Most marketers
understand the value of collecting financial data, but also the challenge to get
leverage this knowledge to make bright, proactive pathways to create for the
customer. Data mining - technology and techniques for identifying and tracking
trends in the data - helps businesses sift through layers of seemingly
unrelated data meaningful relationships where they can anticipate, rather than
simply responding to the needs of customers and financial need. In this
accessible primer provides an overview of business and technology of data
mining and describes how, with its business processes and complementary
technologies Excel
Data Analysis can buttress and redefine the
financial analysis.
Intention:
1.
The main objective of examination techniques to examine how custom tools for
data mining should be urbanized for the analysis of financial data.
2.
Operating mode, depending on the object classes as needed for financial
analysis.
3.
Developing a tool for financial analysis through data mining techniques.
Data mining:
Data
mining is the method of mining or knowledge of the vast quantity of data or we
can say that data mining is knowledge for data exploration "or we can say for
that reason. databases (KDD) Medium data mining is as follows: collecting data,
creating databases, data management, data analysis and understanding.
There
are a number of steps in the process of knowledge discovery in databases, such
as
1.
Data cleaning. (To the nose and inconsistent data to remove)
2.
Data integration. (If multiple data sources can be combined.)
3.
Data selection. (If the data relevant to the task of the analysis are extracted
from the database.)
4.
Data transformation. (When the data are transformed or consolidated into forms
appropriate for mining by performing summary or aggregation operations, for
example)
5.
Data mining. (An essential process where intelligent methods are used to take
out data models.)
6.
Valuation. (For the really interesting patterns that knowledge based on capacity
of interest can be identified.)
Data Warehouse:
A
information warehouse is a storehouse of information gathered from multiple sources,
stored in a joint and who ordinarily resides in a single site.
Text:
Most banks and financial institutions offer a range of banking services such as
checking, savings, businesses and operations of individual customers, credit
and investment such as mutual funds, etc. Some also offer services to insurance
and equity investments.
Contact Us
Company Name: Excel Business
Address: 140, Broadhurst Gardens London United Kingdom
Post code:NW63AU
Phone:-+44-800-987-65-43
Email:-abhi@excelbusiness.net
WebsiteUrl-http://excelbusiness.net/
