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Avradip Mandal

Publications and source records attributed to Avradip Mandal.

7 recordsLinked to original sources

A Large Language Model for Corporate Credit Scoring

We introduce Omega^2, a Large Language Model-driven framework for corporate credit scoring that combines structured financial data with advanced machine learning to improve predictive reliability and interpretability. Our study evaluates Omega^2 on a multi-agency dataset of 7,800 corporate credit ratings drawn from Moody's, Standard & Poor's, Fitch, and Egan-Jones, each containing detailed firm-level financial indicators such as leverage, profitability, and liquidity ratios. The system integrates CatBoost, LightGBM, and XGBoost models optimized through Bayesian search under temporal validation to ensure forward-looking and reproducible results. Omega^2 achieved a mean test AUC above 0.93 across agencies, confirming its ability to generalize across rating systems and maintain temporal consistency. These results show that combining language-based reasoning with quantitative learning creates a transparent and institution-grade foundation for reliable corporate credit-risk assessment.

cs.LG

Bandwidth-Hard Functions from Random Permutations

ASIC hash engines are specifically optimized for parallel computations of cryptographic hashes and thus a natural environment for mounting brute-force attacks on hash functions. Two fundamental advantages of ASICs over general purpose computers are the area advantage and the energy efficiency. The memory-hard functions approach the problem by reducing the area advantage of ASICs compared to general-purpose computers. Traditionally, memory-hard functions have been analyzed in the (parallel) random oracle model. However, as the memory-hard security game is multi-stage, indifferentiability does not apply and instantiating the random oracle becomes a non-trivial problem. Chen and Tessaro (CRYPTO 2019) considered this issue and showed how random oracles should be instantiated in the context of memory-hard functions. The Bandwidth-Hard functions, introduced by Ren and Devadas (TCC 2017), aim to provide ASIC resistance by reducing the energy advantage of ASICs. In particular, bandwidth-hard functions provide ASIC resistance by guaranteeing high run time energy cost if the available cache is not large enough. Previously, bandwidth-hard functions have been analyzed in the parallel random oracle model. In this work, we show how those random oracles can be instantiated using random permutations in the context of bandwidth-hard functions. Our results are generic and valid for any hard-to-pebble graphs.

cs.CR

Binary matrix factorization on special purpose hardware

Many fundamental problems in data mining can be reduced to one or more NP-hard combinatorial optimization problems. Recent advances in novel technologies such as quantum and quantum-inspired hardware promise a substantial speedup for solving these problems compared to when using general purpose computers but often require the problem to be modeled in a special form, such as an Ising or quadratic unconstrained binary optimization (QUBO) model, in order to take advantage of these devices. In this work, we focus on the important binary matrix factorization (BMF) problem which has many applications in data mining. We propose two QUBO formulations for BMF. We show how clustering constraints can easily be incorporated into these formulations. The special purpose hardware we consider is limited in the number of variables it can handle which presents a challenge when factorizing large matrices. We propose a sampling based approach to overcome this challenge, allowing us to factorize large rectangular matrices. In addition to these methods, we also propose a simple baseline algorithm which outperforms our more sophisticated methods in a few situations. We run experiments on the Fujitsu Digital Annealer, a quantum-inspired complementary metal-oxide-semiconductor (CMOS) annealer, on both synthetic and real data, including gene expression data. These experiments show that our approach is able to produce more accurate BMFs than competing methods.

cs.LG

Ising-Based Louvain Method: Clustering Large Graphs with Specialized Hardware

Recent advances in specialized hardware for solving optimization problems such quantum computers, quantum annealers, and CMOS annealers give rise to new ways for solving real-word complex problems. However, given current and near-term hardware limitations, the number of variables required to express a large real-world problem easily exceeds the hardware capabilities, thus hybrid methods are usually developed in order to utilize the hardware. In this work, we advocate for the development of hybrid methods that are built on top of the frameworks of existing state-of-art heuristics, thereby improving these methods. We demonstrate this by building on the so called Louvain method, which is one of the most popular algorithms for the Community detection problem and develop and Ising-based Louvain method. The proposed method outperforms two state-of-the-art community detection algorithms in clustering several small to large-scale graphs. The results show promise in adapting the same optimization approach to other unsupervised learning heuristics to improve their performance.

cs.SI

Leveraging Special-Purpose Hardware for Local Search Heuristics

As we approach the physical limits predicted by Moore's law, a variety of specialized hardware is emerging to tackle specialized tasks in different domains. Within combinatorial optimization, adiabatic quantum computers, CMOS annealers, and optical parametric oscillators are few of the emerging specialized hardware technology aimed at solving optimization problems. In terms of mathematical framework, the Ising optimization model unifies all of these emerging special-purpose hardware. In other words, they are all designed to solve optimization problems expressed in the Ising model or equivalently as a quadratic unconstrained binary optimization model. Due to variety of constraints specific to each type of hardware, they usually suffer from a major challenge: the number of variables that the hardware can manage to solve is very limited. Given that large-scale practical problems, including problems in operations research, combinatorial scientific computing, data science and network science require significantly more variables to model than these devices provide, we are likely to witness that cloud-based deployments of these devices will be available for parallel and shared access. Thus hybrid techniques in combination with both hardware and software must be developed to utilize these technologies. Local search meta-heuristics is one of the approaches to tackle large scale problems. However, a general optimization step within local search is not traditionally formulated in the Ising form. In this work, we propose a new meta-heuristic to model local search in the Ising form for the special-purpose hardware devices. As such, we demonstrate that our method takes the limitations of the Ising model and current hardware into account, utilizes a given hardware more efficiently compared to previous approaches, while also producing high quality solutions compared to other well-known meta-heuristics.

cs.DS

Ising-based Consensus Clustering on Specialized Hardware

The emergence of specialized optimization hardware such as CMOS annealers and adiabatic quantum computers carries the promise of solving hard combinatorial optimization problems more efficiently in hardware. Recent work has focused on formulating different combinatorial optimization problems as Ising models, the core mathematical abstraction used by a large number of these hardware platforms, and evaluating the performance of these models when solved on specialized hardware. An interesting area of application is data mining, where combinatorial optimization problems underlie many core tasks. In this work, we focus on consensus clustering (clustering aggregation), an important combinatorial problem that has received much attention over the last two decades. We present two Ising models for consensus clustering and evaluate them using the Fujitsu Digital Annealer, a quantum-inspired CMOS annealer. Our empirical evaluation shows that our approach outperforms existing techniques and is a promising direction for future research.

cs.LG

Compressed Quadratization of Higher Order Binary Optimization Problems

Recent hardware advances in quantum and quantum-inspired annealers promise substantial speedup for solving NP-hard combinatorial optimization problems compared to general-purpose computers. These special-purpose hardware are built for solving hard instances of Quadratic Unconstrained Binary Optimization (QUBO) problems. In terms of number of variables and precision of these hardware are usually resource-constrained and they work either in Ising space {-1,1} or in Boolean space {0,1}. Many naturally occurring problem instances are higher-order in nature. The known method to reduce the degree of a higher-order optimization problem uses Rosenberg's polynomial. The method works in Boolean space by reducing the degree of one term by introducing one extra variable. In this work, we prove that in Ising space the degree reduction of one term requires the introduction of two variables. Our proposed method of degree reduction works directly in Ising space, as opposed to converting an Ising polynomial to Boolean space and applying previously known Rosenberg's polynomial. For sparse higher-order Ising problems, this results in a more compact representation of the resultant QUBO problem, which is crucial for utilizing resource-constrained QUBO solvers.

quant-ph