OBSERVABILITY OF INFORMATION IN DATABASES - New Spins in Data Warehousing for Credit Risk Management

Stjepan Pavlek, Damir Kalpić

2008

Abstract

In this paper the observability of information in modern databases is investigated. Observable information is the one that is explicitly stored in a database. Unobservable information is information hidden in various coding schemes, transaction streams or free-text-description fields. Nowadays credit risk management tends to employ cutting edge technologies and approaches from the fields of statistics and machine learning for achieving their goals. Often it is forgotten that machine learning schemes can only use completely observable information. The issue is eventually addressed – but instead when using the data it should be addressed during the data warehouse design phase.

Paper Citation

in Harvard Style

Pavlek S. and Kalpić D. (2008). OBSERVABILITY OF INFORMATION IN DATABASES - New Spins in Data Warehousing for Credit Risk Management . In Proceedings of the Third International Conference on Software and Data Technologies - Volume 3: Special Session on Applications in Banking and Finances, (ICSOFT 2008) ISBN 978-989-8111-53-1, pages 361-368. DOI: 10.5220/0001892903610368

in Bibtex Style

@conference{special session on applications in banking and finances08,
author={Stjepan Pavlek and Damir Kalpić},
title={OBSERVABILITY OF INFORMATION IN DATABASES - New Spins in Data Warehousing for Credit Risk Management},
booktitle={Proceedings of the Third International Conference on Software and Data Technologies - Volume 3: Special Session on Applications in Banking and Finances, (ICSOFT 2008)},
year={2008},
pages={361-368},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0001892903610368},
isbn={978-989-8111-53-1},
}

in EndNote Style

TY - CONF
JO - Proceedings of the Third International Conference on Software and Data Technologies - Volume 3: Special Session on Applications in Banking and Finances, (ICSOFT 2008)
TI - OBSERVABILITY OF INFORMATION IN DATABASES - New Spins in Data Warehousing for Credit Risk Management
SN - 978-989-8111-53-1
AU - Pavlek S.
AU - Kalpić D.
PY - 2008
SP - 361
EP - 368
DO - 10.5220/0001892903610368