Creation and extension of ontologies for describing communications in the context of organizations

Thesis submitted to Faculdade de Ciências e Tecnologia of the Universidade Nova de Lisboa, in partial fulfillment of the requirements for the degree of Master in Computer ScienceThe use of ontologies is nowadays a sufficiently mature and solid field of work to be considered an efficient alternative in knowledge representation. With the crescent growth of the Semantic Web, it is expectable that this alternative tends to emerge even more in the near future. In the context of a collaboration established between FCT-UNL and the R&D department of a national software company, a new solution entitled ECC – Enterprise Communications Center was developed. This application provides a solution to manage the communications that enter, leave or are made within an organization, and includes intelligent classification of communications and conceptual search techniques in a communications repository. As specificity may be the key to obtain acceptable results with these processes, the use of ontologies becomes crucial to represent the existing knowledge about the specific domain of an organization. This work allowed us to guarantee a core set of ontologies that have the power of expressing the general context of the communications made in an organization, and of a methodology based upon a series of concrete steps that provides an effective capability of extending the ontologies to any business domain. By applying these steps, the minimization of the conceptualization and setup effort in new organizations and business domains is guaranteed. The adequacy of the core set of ontologies chosen and of the methodology specified is demonstrated in this thesis by its effective application to a real case-study, which allowed us to work with the different types of sources considered in the methodology and the activities that support its construction and evolution

Automated Detection of Financial Events in News Text

Today’s financial markets are inextricably linked with financial events like acquisitions, profit announcements, or product launches. Information extracted from news messages that report on such events could hence be beneficial for financial decision making. The ubiquity of news, however, makes manual analysis impossible, and due to the unstructured nature of text, the (semi-)automatic extraction and application of financial events remains a non-trivial task. Therefore, the studies composing this dissertation investigate 1) how to accurately identify financial events in news text, and 2) how to effectively use such extracted events in financial applications. Based on a detailed evaluation of current event extraction systems, this thesis presents a competitive, knowledge-driven, semi-automatic system for financial event extraction from text. A novel pattern language, which makes clever use of the system’s underlying knowledge base, allows for the definition of simple, yet expressive event extraction rules that can be applied to natural language texts. The system’s knowledge-driven internals remain synchronized with the latest market developments through the accompanying event-triggered update language for knowledge bases, enabling the definition of update rules. Additional research covered by this dissertation investigates the practical applicability of extracted events. In automated stock trading experiments, the best performing trading rules do not only make use of traditional numerical signals, but also employ news-based event signals. Moreover, when cleaning stock data from disruptions caused by financial events, financial risk analyses yield more accurate results. These results suggest that events detected in news can be used advantageously as supplementary parameters in financial applications

natural language technology for information integration in business intelligence

Abstract. Business intelligence requires the collecting and merging of information from many different sources, both structured and unstructured, in order to analyse for example financial risk, operational risk factors, follow trends and perform credit risk management. While traditional data mining tools make use of numerical data and cannot easily be applied to knowledge extracted from free text, traditional information extraction is either not adapted for the financial domain, or does not address the issue of information integration: the merging of information from different kinds of sources. We describe here the development of a system for content mining using domain ontologies, which enables the extraction of relevant information to be fed into models for analysis of financial and operational risk and other business intelligence applications such as company intelligence, by means of the XBRL standard. The results so far are of extremely high quality, due to the implementation of primarily high-precision rules