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Financial Services
The Evolving Role of Python in Finance and Fintech

The Evolving Role of Python in Finance and Fintech

Business + ManagementFinancial Servicesposted by April Miller May 5, 2022

The financial sector is one of the most promising fields for data science. Data analysis technologies like machine learning have substantial potential in the industry, and the rise of financial technology (fintech) provides even more opportunities for data scientists. As data science operations within finance and... Read more
Hackathon Shows Banking Innovation Potential of Cloud-Deployed Analytics

Hackathon Shows Banking Innovation Potential of Cloud-Deployed Analytics

Business + ManagementFinancial ServicesAzureBankingSASSAS Blogposted by ODSC Community December 14, 2021

The way the pandemic accelerated digital transformation has opened many doors for data science. It forced many normal functions and operations into virtual models that generate streams of data. And since data and AI became synonymous with innovation long before COVID-19, the pandemic effectively accelerated innovation... Read more
Financial Forecasting 101: Why, When, And How

Financial Forecasting 101: Why, When, And How

Financial ServicesModelingposted by ODSC Community May 3, 2021

Financial forecasting is not only applicable for finance (as one might think). You also have to apply it for various product or marketing-related projects. It is the most common type of analysis and often functions as the foundation of getting growth rates for revenue data. You... Read more
Uses of AI in Finance in 2020

Uses of AI in Finance in 2020

Business + ManagementFinancial ServicesFinanceposted by ODSC Team August 6, 2020

AI is becoming increasingly important to the finance industry. Over the past several years, companies in the financial sphere have been integrating AI into their businesses in exciting and innovative ways. Below are just a few examples of how some companies are utilizing AI to improve... Read more
Validating AI & Machine Learning Models—Lessons Learned from the Banking Industry

Validating AI & Machine Learning Models—Lessons Learned from the Banking Industry

Business + ManagementConferencesFinancial ServicesEast 2019posted by Elizabeth Wallace, ODSC April 16, 2020

Sectors that deal with sensitive data are very familiar with compliance standards that require transparency. If you request a loan, the company is required to disclose the reasoning behind your denial or approval. Other regulations, such as the recent GDPR amendment, require companies to disclose how... Read more
How Data Science is Transforming Financial Systems

How Data Science is Transforming Financial Systems

Business + ManagementFinancial ServicesGuest contributorposted by ODSC Community April 8, 2020

Data science has continued to develop at a rapid and given birth to a whole new age of machine learning. Financial tasks have started to see their roles reprised within the business world as more companies move forward with this innovative technology. Businesses are reshaping their... Read more
Which Finance Companies Are Excelling in AI?

Which Finance Companies Are Excelling in AI?

Business + ManagementFinancial Services2020posted by Elizabeth Wallace, ODSC March 19, 2020

Many finance companies are getting some massive help from AI handling things like security, loss prevention, and predictive decision making—think underwriting for mortgages or credit decisions. While AI is making the rounds for many companies and organizations, a few... Read more
A Fiscal State of the Union with Visual Storytelling

A Fiscal State of the Union with Visual Storytelling

Business + ManagementFinancial ServicesGovernmentFinanceGovernmentposted by Jordan Bean March 16, 2020

Visualizing the FY2021 US Government Budget and Current Financial State Have you ever wondered where your tax dollars go? How the government makes money? Recently, President Trump released the FY2021 government budget. Politics takes over as Democrats jump on the massive spending and defense budget as... Read more
Unit Cost Metrics for Customer Churn

Unit Cost Metrics for Customer Churn

Blogs from ODSC SpeakersBusiness + ManagementConferencesFinancial ServicesEast 2020posted by ODSC Community February 21, 2020

Carl is a speaker for ODSC East this April 13-17! Be sure to check out his talk, “Fighting Customer Churn With Data,” at this upcoming event! In this post I’m going to highlight one of the key takeaways from the session I’m planning for ODSC East... Read more
Transaction Data Enrichment, an Opportunity for Financial Wellness

Transaction Data Enrichment, an Opportunity for Financial Wellness

Blogs from ODSC SpeakersBusiness + ManagementConferencesFinancial ServicesBankingconsumer datatransaction data enrichmentposted by Pramod Singh September 10, 2019

Editor’s Note: See Pramod’s talk “Transaction Data Enrichment and Alternative Data: An Opportunity for Business Growth and Risk Mitigation” at ODSC West 2019.  In a recent financial wellness survey of American adults, 58% of respondents said they did not have the financial freedom to enjoy life.... Read more
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