An Automated Framework for Enterprise Financial Data Pre-processing and Secure Storage

The analysis on the financial data is highly crucial and critical as the results or the conclusion communicated based on the analysis can generate a greater impact on the personal and enterprise scale business processes. The primary source of the financial data is the business process and often the data is collected by automation tools deployed at various points of the business process data flow. The data entered in the business process is primary done by the stake holders of the process and at various levels of the process the data is modified, translated and sometimes completed transverter, due to which the impurities or anomalies are introduced in the data. These impurities, such as outliers and missing values, cause a high impact on the final decision after processing these datasets. Hence an appropriate pre-processing for financial data is the demand of the research. A good number of parallel research outcomes can be observed to solve these problems. Nonetheless, majority of the solutions are either highly time complex or not accurate effectively. Thus, this work proposes an automated framework for identification and imputation of the outliers using the iterative clustering method, identification and imputation of the missing values using Differential count based binary iterations method and finally the secure data storage using regression based key generation. The proposed framework has showcased nearly 100% accuracy in detection of outliers and missing values with highly improved time complexity.

@article{Alamanda2021,
  title     = {An Automated Framework for Enterprise Financial Data Pre-processing and Secure Storage},
  journal   = {International Journal of Advanced Computer Science and Applications},
  volume    = {12},
  number    = {7},
  year      = {2021},
  publisher = {The Science and Information Organization},
  author    = {Sirisha Alamanda and Suresh Pabboju and G. Narasimha},
  doi       = {10.14569/IJACSA.2021.0120790},
  url       = {https://doi.org/10.14569/IJACSA.2021.0120790}
}