Guest Opinion: Financial Services Should Fully Embrace Deep Learning

At first glance, deep learning has the hallmark hype of a technology trend that prudent institutions would do well to avoid. But beyond their celebrated successes in image recognition and translation, there are subtle and persuasive reasons for financial services organizations to deploy deep learning models, even if they haven't used simpler machine learning methods before. Deep learning models can be far more powerful than traditional methods, easier to maintain and faster to develop. These advantages outweigh common concerns over talent shortages and model interpretability. Deep learning models provide several capabilities that are invaluable for financial services applications.