Transformations  in
Business & Economics

DEVELOPMENT AND INVESTIGATION OF THE MULTI-AGENT EXPERT INVESTMENT DECISION SUPPORT SYSTEM
Andrius Jurgutis, Rimvydas Simutis

ABSTRACT.The rapid development of information-oriented society and its environment launches a lot of challenges in the finance and investment management areas. Nowadays, the investors need intellectual information system that combines all-in-one solution, i. e., combines the management of both data-based information and knowledge related to financial markets. In this article, the authors present and analyse the new approach to implement such system based on the software agent-oriented programing and financial expert's knowledge. The authors of this article raise the most acute implementation problems of such system like the portfolio allocation, the investor's risk measurement, securities valuation aspects, and multi-agent system development issues and at the same time provide the new proposals for solving problems. The archived results of the implemented system allow to conclude that such system has good prospects.

KEYWORDS: investment management, decision support system, multi-agent system.

JEL classification: D81, G11, O16.