Financial distress prediction using the hybrid associative memory with translation

This paper presents an alternative technique for financial distress prediction systems. The method is based on a type of neural network, which is called hybrid associative memory with translation. While many different neural network architectures have successfully been used to predict credit risk and corporate failure, the power of associative memories for financial decision-making has not been explored in any depth as yet. The performance of the hybrid associative memory with translation is compared to four traditional neural networks, a support vector machine and a logistic regression model in terms of their prediction capabilities. The experimental results over nine real-life data sets show that the associative memory here proposed constitutes an appropriate solution for bankruptcy and credit risk prediction, performing significantly better than the rest of models under class imbalance and data overlapping conditions in terms of the true positive rate and the geometric mean of true positive and true negative rates.This work has partially been supported by the Mexican CONACYT through the Postdoctoral Fellowship Program [232167], the Spanish Ministry of Economy [TIN2013-46522-P], the Generalitat Valenciana [PROMETEOII/2014/062] and the Mexican PRODEP [DSA/103.5/15/7004]. We would like to thank the Reviewers for their valuable comments and suggestions, which have helped to improve the quality of this paper substantially

Laelaps: An Energy-Efficient Seizure Detection Algorithm from Long-term Human iEEG Recordings without False Alarms

We propose Laelaps, an energy-efficient and fast learning algorithm with no false alarms for epileptic seizure detection from long-term intracranial electroencephalography (iEEG) signals. Laelaps uses end-to-end binary operations by exploiting symbolic dynamics and brain-inspired hyperdimensional computing. Laelaps's results surpass those yielded by state-of-the-art (SoA) methods [1], [2], [3], including deep learning, on a new very large dataset containing 116 seizures of 18 drug-resistant epilepsy patients in 2656 hours of recordings - each patient implanted with 24 to 128 iEEG electrodes. Laelaps trains 18 patient-specific models by using only 24 seizures: 12 models are trained with one seizure per patient, the others with two seizures. The trained models detect 79 out of 92 unseen seizures without any false alarms across all the patients as a big step forward in practical seizure detection. Importantly, a simple implementation of Laelaps on the Nvidia Tegra X2 embedded device achieves 1.7 7-3.9 7 faster execution and 1.4 7-2.9 7 lower energy consumption compared to the best result from the SoA methods. Our source code and anonymized iEEG dataset are freely available at http://ieeg-swez.ethz.ch

Machine Learning

Machine Learning can be defined in various ways related to a scientific domain concerned with the design and development of theoretical and implementation tools that allow building systems with some Human Like intelligent behavior. Machine learning addresses more specifically the ability to improve automatically through experience

From Frequency to Meaning: Vector Space Models of Semantics

Computers understand very little of the meaning of human language. This profoundly limits our ability to give instructions to computers, the ability of computers to explain their actions to us, and the ability of computers to analyse and process text. Vector space models (VSMs) of semantics are beginning to address these limits. This paper surveys the use of VSMs for semantic processing of text. We organize the literature on VSMs according to the structure of the matrix in a VSM. There are currently three broad classes of VSMs, based on term-document, word-context, and pair-pattern matrices, yielding three classes of applications. We survey a broad range of applications in these three categories and we take a detailed look at a specific open source project in each category. Our goal in this survey is to show the breadth of applications of VSMs for semantics, to provide a new perspective on VSMs for those who are already familiar with the area, and to provide pointers into the literature for those who are less familiar with the field

A Decade of Neural Networks: Practical Applications and Prospects

The Jet Propulsion Laboratory Neural Network Workshop, sponsored by NASA and DOD, brings together sponsoring agencies, active researchers, and the user community to formulate a vision for the next decade of neural network research and application prospects. While the speed and computing power of microprocessors continue to grow at an ever-increasing pace, the demand to intelligently and adaptively deal with the complex, fuzzy, and often ill-defined world around us remains to a large extent unaddressed. Powerful, highly parallel computing paradigms such as neural networks promise to have a major impact in addressing these needs. Papers in the workshop proceedings highlight benefits of neural networks in real-world applications compared to conventional computing techniques. Topics include fault diagnosis, pattern recognition, and multiparameter optimization

Pattern Recognition

Pattern recognition is a very wide research field. It involves factors as diverse as sensors, feature extraction, pattern classification, decision fusion, applications and others. The signals processed are commonly one, two or three dimensional, the processing is done in real- time or takes hours and days, some systems look for one narrow object class, others search huge databases for entries with at least a small amount of similarity. No single person can claim expertise across the whole field, which develops rapidly, updates its paradigms and comprehends several philosophical approaches. This book reflects this diversity by presenting a selection of recent developments within the area of pattern recognition and related fields. It covers theoretical advances in classification and feature extraction as well as application-oriented works. Authors of these 25 works present and advocate recent achievements of their research related to the field of pattern recognition

Image Processing Using FPGAs

This book presents a selection of papers representing current research on using field programmable gate arrays (FPGAs) for realising image processing algorithms. These papers are reprints of papers selected for a Special Issue of the Journal of Imaging on image processing using FPGAs. A diverse range of topics is covered, including parallel soft processors, memory management, image filters, segmentation, clustering, image analysis, and image compression. Applications include traffic sign recognition for autonomous driving, cell detection for histopathology, and video compression. Collectively, they represent the current state-of-the-art on image processing using FPGAs

Self Organisation and Hierarchical Concept Representation in Networks of Spiking Neurons

The aim of this work is to introduce modular processing mechanisms for cortical functions implemented in networks of spiking neurons. Neural maps are a feature of cortical processing found to be generic throughout sensory cortical areas, and self-organisation to the fundamental properties of input spike trains has been shown to be an important property of cortical organisation. Additionally, oscillatory behaviour, temporal coding of information, and learning through spike timing dependent plasticity are all frequently observed in the cortex. The traditional self-organising map (SOM) algorithm attempts to capture the computational properties of this cortical self-organisation in a neural network. As such, a cognitive module for a spiking SOM using oscillations, phasic coding and STDP has been implemented. This model is capable of mapping to distributions of input data in a manner consistent with the traditional SOM algorithm, and of categorising generic input data sets. Higher-level cortical processing areas appear to feature a hierarchical category structure that is founded on a feature-based object representation. The spiking SOM model is therefore extended to facilitate input patterns in the form of sets of binary feature-object relations, such as those seen in the field of formal concept analysis. It is demonstrated that this extended model is capable of learning to represent the hierarchical conceptual structure of an input data set using the existing learning scheme. Furthermore, manipulations of network parameters allow the level of hierarchy used for either learning or recall to be adjusted, and the network is capable of learning comparable representations when trained with incomplete input patterns. Together these two modules provide related approaches to the generation of both topographic mapping and hierarchical representation of input spaces that can be potentially combined and used as the basis for advanced spiking neuron models of the learning of complex representations