Servizio Comunitario di Informazione in materia di Ricerca e Sviluppo - CORDIS

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FIRST

Project ID: 257928
Finanziato nell'ambito di

Large scale information extraction and integration \ninfrastructure for supporting financial decision making

Dal 2010-10-01 al 2013-09-30, progetto concluso | FIRST Sito web

Dettagli del progetto

Costo totale:

EUR 4 594 661

Contributo UE:

EUR 3 024 935

Coordinato in:

Spain

Invito a presentare proposte:

FP7-ICT-2009-5See other projects for this call

Meccanismo di finanziamento:

CP - Collaborative project (generic)

Description

How to focus on the relevant while making financial decisions in a world of information overkill? – Ask FIRST first

The FIRST project provides an information extraction, information integration and decision making infrastructure for information management in the financial domain. This area is extraordinarily faced with the challenges of extremely large, dynamic, and heterogeneous sources of information. The daily work and the business success of all decision makers in this industry depend on the availability of highly trustable, easily acquirable information.

Within the international financial industry not only individual market participants are negatively affected by information overflow and information asymmetries, but also financial flows and financial stability within entire industries of the global economy. This may also have severe consequences as has been observed in the current financial and economic crisis. Information is amongst the most valuable assets in the financial industry and reducing information asymmetries and increasing transparency by providing a fast, real-time, automatic and more comprehensive information base can help preventing false decisions.

Obiettivo

The FIRST project provides a large-scale information extraction and integration infrastructure that supports non-ICT skilled end users for on-demand financial information access and execution of financial market analyses. Innovations in FIRST are: information extraction from unreliable semi-structured sources on a massive scale and in near real-time; automatic reuse of existing ontologies, large-scale ontology learning, and advanced decision models making use of semantic attributes.
The FIRST Decision Support Infrastructure enables end-users to configure, deploy, and execute financial decision models with associated information channels. The FIRST Ontology Infrastructure provides tools for semi-automatically creating and maintaining domain knowledge models. The FIRST Semantic Information Extraction System addresses noise, uncertainty, and semantic interpretation of information sources. The FIRST Information Integration Infrastructure consolidates information from very large heterogeneous information sources.
FIRST validates its innovations by three complementary use cases of market surveillance, investment management, and online retail banking and brokerage. The consortium comprises for each solution providers, data sources, and end users. FIRST implements a systematic strategy for scaling its methods and software infrastructure to the processing of massive amounts of information in real-time by three steps: (1) functional prototype, (2) scaling for non time-critical processing of massive historical data, and (3) scaling for massive live streams of structured feeds, textual news wire feeds, as well as semi-structured Web information in real-time.
The impact is ensured through an active open source strategy which (1) bases all basic software components in the fields of ontology learning, information extraction, information integration, and decision support on existing open source software and (2) releases FIRST software as open source software.

Contatto coordinatore

Tomás PARIENTE LOBO
Tel.: +34 912148336
Fax: +34 917543252
E-mail

Coordinatore

ATOS SPAIN SA
Spain

Contributo UE: EUR 646 149


CALLE DE ALBARRACIN 25
28037 MADRID
Spain
Activity type: Private for-profit entities (excluding Higher or Secondary Education Establishments)
Contatto amministrativo: Tomás Pariente
Tel.: +34 912148336
Fax: +34 912148844

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Partecipanti

UNIVERSITAET HOHENHEIM
Germany

Contributo UE: EUR 563 853


Schloss Hohenheim 1
70599 STUTTGART
Germany
Activity type: Higher or Secondary Education Establishments
Contatto amministrativo: Hans-Peter Liebig
Tel.: +49 711 459 0
Fax: +49 711 459 24050

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JOHANN WOLFGANG GOETHE-UNIVERSITATFRANKFURT AM MAIN
Germany

Contributo UE: EUR 182 200


THEODOR W ADORNO PLATZ 1
60629 FRANKFURT AM MAIN
Germany
Activity type: Higher or Secondary Education Establishments
Contatto amministrativo: Mareike Schmitt
Tel.: +49 69 798 25194
Fax: +49 69 798 25007

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BOERSE STUTTGART HOLDING GMBH
Germany

Contributo UE: EUR 78 999


BOERSENSTRASSE
70174 STUTTGART
Germany
Activity type: Private for-profit entities (excluding Higher or Secondary Education Establishments)
Contatto amministrativo: Ulli Spankowski
Tel.: +49 711222985752
Fax: +49 711222985661

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Interactive Data Managed Solutions AG
Germany

Contributo UE: EUR 105 600


Sandweg
60316 Frankfurt
Germany
Activity type: Private for-profit entities (excluding Higher or Secondary Education Establishments)
Contatto amministrativo: Michael Diefenthaeler
Tel.: +49 69505030410
Fax: +49 69505030505

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GEORG-AUGUST-UNIVERSITAT GOTTINGENSTIFTUNG OFFENTLICHEN RECHTS
Germany

Contributo UE: EUR 196 310


WILHELMSPLATZ 1
37073 GOTTINGEN
Germany
Activity type: Higher or Secondary Education Establishments
Contatto amministrativo: Nadja Daghbouche
Tel.: +49 551 399795
Fax: +49 551 39183058

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B-NEXT HOLDING AG
Germany

Contributo UE: EUR 246 900


Hansastr.
32049 Herford
Germany
Activity type: Private for-profit entities (excluding Higher or Secondary Education Establishments)
Contatto amministrativo: Markus Reinhardt
Tel.: +495221992800
Fax: +4952219928099

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BANCA MONTE DEI PASCHI DI SIENA SPA
Italy

Contributo UE: EUR 284 587


PIAZZA SALIMBENI
53100 SIENA
Italy
Activity type: Private for-profit entities (excluding Higher or Secondary Education Establishments)
Contatto amministrativo: Paolo Lombardi
Tel.: +39 0577 298388
Fax: +39 0577 294008

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INSTITUT JOZEF STEFAN
Slovenia

Contributo UE: EUR 720 337


Jamova 39
1000 LJUBLJANA
Slovenia
Activity type: Research Organisations
Contatto amministrativo: Jadran Lenarcic
Tel.: +386 1 4773513
Fax: +386 1 2519385

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