DocumentCode
2988837
Title
Establishment and Implementation of Securities Company Customer Classification Model Based on Clustering Analysis and PCA
Author
Bin Liu ; Huayong Qiu ; Yizhen Shen
Author_Institution
Grad. Univ. of Chinese Acad. of Sci., Ind. Securities Stock Ltd. Co., Fuzhou, China
fYear
2012
fDate
7-9 Dec. 2012
Firstpage
325
Lastpage
329
Abstract
In the paper, advanced data mining technology is applied to the analysis of customers´ historical exchange data in the customer classification model of securities exchange. The accuracy and effectiveness of the results is remarkably improved. The process involves using data warehouse to achieve the storage of massive customer transaction data, the construction of the fundamental indicator system, the selection of the indicators using PCA and the construction of the customer classification model using K-means clustering algorithm. The application of these technologies significantly improves the accuracy and effectiveness the customer classification indicators, enabling the results closer to the mettle of the customers and basically solving the key points and difficulties in the suitability management.
Keywords
data mining; data warehouses; pattern classification; pattern clustering; principal component analysis; securities trading; PCA; clustering analysis; customers historical exchange data; data mining technology; data warehouse; k-means clustering algorithm; securities company customer classification model; securities exchange; suitability management; Analytical models; Companies; Data models; Investments; Principal component analysis; Security; K-means clustering algorithm; customer classification model; data mining; principal component analysis PCA; securities;
fLanguage
English
Publisher
ieee
Conference_Titel
Control Engineering and Communication Technology (ICCECT), 2012 International Conference on
Conference_Location
Liaoning
Print_ISBN
978-1-4673-4499-9
Type
conf
DOI
10.1109/ICCECT.2012.13
Filename
6414094
Link To Document