CroSE: information management agent for croatian capital markets

  • Authors:
  • Nikola Vlahovic

  • Affiliations:
  • University of Zagreb, Faculty of Business and Economics, Zagreb, Croatia

  • Venue:
  • DIWED'06 Proceedings of the 6th WSEAS International Conference on Distance Learning and Web Engineering
  • Year:
  • 2006

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Abstract

Increased dynamics of the business environment and financial system represent an additional challenge to the firms in the financial sector. In order to gain competitive advantages financial services firms in Croatia implement business intelligence solutions that improve the quality of business information used in decision-making. These business intelligence solutions can be made more efficient and accurate if financial data published over the Internet is used. This paper presents a tool for acquisition of financial information about transactions on both stock markets in Croatia over the Internet based on agent technology paradigm. This tool enables financial service firms to improve their quality of service and profitability through improved timeliness and flow of financial information used for investment decisions and projections of financial trends in both Croatian capital markets. The information management agent for Croatian capital markets, CroSE, is implemented in a brokerage firm and the impact on the performance of the firm is discussed.