, 2012

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English

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The rise of economic globalization and evolution of information technology, financial data are being generated and accumulated at an extraordinary speed. As a result, there has been a critical need for automated approaches to effective and efficient utilization of massive amount of financial data to support companies and individuals in strategic planning and investment decisionmaking. The competitive advantages achieved by data mining include increased revenue, reduced cost, and much improved marketplace responsiveness and awareness. There has been a large body of research and practice focusing on exploring data mining techniques to solve financial problems. This paper describes data mining in the context of financial application from both technical and application perspective by comparing different data mining techniques.

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Review on Financial Forecasting using Neural Network and Data Mining Technique

Dr. Mehzabin Shaikh
Dr. Mehzabin Shaikh VPCOE,Baramati/PUNE UUNIVERSITY
Prof. Mrs. Gyankamal J. Chhajed
Prof. Mrs. Gyankamal J. Chhajed

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