Improved Nearest Neighbor Propagation Algorithm Based on Internet of Things Technology in Financial Management Early Warning

Abstract

In recent years, the increasing degree of economic globalization has provided a broader platform for the development of enterprises, but it also made enterprises bear more and more pressure of market competition. This paper mainly studies the application of improved nearest neighbor propagation algorithm based on Internet of Things technology in financial management early warning. This paper selects the mixed unbalanced panel data of 40 companies from 2006 to 2008 as the overall research sample. After eliminating the outliers and the samples of companies without data for two consecutive years, 390 datasets of 30 companies are selected as the modeling samples. The selection of risk early warning indicators should follow the following six principles: comprehensiveness, importance, scientificity, objective quantification, comparability, and operability. The standard deviation of index data is calculated to compare the strength and improve the integrity and effectiveness of the value. In this paper, Delphi expert analysis method is used to invite experts who have certain research in this field to propose the corresponding independent evaluation index scheme. On the premise of taking the summary results as the reference, the index contents which are not representative and different from the actual requirements are deleted, so as to finally determine the index system of the risk assessment scheme. The data show that the final correct rate of the financial risk early warning model can reach 91% and the total number of judgments is 200, where 182 are correct and only 18 are wrong. The results show that the establishment of a good financial risk early warning system can help enterprises better find and deal with risks and makes enterprises develop healthily.

Security Optimization Management for loT-Assisted Bank Liquidity Risk Emergency Using Big Data Analytic-Based Case Reasoning

“…Li divides risks in IoT finance into operational risks and credit risks. He believes that IoT finance enterprises should seek the help of other institutions, such as third-party institutions, for risk supervision of the enterprise [20].…”