NDLI: SEMANTIC WEB TECHNOLOGIES FOR THE FINANCIAL DOMAIN 3 2 . SEMANTIC TECHNOLOGIES FOR ECONOMIC AND FINANCIAL INFORMATION MANAGEMENT 2 . 1 Description

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SEMANTIC WEB TECHNOLOGIES FOR THE FINANCIAL DOMAIN 3 2 . SEMANTIC TECHNOLOGIES FOR ECONOMIC AND FINANCIAL INFORMATION MANAGEMENT 2 . 1 Description

Content Provider	Semantic Scholar
Author	Lara, Rubén Cantador, Iván Castells, Pablo
Copyright Year	2008
Abstract	Data, information and knowledge management are key activities in modern economies, and considerable efforts and resources are devoted to them by organisations world-wide. An optimal handling of information assets is especially critical in the financial field, a conceptually rich domain where information is complex, huge in volume, and a highly valuable business product by itself, and where the exchange and integration of information for its posterior analysis is a key task for financial analysts. The volume, complexity and value of economic and financial information make finance a strategic area for research and innovation on information modelling, exchange and integration and, consequently, there is an increasing interest in evaluating what semantic technologies can contribute to this domain. In this chapter, we present two applications of semantic technologies to the financial domain, namely: a) the management of economic and financial information, and b) the building of explicit information models for the exchange of information in the investment funds market, comparing the use of XBRL and the use of semantic languages such as OWL. With the description and analysis of these applications, we shall attempt to illustrate and analyse the possibilities for exploiting semantic technologies in the financial domain, the achieved and expected benefits therein, and the problems and obstacles to be overcome in
File Format	PDF HTM / HTML
Alternate Webpage(s)	http://arantxa.ii.uam.es/~cantador/doc/2007/sw-financial07.pdf
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article

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