EURO Journal on Decision Processes

, Volume 6, Issue 1–2, pp 63–76 | Cite as

Financial decision support: an overview of developments and recent trends

  • Constantin Zopounidis
  • Michalis Doumpos
  • Dimitrios Niklis
Original Article


Since the early applications of operations research and management science techniques in corporate financial management, financial decision support has evolved to a multi-disciplinary field combing different analytical approaches and technologies for supporting the decision-making process for financial problems faced by firms, organizations, and individuals. This paper provides an overview of the nature of financial decision support and its contributions, covering past developments and advances, as well as current trends and emerging topics on methodological, application, and implementation issues.


Financial modeling Decision support Risk management Analytics 

Mathematics Subject Classification

90B50 91B06 91G50 97M30 68U35 


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Copyright information

© Springer-Verlag GmbH Germany, part of Springer Nature and EURO - The Association of European Operational Research Societies 2018

Authors and Affiliations

  • Constantin Zopounidis
    • 1
    • 2
  • Michalis Doumpos
    • 1
  • Dimitrios Niklis
    • 1
  1. 1.School of Production Engineering and ManagementTechnical University of CreteChaniaGreece
  2. 2.Audencia Business SchoolNantes Cedex 3France

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