Big Data and Artificial Intelligence in Digital Finance

This open access book presents how cutting-edge digital technologies like Big Data, Machine Learning, Artificial Intelligence (AI), and Blockchain are set to disrupt the financial sector. The book illustrates how recent advances in these technologies facilitate banks, FinTech, and financial institutions to collect, process, analyze, and fully leverage the very large amounts of data that are nowadays produced and exchanged in the sector. To this end, the book also describes some more the most popular Big Data, AI and Blockchain applications in the sector, including novel applications in the areas of Know Your Customer (KYC), Personalized Wealth Management and Asset Management, Portfolio Risk Assessment, as well as variety of novel Usage-based Insurance applications based on Internet-of-Things data. Most of the presented applications have been developed, deployed and validated in real-life digital finance settings in the context of the European Commission funded INFINITECH project, which is a flagship innovation initiative for Big Data and AI in digital finance. This book is ideal for researchers and practitioners in Big Data, AI, banking and digital finance

Big Data and Artificial Intelligence in Digital Finance

This open access book presents how cutting-edge digital technologies like Big Data, Machine Learning, Artificial Intelligence (AI), and Blockchain are set to disrupt the financial sector. The book illustrates how recent advances in these technologies facilitate banks, FinTech, and financial institutions to collect, process, analyze, and fully leverage the very large amounts of data that are nowadays produced and exchanged in the sector. To this end, the book also describes some more the most popular Big Data, AI and Blockchain applications in the sector, including novel applications in the areas of Know Your Customer (KYC), Personalized Wealth Management and Asset Management, Portfolio Risk Assessment, as well as variety of novel Usage-based Insurance applications based on Internet-of-Things data. Most of the presented applications have been developed, deployed and validated in real-life digital finance settings in the context of the European Commission funded INFINITECH project, which is a flagship innovation initiative for Big Data and AI in digital finance. This book is ideal for researchers and practitioners in Big Data, AI, banking and digital finance

Energy sustainability of next generation cellular networks through learning techniques

