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Modeling Financial Risk in Telecommunication Field
- Source :
- Наукові вісті Національного технічного університету України "Київський політехнічний інститут", Iss 5, Pp 51-58 (2017)
- Publication Year :
- 2017
- Publisher :
- Kyiv Politechnic Institute, 2017.
-
Abstract
- Background. The telecommunication field in Ukraine is dynamically developing continuously renewing its proposals for the market and consumer requirements. That is why a timely estimation of financial risks and optimization of financial expenses regarding development of new components and possible losses of clients is especially urgent problem today. Objective. The aim of the paper is to suggest an approach for estimation of financial risks and forecasting of the client loss and optimal service time utilization based on intellectual data analysis and behavior models. Methods. To determine the probability of customer loss the neural networks theory, gradient busting, random forest and logistic regression are used. The survival analysis models for possible client transition time to another company are developed. Results. The best model for forecasting the clients intending for transition to another telecommunication company turned out to be the one based on gradient busting. Conclusions. It was shown that timely estimation of financial losses, provoked by possible loss of clients, is an urgent task for intellectual data analysis. A perspective approach for optimization of the company financial resources is determining the time period related to possible loss of clients.
- Subjects :
- Estimation
Financial risks
Actuarial science
Artificial neural network
Service time
business.industry
Financial risk
Logistic regression
General Medicine
lcsh:Chemical technology
Neural network
Field (computer science)
Random forest
Task (project management)
Survival models
Telecommunication company
lcsh:TP1-1185
lcsh:Q
Business
lcsh:Science
Telecommunications
Gradient busting
Subjects
Details
- ISSN :
- 25198890 and 18100546
- Database :
- OpenAIRE
- Journal :
- Research Bulletin of the National Technical University of Ukraine "Kyiv Politechnic Institute"
- Accession number :
- edsair.doi.dedup.....8fb7de93c3a70d93040838200b749f06