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Identifying Enterprise Risk in Financial Markets

Identifying Enterprise Risk in Financial Markets

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Published by Lyle Brecht
Describes an AI (Artificial Intelligence) system whose goal is to assist regulators in identifying public companies and financial institutions who are misleading investors and regulators well before such companies get into serious financial trouble.

Objectives include: annual 98% reduction in surprise bankruptcies; annual 90% reduction in accounting fraud; US public markets viewed by global investors as most honest and fair market in which to invest capital.
Describes an AI (Artificial Intelligence) system whose goal is to assist regulators in identifying public companies and financial institutions who are misleading investors and regulators well before such companies get into serious financial trouble.

Objectives include: annual 98% reduction in surprise bankruptcies; annual 90% reduction in accounting fraud; US public markets viewed by global investors as most honest and fair market in which to invest capital.

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Published by: Lyle Brecht on Jan 07, 2009
Copyright:Attribution Non-commercial

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11/16/2012

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It is technically feasible to build a system that automaticallyassesses the probabilistic risk of a public enterprise (includingbanks, any financial industry firm or any enterprise that isregulated and that must produce periodic statements of financialcondition) overstating its economic resultsSystem would work even if the firm was deliberately releasingfalse financial statements overstating earningsSystem would serve as a screening tool for SEC and otherregulatory agencies (Federal & State) and enforcement personnel to focus on specific firm’s riskiness
(c) Lyle Brecht 30-Sept-04, 2009
2
 
Goal is for regulators to discover enterprises that are misleadinginvestors or in a risky financial situation BEFORE suchcompanies go bankrupt or their shares loose significant value when the truth becomes known to the wider marketObjectives include: annual 98% reduction in surprisebankruptcies; annual 90% reduction in accounting fraud; US public markets viewed by global investors as the most honestand fair market in which to invest capital
(c) Lyle Brecht 30-Sept-04, 2009
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