2019
DOI: 10.26599/tst.2018.9010007
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LSTM based reserve prediction for bank outlets

Abstract: Reserve allocation is a significant problem faced by commercial banking businesses every day. To satisfy the cash requirement of customers and abate the vault cash pressure, commercial banks need to appropriately allocate reserves for each bank outlet. Excessive reserve would impact the revenue of bank outlets. Low reserves cannot guarantee the successful operation of bank outlets. Considering the reserve requirement is effected by the past cash balance, we deal the reserve allocation problem as a time series … Show more

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Cited by 21 publications
(8 citation statements)
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“…Hochreiter and Schmidhuber proposed LSTM with memory function [28] . It consists of three parts: the input, forget, and output gates [29] . The input data are judged by whether it is needed in accordance with the algorithm.…”
Section: Cnn and Grumentioning
confidence: 99%
“…Hochreiter and Schmidhuber proposed LSTM with memory function [28] . It consists of three parts: the input, forget, and output gates [29] . The input data are judged by whether it is needed in accordance with the algorithm.…”
Section: Cnn and Grumentioning
confidence: 99%
“…A long shortterm memory network is a common cyclic neural network; LSTM networks were proposed by Liu et al and were improved and extended by many people in the subsequent work [13,14]. ey are very effective in many problems, and nowadays they are widely used.…”
Section: Development and Structure Of Lstmmentioning
confidence: 99%
“…Given the sufficient long-term memory ability of the LSTM, some scholars attempted to employ it for predicting the long time series. Tian et al [32], Liu et al [33], and Wang et al [34] designed the mid-and long-term prediction models for the traffic flow, the reserve requirements of bank outlets, and the earthquakes based on the LSTM, respectively. As a result, they all obtained good prediction accuracy.…”
Section: Prediction Of Web Applicationmentioning
confidence: 99%
“…Owing to the superior long-term memory ability, the LSTM exhibits excellent potential for predicting the long time series. ere have been several good attempts on applying the LSTM to carry out the mid-and long-term prediction for time series, such as traffic flow [32], bank business [33], and earthquakes [34]. Under such background, we choose to employ the LSTM for predicting the future cycle workload of web applications and evaluate its prediction performance by comparing with other popular approaches.…”
Section: Introductionmentioning
confidence: 99%