The trend for the next generation of cellular network, the Fifth Generation (5G), predicts a 1000x increase in the capacity demand with respect to 4G, which leads to new infrastructure deployments. To this respect, it is estimated that the energy consumption of ICT might reach the 51% of global electricity production by 2030, mainly due to mobile networks and services. Consequently, the cost of energy may also become predominant in the operative expenses of a Mobile Network Operator (MNO). Therefore, an efficient control of the energy consumption in 5G networks is not only desirable but essential. In fact, the energy sustainability is one of the pillars in the design of the next generation cellular networks. In the last decade, the research community has been paying close attention to the Energy Efficiency (EE) of the radio communication networks, with particular care on the dynamic switch ON/OFF of the Base Stations (BSs). Besides, 5G architectures will introduce the Heterogeneous Network (HetNet) paradigm, where Small BSs (SBSs) are deployed to assist the standard macro BS for satisfying the high traffic demand and reducing the impact on the energy consumption. However, only with the introduction of Energy Harvesting (EH) capabilities the networks might reach the needed energy savings for mitigating both the high costs and the environmental impact. In the case of HetNets with EH capabilities, the erratic and intermittent nature of renewable energy sources has to be considered, which entails some additional complexity. Solar energy has been chosen as reference EH source due to its widespread adoption and its high efficiency in terms of energy produced compared to its costs. To this end, in the first part of the thesis, a harvested solar energy model has been presented based on accurate stochastic Markov processes for the description of the energy scavenged by outdoor solar sources. The typical HetNet scenario involves dense deployments with a high level of flexibility, which suggests the usage of distributed control systems rather than centralized, where the scalability can become rapidly a bottleneck. For this reason, in the second part of the thesis, we propose to model the SBS tier as a Multi-agent Reinforcement Learning (MRL) system, where each SBS is an intelligent and autonomous agent, which learns by directly interacting with the environment and by properly utilizing the past experience. The agents implemented in each SBS independently learn a proper switch ON/OFF control policy, so as to jointly maximize the system performance in terms of throughput, drop rate and energy consumption, while adapting to the dynamic conditions of the environment, in terms of energy inflow and traffic demand. However, MRL might suffer the problem of coordination when finding simultaneously a solution among all the agents that is good for the whole system. In consequence, the Layered Learning paradigm has been adopted to simplify the problem by decomposing it in subtasks. In particular, the global solution is obtained in a hierarchical fashion: the learning process of a subtask is aimed at facilitating the learning of the next higher subtask layer. The first layer implements an MRL approach and it is in charge of the local online optimization at SBS level as function of the traffic demand and the energy incomes. The second layer is in charge of the network-wide optimization and it is based on Artificial Neural Networks aimed at estimating the model of the overall network.Con la llegada de la nueva generación de redes móviles, la quinta generación (5G), se predice un aumento por un factor 1000 en la demanda de capacidad respecto a la 4G, con la consecuente instalación de nuevas infraestructuras. Se estima que el gasto energético de las tecnologías de la información y la comunicación podría alcanzar el 51% de la producción mundial de energía en el año 2030, principalmente debido al impacto de las redes y servicios móviles. Consecuentemente, los costes relacionados con el consumo de energía pasarán a ser una componente predominante en los gastos operativos (OPEX) de las operadoras de redes móviles. Por lo tanto, un control eficiente del consumo energético de las redes 5G, ya no es simplemente deseable, sino esencial. En la última década, la comunidad científica ha enfocado sus esfuerzos en la eficiencia energética (EE) de las redes de comunicaciones móviles, con particular énfasis en algoritmos para apagar y encender las estaciones base (BS). Además, las arquitecturas 5G introducirán el paradigma de las redes heterogéneas (HetNet), donde pequeñas BSs, o small BSs (SBSs), serán desplegadas para ayudar a las grandes macro BSs en satisfacer la gran demanda de tráfico y reducir el impacto en el consumo energético. Sin embargo, solo con la introducción de técnicas de captación de la energía ambiental, las redes pueden alcanzar los ahorros energéticos requeridos para mitigar los altos costes de la energía y su impacto en el medio ambiente. En el caso de las HetNets alimentadas mediante energías renovables, la naturaleza errática e intermitente de esta tipología de energías constituye una complejidad añadida al problema. La energía solar ha sido utilizada como referencia debido a su gran implantación y su alta eficiencia en términos de cantidad de energía producida respecto costes de producción. Por consiguiente, en la primera parte de la tesis se presenta un modelo de captación de la energía solar basado en un riguroso modelo estocástico de Markov que representa la energía capturada por paneles solares para exteriores. El escenario típico de HetNet supondrá el despliegue denso de SBSs con un alto nivel de flexibilidad, lo cual sugiere la utilización de sistemas de control distribuidos en lugar de aquellos que están centralizados, donde la adaptabilidad podría convertirse rápidamente en un reto difícilmente gestionable. Por esta razón, en la segunda parte de la tesis proponemos modelar las SBSs como un sistema multiagente de aprendizaje automático por refuerzo, donde cada SBS es un agente inteligente y autónomo que aprende interactuando directamente con su entorno y utilizando su experiencia acumulada. Los agentes en cada SBS aprenden independientemente políticas de control del apagado y encendido que les permiten maximizar conjuntamente el rendimiento y el consumo energético a nivel de sistema, adaptándose a condiciones dinámicas del ambiente tales como la energía renovable entrante y la demanda de tráfico. No obstante, los sistemas multiagente sufren problemas de coordinación cuando tienen que hallar simultáneamente una solución de forma distribuida que sea buena para todo el sistema. A tal efecto, el paradigma de aprendizaje por niveles ha sido utilizado para simplificar el problema dividiéndolo en subtareas. Más detalladamente, la solución global se consigue de forma jerárquica: el proceso de aprendizaje de una subtarea está dirigido a ayudar al aprendizaje de la subtarea del nivel superior. El primer nivel contempla un sistema multiagente de aprendizaje automático por refuerzo y se encarga de la optimización en línea de las SBSs en función de la demanda de tráfico y de la energía entrante. El segundo nivel se encarga de la optimización a nivel de red del sistema y está basado en redes neuronales artificiales diseñadas para estimar el modelo de todas las BSsPostprint (published version

The Information Society: Technological, socio-economic and cultural aspects - Prolegomena for a sustainability-oriented ethics of ICTs.

This thesis studies the enabling properties of ICT and their effects and potential for social change, and prepares the ground for a sustainability-oriented ethico-political assessment of this technology. It primarily builds on interdisciplinary scholarship to describe and explain the multifaceted co-evolution between the global deployment of ICTs and the emergence of the Information Society, understood as a socioeconomic restructuring of capitalism. Beyond the role of ICTs in this regime transition, the thesis delivers other philosophical insights about crucial aspects of ICT development, applications and management. These include arguments about how we should conceptualize ICTs on the basis of their different roles in extending human communication and in performing or facilitating the remote control of humans and animals, machines and systems operations; about the entanglement between telecommunications, transport networks, urban development and work and organization; and about the relations between ICTs, culture and human values. Examples are offered to illustrate the potential that these empirical and philosophical lessons may hold for the construction of a framework for the ethico-political assessment of ICTs

Facing-up Challenges of Multiobjective Clustering Based on Evolutionary Algorithms: Representations, Scalability and Retrieval Solutions

