Title :
Screening financial innovations: an expert system approach
Author :
Ram, Sudha ; Ram, Sundaresan
Author_Institution :
Arizona Univ., Tucson, AZ, USA
Abstract :
An expert system, called Innovator, that helps a financial-service organization (FSO) evaluate new products it does not currently offer is described. Innovator was implemented using a rule-based expert system shell called Expert System Environment. The authors examine why FSOs need expert systems for screening financial innovations. The knowledge-representation and implementation details, and the system validation process are described. Innovator´s benefits and continuing research are discussed.<>
Keywords :
expert systems; financial data processing; Expert System Environment; Innovator; expert system approach; financial-service organization; knowledge-representation; rule-based; Commercialization; Decision making; Expert systems; Government; Innovation management; Investments; Mutual funds; Organizational aspects; Resource management; Technological innovation;
Journal_Title :
IEEE Expert
