• Financial modeling with machine learning

    Author(s):
    Dharmendra Biswas (see profile)
    Date:
    2021
    Item Type:
    Article
    Tag(s):
    Budgeting, finance
    Permanent URL:
    http://dx.doi.org/10.17613/a9nj-xy93
    Abstract:
    The usage of machine learning in finance has been increased a lot in the past decade. Machine learning is a new methodological innovation. Finance uses many machine learning methods (supervised, unsupervised, reinforcement learning, and others) to solve fundamentally different problems than traditional economic approaches. Process automation is the most appreciated application of machine learning in finance. Machine learning technology can automate repetitive tasks and replace manual labor, as well as increase productivity. Machine learning allows companies to optimize their costs, enhance customer experiences, and scale-up services.
    Metadata:
    Status:
    Published
    Last Updated:
    3 years ago
    License:
    All Rights Reserved

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