Finance: How To Make The Most Of Machine Learning Global Banking & Finance Review

The use of machine learning in finance can clearly do wonders, it's a technology that is such a great fit for the financial services industry. So let's take a closer look at how companies can utilise it. As a subset of data science, machine learning uses specific algorithms and chosen datasets to train mathematical models to find patterns, make predictions, segmentation, and more. Plus, you can regularly update the mathematical models, so they can effectively learn from both experience and new data. So there is a clear fit with the quantitative nature of the financial services industry.