Integrating semantic Web services into financial decision support process

The operating environment of Small and Medium-sized Enterprises (SMEs) is more uncertain and risky comparing to big enterprises. The SMEs managers often face insufficient funds and lack of domain expertise to undertake important financial decisions. Moreover they are often unaware of opportunities offered by financial institutions. Therefore there is a growing need for intelligent and interactive web-based tools integrating data and providing information from heterogeneous sources, oriented on risk-detection and decision support for small and medium enterprises. In this paper the semantic Web services platform has been proposed, which integrates the internal data from the company's databases and external Web resources to perform dynamic evaluation of the financial position of enterprise. The designed platform detects signals indicating the need for action, and it composes a process choosing available Web services aiming at improving the company's financial situation.