Research on Intelligent Financial Decision Support System Based on Data Mining

In the age of big data, the rapid advancement of information technology has markedly transformed the manner in which companies manage their financial affairs. Intelligent financial decision support systems, integrated with data mining techniques, aim to extract valuable insights from vast amounts of data to assist enterprises in making more scientific and efficient financial choices. Through data mining, one can uncover patterns and trends concealed within the data, thereby effectively mitigating risks in decision-making and enhancing investment returns. Particularly in the complex and ever-evolving market environment, intelligent decision support systems demonstrate their unparalleled advantages; they not only excel in efficiency and accuracy in data analysis but also achieve dynamic optimization through continuous learning and updates. The introduction of this technology not only elevates the level of automation in financial management but also propels transformations and innovations in corporate management models, bearing profound implications for enhancing the competitiveness of enterprises.

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Published
2024-10-18
DOI
https://doi.org/10.1145/3708036.3708066
Primary Topic
Big Data and Business Intelligence
Type
article
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article

Research on Intelligent Financial Decision Support System Based on Data Mining

Wenyu Jia
Big Data and Business Intelligence
article

Research on Intelligent Financial Decision Support System Based on Data Mining

Wenyu Jia
article en

Abstract

In the age of big data, the rapid advancement of information technology has markedly transformed the manner in which companies manage their financial affairs. Intelligent financial decision support systems, integrated with data mining techniques, aim to extract valuable insights from vast amounts of data to assist enterprises in making more scientific and efficient financial choices. Through data mining, one can uncover patterns and trends concealed within the data, thereby effectively mitigating risks in decision-making and enhancing investment returns. Particularly in the complex and ever-evolving market environment, intelligent decision support systems demonstrate their unparalleled advantages; they not only excel in efficiency and accuracy in data analysis but also achieve dynamic optimization through continuous learning and updates. The introduction of this technology not only elevates the level of automation in financial management but also propels transformations and innovations in corporate management models, bearing profound implications for enhancing the competitiveness of enterprises.

Shanghai University (CN)
Peace, Justice and strong institutions
Openalex Percentile: Top 59%
Big Data and Business Intelligence
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