Project description
Intelligent information management 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.
Field of science
- /humanities/philosophy, ethics and religion/philosophy/metaphysics/ontology
- /natural sciences/computer and information sciences/software
- /social sciences/economics and business/business and management/commerce
Call for proposal
FP7-ICT-2009-5
See other projects for this call
Funding Scheme
CP - Collaborative project (generic)Coordinator Contact
Coordinator
28037 Madrid
Spain
Participants (8)
70599 Stuttgart
60323 Frankfurt Am Main
70174 Stuttgart
60316 Frankfurt
37073 Gottingen
32049 Herford
53100 Siena
1000 Ljubljana
