DATA MINING AND APPLICATION OF IT TO CAPITAL MARKETS

Year 2011, Volume: 3 Issue: 2, 57 - 67, 01.12.2011

Cenk Akkaya Ceren Uzar

Abstract

Nowadays with the development of technology importance given to knowledge
increases gradually. Data mining enables to form forecasts and models regarding
future by making use of past data. Any method which helps to discover data can
be used as a data mining method. Enterprises gain important competitive
advantage by data mining methods. Data mining is used in different fields. In
finance field it is a specially used in financial performance applications, guessing
the enterprise bankruptcies and failures, determining transaction manipulation,
determining financial risk management, determining customer profile and depth
management. It can be costly, risky and time consuming for enterprises to gain
knowledge. Thus today enterprises use data mining as an innovative competitive
mean. The aim of the study is to determine the importance of data mining
applications to capital markets.

Keywords

Data Mining, Capital Markets, Data Mining Methods

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