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Detecting Economic Events Using a Semantics-Based Pipeline

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Book cover Database and Expert Systems Applications (DEXA 2011)

Abstract

In today’s information-driven global economy, breaking news on economic events such as acquisitions and stock splits has a substantial impact on the financial markets. Therefore, it is important to be able to automatically identify events in news items accurately and in a timely manner. For this purpose, one has to be able to mine a wide variety of heterogeneous sources of unstructured data to extract knowledge that is useful for guiding decision making processes. We propose a Semantics-based Pipeline for Economic Event Detection (SPEED), which aims at extracting financial events from news articles and annotating these events with meta-data, while retaining a speed that is high enough to make real-time use possible. In our pipeline implementation, we have reused some of the components of an existing framework and developed new ones, such as an Ontology Gazetteer and a Word Sense Disambiguator.

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© 2011 Springer-Verlag Berlin Heidelberg

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Hogenboom, A., Hogenboom, F., Frasincar, F., Kaymak, U., van der Meer, O., Schouten, K. (2011). Detecting Economic Events Using a Semantics-Based Pipeline. In: Hameurlain, A., Liddle, S.W., Schewe, KD., Zhou, X. (eds) Database and Expert Systems Applications. DEXA 2011. Lecture Notes in Computer Science, vol 6860. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-23088-2_32

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  • DOI: https://doi.org/10.1007/978-3-642-23088-2_32

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-23087-5

  • Online ISBN: 978-3-642-23088-2

  • eBook Packages: Computer ScienceComputer Science (R0)

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