How Machine Learning Has Disrupted Finance Industry

4 years ago dzone.com

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FinTech, as these startups are known, have been the early adopters of the new technologies like Smartphones, Big Data, Machine Learning (ML), Blockchain and were considered the trendsetters that were later followed by more traditional banks and financial institutes. The recent advancements in machine learning and deep learning has really pushed the boundaries of computer vision and natural language processing.

There multiple types of risks that always loom on the banks and the most common ones are credit risk and market risk.

Trading Technologies and Kavout, are two prominent companies that are working in this area to identify complex trading patterns using machine learning.

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