Agent-based modeling from the perspectives of FinTech
CUI Yi'an1, XIONG Xiong1,2, WEI Lijian3, HE Shaoyi4
1. College of Management and Economics, Tianjin University, Tianjin 300072, China; 2. China Center for Social Computing and Analytics, Tianjin 300072, China; 3. Business School, Sun Yat-sen University, Guangzhou 510275, China; 4. Jack H. Brown College of Business and Public Administration, California State University, San Bernardino 92407, USA
Abstract：Agent-based modeling, with its unique "God's Perspective", is widely influencing traditional economic and financial research. With the rise of technologies such as big data and artificial intelligence in recent years, agent-based modeling and basic supporting technologies in the field of FinTech are deeply integrated to jointly promote continuous breakthroughs in FinTech. In particular, in the fields of big data ontology research, agent-based model calibration, investor behavior modeling, regulatory technology applications, etc., agent-based modeling has demonstrated its unique advantages in integrating with FinTech. From the perspectives of big data ontology, agent-based modeling is an effective method that uses financial big data ontology modeling to depict the correlation between financial entities and to study their causal relationships. From the perspectives of artificial intelligence, it provides the basis for fine modeling of individuals and behavioral evolution modeling, and agent-based modeling provides a new research framework for algorithmic trading. From the perspectives of regulatory technology, the agent-based model in the development process to promote the formation of a new ‘scenario-response’ type of risk management, thus providing supports for the ‘regulatory technology’ development. This paper holds that agent-based modeling can be integrated with the basic supporting technologies of FinTech, providing an important impetus for the development of agent-based modeling and regulatory innovation in FinTech.
崔毅安, 熊熊, 韦立坚, 何绍义. 金融科技视角下的计算实验金融建模[J]. 系统工程理论与实践, 2020, 40(2): 373-381.
CUI Yi'an, XIONG Xiong, WEI Lijian, HE Shaoyi. Agent-based modeling from the perspectives of FinTech. Systems Engineering - Theory & Practice, 2020, 40(2): 373-381.
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2020, Vol. 40 
