Cluster Analysis for SME Risk Analysis Documents Based on Pillar K-Means

In Small Medium Enterprise’s (SME) financing risk analysis, the implementation of qualitative model by giving opinion regarding business risk is to overcome the subjectivity in quantitative model. However, there is another problem that the decision makers have difficulity to quantify the risk’s weight that delivered through those opinions. Thus, we focused on three objectives to overcome the problems that oftenly occur in qualitative model implementation. First, we modelled risk clusters using K-Means clustering, optimized by Pillar Algorithm to get the optimum number of clusters. Secondly, we performed risk measurement by calculating term-importance scores using TF-IDF combined with term-sentiment scores based on SentiWordNet 3.0 for Bahasa Indonesia. Eventually, we summarized the result by correlating the featured terms in each cluster with the 5Cs Credit Criteria. The result shows that the model is effective to group and measure the level of the risk and can be used as a basis for the decision makers in approving the loan proposal.

Item Response Theory for Peer Assessment

As an assessment method based on a constructivist approach, peer assessment has become popular in recent years. However, in peer assessment, a problem remains that reliability depends on the rater characteristics. For this reason, some item response models that incorporate rater parameters have been proposed. Those models are expected to improve the reliability if the model parameters can be estimated accurately. However, when applying them to actual peer assessment, the parameter estimation accuracy would be reduced for the following reasons. 1) The number of rater parameters increases with two or more times the number of raters because the models include higher-dimensional rater parameters. 2) The accuracy of parameter estimation from sparse peer assessment data depends strongly on hand-tuning parameters, called hyperparameters. To solve these problems, this article presents a proposal of a new item response model for peer assessment that incorporates rater parameters to maintain as few rater parameters as possible. Furthermore, this article presents a proposal of a parameter estimation method using a hierarchical Bayes model for the proposed model that can learn the hyperparameters from data. Finally, this article describes the effectiveness of the proposed method using results obtained from a simulation and actual data experiments

An Overview of Big Data Analytics in Banking: Approaches, Challenges and Issues

Banks are harnessing the power of Big Data. They use Big Data and Data Science to drive change towards data and analytics to gain an overall competitive advantage. The Big Data has potential to transform enterprise operations and processes especially in the banking sector, because they have huge amount of transaction data. The goal of this paper is to give an overview of different approaches and challenges that exists in Big Data in banking sector. The work presented here will fulfill the gap of research papers in the last five years, with focus on Big Data in central banks and credit scoring in central banks. For this paper, we have reviewed existing research literature, official reports, surveys and seminars of central banks, all these related directly or indirectly to Big Data in banks

2018 SDSU Data Science Symposium Program

Table of Contents: Letter from SDSU PresidentLetter from SDSU Department of Mathematics and Statistics Dept. HeadSponsorsGeneral InformationKeynote SpeakersInvited SpeakersSunday ScheduleWorkshop InformationMonday ScheduleAbstracts| Invited SpeakersAbstracts | Oral PresentationsPoster PresentationCommittee and Volunteer