Hi,

Machine learning is used in Fiance industry to do following things:

• Risk Management

• Artificial Intelligence Trading

• Robo-Advisory

• Insurance Underwriting and Claims.

• Fraud Detection

• Customer Service

• Stock Market prediction

• Virtual Assistants

• Treasury - CRM, Spot Transactions

• Customer Segmentation

• Spending Patterns

• Handwritten Amount Recognition

• Trading / Hedging

• Algorithmic Trading

• Portfolio Management/ Risk Management

• Loan Underwriting

• Sentiment Analysis

Following algorithms and statistical methods are used:

• Linear Regression

• Logistic Regression

• Random Forests (RM)

• Support Vector Machine (SVM)

• k-Nearest Neighbor (kNN)

• Classification and Regression Tree (CART)

• Deep learning

Learn Big Data and Analytics.

Thanks