Paper ID: 2410.19211
Predicting Liquidity Coverage Ratio with Gated Recurrent Units: A Deep Learning Model for Risk Management
Zhen Xu, Jingming Pan, Siyuan Han, Hongju Ouyang, Yuan Chen, Mohan Jiang
With the global economic integration and the high interconnection of financial markets, financial institutions are facing unprecedented challenges, especially liquidity risk. This paper proposes a liquidity coverage ratio (LCR) prediction model based on the gated recurrent unit (GRU) network to help financial institutions manage their liquidity risk more effectively. By utilizing the GRU network in deep learning technology, the model can automatically learn complex patterns from historical data and accurately predict LCR for a period of time in the future. The experimental results show that compared with traditional methods, the GRU model proposed in this study shows significant advantages in mean absolute error (MAE), proving its higher accuracy and robustness. This not only provides financial institutions with a more reliable liquidity risk management tool but also provides support for regulators to formulate more scientific and reasonable policies, which helps to improve the stability of the entire financial system.
Submitted: Oct 24, 2024