Multi-Strategy Enhanced Connected Banking System Optimizer for Global Optimization and Corporate Bankruptcy Forecasting

Metaheuristic optimization algorithms are widely employed to address complex nonlinear and multimodal optimization problems due to their flexibility and strong global search capability. However, the original Connected Banking System Optimizer (CBSO) still exhibits several inherent limitations when handling high-dimensional and highly complex search spaces, including excessive dependence on single global-best guidance, rapid loss of population diversity, weak exploitation ability in later iterations, and inefficient boundary handling. These deficiencies often lead to premature convergence and unstable optimization performance. To overcome these drawbacks, this paper proposes a Multi-Strategy Enhanced Connected Banking System Optimizer (MSECBSO) by systematically enhancing the CBSO framework through multiple complementary mechanisms. First, a multi-elite cooperative guidance strategy is introduced to aggregate information from several high-quality individuals, thereby mitigating search-direction bias and improving population diversity. Second, an embedded differential evolution search strategy is incorporated to strengthen local exploitation accuracy and enhance the ability to escape from local optima. Third, a soft boundary rebound mechanism is designed to replace rigid boundary truncation, improving search stability and preventing boundary aggregation. The proposed MSECBSO is extensively evaluated on the CEC2017 and CEC2022 benchmark suites under different dimensional settings and is statistically compared with nine state-of-the-art metaheuristic algorithms. Experimental results demonstrate that MSECBSO achieves superior convergence accuracy, robustness, and stability across unimodal, multimodal, hybrid, and composition functions. In terms of computational complexity, MSECBSO retains the same order of time complexity as the original CBSO, namely O(N×D×T), while introducing only a marginal increase in constant computational overhead. The space complexity remains O(N×D), indicating good scalability for high-dimensional optimization problems. Furthermore, MSECBSO is applied to corporate bankruptcy forecasting by optimizing the hyperparameters of a K-nearest neighbors (KNN) classifier. The resulting MSECBSO-KNN model achieves higher prediction accuracy and stronger stability than competing optimization-based KNN models, confirming the effectiveness and practical applicability of the proposed algorithm in real-world classification tasks.

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Publication Details

Journal
Mathematics
Published
2026-02-10
DOI
https://doi.org/10.3390/math14040618
Primary Topic
Metaheuristic Optimization Algorithms Research
Type
article
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article

Multi-Strategy Enhanced Connected Banking System Optimizer for Global Optimization and Corporate Bankruptcy Forecasting

Xiao Yang, Yaozhong Zhang
Mathematics
Metaheuristic Optimization Algorithms Research
article

Multi-Strategy Enhanced Connected Banking System Optimizer for Global Optimization and Corporate Bankruptcy Forecasting

Xiao Yang, Yaozhong Zhang
article en

Abstract

Metaheuristic optimization algorithms are widely employed to address complex nonlinear and multimodal optimization problems due to their flexibility and strong global search capability. However, the original Connected Banking System Optimizer (CBSO) still exhibits several inherent limitations when handling high-dimensional and highly complex search spaces, including excessive dependence on single global-best guidance, rapid loss of population diversity, weak exploitation ability in later iterations, and inefficient boundary handling. These deficiencies often lead to premature convergence and unstable optimization performance. To overcome these drawbacks, this paper proposes a Multi-Strategy Enhanced Connected Banking System Optimizer (MSECBSO) by systematically enhancing the CBSO framework through multiple complementary mechanisms. First, a multi-elite cooperative guidance strategy is introduced to aggregate information from several high-quality individuals, thereby mitigating search-direction bias and improving population diversity. Second, an embedded differential evolution search strategy is incorporated to strengthen local exploitation accuracy and enhance the ability to escape from local optima. Third, a soft boundary rebound mechanism is designed to replace rigid boundary truncation, improving search stability and preventing boundary aggregation. The proposed MSECBSO is extensively evaluated on the CEC2017 and CEC2022 benchmark suites under different dimensional settings and is statistically compared with nine state-of-the-art metaheuristic algorithms. Experimental results demonstrate that MSECBSO achieves superior convergence accuracy, robustness, and stability across unimodal, multimodal, hybrid, and composition functions. In terms of computational complexity, MSECBSO retains the same order of time complexity as the original CBSO, namely O(N×D×T), while introducing only a marginal increase in constant computational overhead. The space complexity remains O(N×D), indicating good scalability for high-dimensional optimization problems. Furthermore, MSECBSO is applied to corporate bankruptcy forecasting by optimizing the hyperparameters of a K-nearest neighbors (KNN) classifier. The resulting MSECBSO-KNN model achieves higher prediction accuracy and stronger stability than competing optimization-based KNN models, confirming the effectiveness and practical applicability of the proposed algorithm in real-world classification tasks.

MathematicsVol. 14(4)
Adam Smith Institute (GB), Michigan State University (US)
Openalex Percentile: Top 62%
Metaheuristic Optimization Algorithms Research
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