Seminar on Computational Learning and Adaptation




Data Mining and Machine Learning in Finance:
the Application of Exchange Rate Forecasting


Folke A. Rauscher
Daimler-Benz Research & Technology
Ulm, Germany



Within the research fields of Machine Learning and Data Mining the development of intelligent and adaptive methods have, among others, led to most exciting applications in finance. These methods for the intelligent analysis of large data sets have emerged from several historically disjoint fields, such as applied statistics, information systems, machine learning, data engineering, artificial intelligence and knowledge discovery in databases. Within the quantitative financial research these emerging technologies become amenable to data-driven modeling as large sets of financial data become available, and therefore "mine-able". In this talk, I first briefly describe the Data Mining and Machine Learning activities at Daimler-Benz Research & Technology in Germany in general. Then I describe the more specific application of intelligent and adaptive methods for exchange rate forecasting in an corporate business environment. Here I discuss neural networks, multi-task learning aspects, decision and regressions trees in the context of, and as applied to, quantitative financial research. Finally, I raise some future research aspects which I would be happy to collaboratively address during my visit at Stanford through March.




Date: Thurs., January 15; Time: 4:15-5:30PM; Place: Gates 100


The goal of this seminar is to increase communication among local researchers with interests in computational approaches to learning and adaptation. If you would like to be added to (or removed from) the mailing list, or if you are interested in giving a talk in the seminar, please send email to iba@isle.org.


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