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arXiv research

A locally-built, LLM-digested index of recent arXiv papers in quant finance, geometry/topology, and statistical ML — keyword search served straight from SQLite on this machine.

168,695 papers · 148 categories

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48 results for business process mining

New method improves prediction accuracy in business process mining by handling concept drift.

problem Improving prediction quality in business process mining affected by concept drift.
method Systematically analyzed and compared different data selection strategies for retraining machine learning models.
result Improved accuracy from 0.5400 to 0.7010 with concept drift handling.

Graph neural networks detect anomalies in object-centric business processes.

problem Detecting anomalies in graph-like business processes.
method Graph convolutional autoencoder architecture for anomaly detection.
result Promising performance in detecting anomalies at the activity type and attributes level.

Study proposes a novel local explanation method for deep learning classifiers in process mining.

problem Lack of interpretability in deep learning models for process mining.
method Defines local regions using latent space representations and visualizes explanations.
result Deep learning classifier achieves high performance and local explanations increase user trust.

The aim of process discovery, originating from the area of process mining, is to discover a process model based on business process execution data. A majority of process discovery techniques relies on an event log as an input. An event log is a static source of historical data capturing the execution of a business proc…

2017-04-25abs ↗pdf ↗

Automated process discovery is a class of process mining methods that allow analysts to extract business process models from event logs. Traditional process discovery methods extract process models from a snapshot of an event log stored in its entirety. In some scenarios, however, events keep coming with a high arrival…

2018-04-08abs ↗pdf ↗

Process Mining consists of techniques where logs created by operative systems are transformed into process models. In process mining tools it is often desired to be able to classify ongoing process instances, e.g., to predict how long the process will still require to complete, or to classify process instances to diffe…

2018-09-16abs ↗pdf ↗

This study designs a financial risk control platform using big data and machine learning.

problem Traditional risk management models are inadequate for modern financial complexities.
method Big data mining, real-time streaming data processing, statistical analysis, and precise customer behavior mining.
result The platform effectively identifies and responds to potential risks in real-time.

The workflow of data scientists normally involves potentially inefficient processes such as data mining, feature engineering and model selection. Recent research has focused on automating this workflow, partly or in its entirety, to improve productivity. We choose the former approach and in this paper share our experie…

2018-02-12abs ↗pdf ↗

Development of efficient business process models and determination of their characteristic properties are subject of intense interdisciplinary research. Here, we consider a business process model as a directed graph. Its nodes correspond to the units identified by the modeler and the link direction indicates the causal…

2010-09-14abs ↗pdf ↗

Predicting business process behaviour is an important aspect of business process management. Motivated by research in natural language processing, this paper describes an application of deep learning with recurrent neural networks to the problem of predicting the next event in a business process. This is both a novel m…

2016-12-14abs ↗pdf ↗

Study evaluates sustainability of European banks using a new model.

problem Lack of a framework to evaluate sustainability of banking business models.
method Delphi-Analytic Hierarchy Process method to develop and assess the model.
result Norwegian and German banks have higher sustainability of their business models.

This paper studies business cycle patterns in UK sectoral output. It analyzes the distinction between white noise processes and their non-white noise counterparts in the frequency domain and further examines the associated features and patterns for the process where white noise conditions are violated. The characterist…

2010-01-26abs ↗pdf ↗

Paper proposes a new method for learning business process representations.

problem Challenges in capturing all useful information in business process data.
method Combines Gramian Angular Fields and Convolutional Neural Networks for representation learning.
result Demonstrates effectiveness of the approach through visualization and multiple process prediction tasks.

Nowadays, financial data analysis is becoming increasingly important in the business market. As companies collect more and more data from daily operations, they expect to extract useful knowledge from existing collected data to help make reasonable decisions for new customer requests, e.g. user credit category, confide…

2016-09-04abs ↗pdf ↗

Machine learning competitions such as those organized by Kaggle or KDD represent a useful benchmark for data science research. In this work, we present our winning solution to the Game Data Mining competition hosted at the 2017 IEEE Conference on Computational Intelligence and Games (CIG 2017). The contest consisted of…

2019-01-16abs ↗pdf ↗

The paper analyzes market risk factors for a mining company using a VAR model with stable distribution.

problem Understanding mid- and long-term dynamics of market risk factors for a mining company.
method Two-dimensional vector autoregressive (VAR) model with α-stable distribution, identifying two regimes.
result Derives dynamics of copper price in PLN, crucial for company risk exposure.

Process mining is a research field focused on the analysis of event data with the aim of extracting insights in processes. Applying process mining techniques on data from smart home environments has the potential to provide valuable insights in (un)healthy habits and to contribute to ambient assisted living solutions. …

2016-09-12abs ↗pdf ↗

This study uses ARM to analyze pedestrian crashes under different lighting conditions.

problem Identifying crash risk factors under varying lighting conditions.
method Applied Association Rules Mining to Louisiana pedestrian crash data.
result Daylight crashes are associated with children, seniors, and older drivers.

Generative AI agents improve ERP systems by automating complex financial tasks.

problem Static, rule-based workflows limit adaptability and intelligence in ERP systems.
method Introducing Generative Business Process AI Agents (GBPAs) that integrate generative AI with business process modeling and multi-agent orchestration.
result GBPAs achieve up to 40% reduction in processing time and 94% drop in error rate.

OMBA learns product and user representations for better online market basket analysis.

problem Limited ability to uncover rarely occurring and temporal associations in MBA.
method Jointly learns product and user representations, captures temporal dynamics, scalable online method.
result OMBA outperforms state-of-the-art methods by 21% on real-world datasets.

Bayesian model uses mobile data to assess business resilience after hurricanes.

problem Evaluating economic impact of extreme shocks on businesses.
method Bayesian structural time series model with mobile phone data.
result Estimates business resilience after hurricanes, revealing key characteristics.

Regulatory compliance is an organization's adherence to laws, regulations, guidelines and specifications relevant to its business. Compliance officers responsible for maintaining adherence constantly struggle to keep up with the large amount of changes in regulatory requirements. Keeping up with the changes entail two …

2019-08-20abs ↗pdf ↗

Study improves document processing in banking with multimodal analytics.

problem Raising operational efficiency in banking through document-intensive processes.
method Comparative analysis of text classifiers and multimodal model (LayoutXLM) on company register extracts.
result Incorporating layout information in a model substantially increases performance.

The paper analyzes optimal dividend strategies for risky businesses, considering both periodic and extraordinary payments.

problem Maximizing dividends paid until ruin, net of transaction costs.
method Modeling cash surplus as Brownian motion, considering different types of dividends with transaction costs.
result Optimal strategies depend on business profitability and transaction costs, sometimes including liquidation.