Aquesta tesi es centra en algorismes de clustering multiobjectiu, que estan basats en optimitzar varis objectius simultàniament obtenint una col•lecció de solucions potencials amb diferents compromisos entre objectius. El propòsit d'aquesta tesi consisteix en dissenyar i implementar un nou algorisme de clustering multiobjectiu basat en algorismes evolutius per afrontar tres reptes actuals relacionats amb aquest tipus de tècniques. El primer repte es centra en definir adequadament l'àrea de possibles solucions que s'explora per obtenir la millor solució i que depèn de la representació del coneixement. El segon repte consisteix en escalar el sistema dividint el conjunt de dades original en varis subconjunts per treballar amb menys dades en el procés de clustering. El tercer repte es basa en recuperar la solució més adequada tenint en compte la qualitat i la forma dels clusters a partir de la regió més interessant de la col•lecció de solucions ofertes per l’algorisme.Esta tesis se centra en los algoritmos de clustering multiobjetivo, que están basados en optimizar varios objetivos simultáneamente obteniendo una colección de soluciones potenciales con diferentes compromisos entre objetivos. El propósito de esta tesis consiste en diseñar e implementar un nuevo algoritmo de clustering multiobjetivo basado en algoritmos evolutivos para afrontar tres retos actuales relacionados con este tipo de técnicas. El primer reto se centra en definir adecuadamente el área de posibles soluciones explorada para obtener la mejor solución y que depende de la representación del conocimiento. El segundo reto consiste en escalar el sistema dividiendo el conjunto de datos original en varios subconjuntos para trabajar con menos datos en el proceso de clustering El tercer reto se basa en recuperar la solución más adecuada según la calidad y la forma de los clusters a partir de la región más interesante de la colección de soluciones ofrecidas por el algoritmo.This thesis is focused on multiobjective clustering algorithms, which are based on optimizing several objectives simultaneously obtaining a collection of potential solutions with different trade¬offs among objectives. The goal of the thesis is to design and implement a new multiobjective clustering technique based on evolutionary algorithms for facing up three current challenges related to these techniques. The first challenge is focused on successfully defining the area of possible solutions that is explored in order to find the best solution, and this depends on the knowledge representation. The second challenge tries to scale-up the system splitting the original data set into several data subsets in order to work with less data in the clustering process. The third challenge is addressed to the retrieval of the most suitable solution according to the quality and shape of the clusters from the most interesting region of the collection of solutions returned by the algorithm

Multi-Agent Systems

This Special Issue ""Multi-Agent Systems"" gathers original research articles reporting results on the steadily growing area of agent-oriented computing and multi-agent systems technologies. After more than 20 years of academic research on multi-agent systems (MASs), in fact, agent-oriented models and technologies have been promoted as the most suitable candidates for the design and development of distributed and intelligent applications in complex and dynamic environments. With respect to both their quality and range, the papers in this Special Issue already represent a meaningful sample of the most recent advancements in the field of agent-oriented models and technologies. In particular, the 17 contributions cover agent-based modeling and simulation, situated multi-agent systems, socio-technical multi-agent systems, and semantic technologies applied to multi-agent systems. In fact, it is surprising to witness how such a limited portion of MAS research already highlights the most relevant usage of agent-based models and technologies, as well as their most appreciated characteristics. We are thus confident that the readers of Applied Sciences will be able to appreciate the growing role that MASs will play in the design and development of the next generation of complex intelligent systems. This Special Issue has been converted into a yearly series, for which a new call for papers is already available at the Applied Sciences journal’s website: https://www.mdpi.com/journal/applsci/special_issues/Multi-Agent_Systems_2019

Wireless Sensor Networks

The aim of this book is to present few important issues of WSNs, from the application, design and technology points of view. The book highlights power efficient design issues related to wireless sensor networks, the existing WSN applications, and discusses the research efforts being undertaken in this field which put the reader in good pace to be able to understand more advanced research and make a contribution in this field for themselves. It is believed that this book serves as a comprehensive reference for graduate and undergraduate senior students who seek to learn latest development in wireless sensor networks

CLADAG 2021 BOOK OF ABSTRACTS AND SHORT PAPERS

The book collects the short papers presented at the 13th Scientific Meeting of the Classification and Data Analysis Group (CLADAG) of the Italian Statistical Society (SIS). The meeting has been organized by the Department of Statistics, Computer Science and Applications of the University of Florence, under the auspices of the Italian Statistical Society and the International Federation of Classification Societies (IFCS). CLADAG is a member of the IFCS, a federation of national, regional, and linguistically-based classification societies. It is a non-profit, non-political scientific organization, whose aims are to further classification research

High-Performance Modelling and Simulation for Big Data Applications

This open access book was prepared as a Final Publication of the COST Action IC1406 “High-Performance Modelling and Simulation for Big Data Applications (cHiPSet)“ project. Long considered important pillars of the scientific method, Modelling and Simulation have evolved from traditional discrete numerical methods to complex data-intensive continuous analytical optimisations. Resolution, scale, and accuracy have become essential to predict and analyse natural and complex systems in science and engineering. When their level of abstraction raises to have a better discernment of the domain at hand, their representation gets increasingly demanding for computational and data resources. On the other hand, High Performance Computing typically entails the effective use of parallel and distributed processing units coupled with efficient storage, communication and visualisation systems to underpin complex data-intensive applications in distinct scientific and technical domains. It is then arguably required to have a seamless interaction of High Performance Computing with Modelling and Simulation in order to store, compute, analyse, and visualise large data sets in science and engineering. Funded by the European Commission, cHiPSet has provided a dynamic trans-European forum for their members and distinguished guests to openly discuss novel perspectives and topics of interests for these two communities. This cHiPSet compendium presents a set of selected case studies related to healthcare, biological data, computational advertising, multimedia, finance, bioinformatics, and telecommunications