Machine Learning in Finance
What is ML use cases in finance? Let’s see some promising ML applications in the field of finance. Process Automation It is one of the most common applications of ML in finance. The technology permits to automate repetitive tasks, replace manual work, and increase productivity. As a result, ML enables companies to improve customer experiences, optimize costs, and scale-up services. The following are automation use cases of ML in finance: Chat-bots Call-center automation Paperwork automation Gamification of employee training, and many more. Financial monitoring It is a security use case for ML in the department of finance. Data scientists train […]