Definition for : Expert systems

Expert systems comprise software developed to carry out Financial analysis using a knowledge Base consisting of rules of Financial analysis, enriched with the result of each analysis performed. The goal of expert systems is to develop lines of reasoning akin to those used by human analysts. This is the realm of artificial intelligence.

(See Chapter 8 How to perform a financial analysis of the Vernimmen)

To know more about it, look at what we have already written on this subject