FinServ Ramps Up Machine Learning

https://www.marketsmedia.com/finance-to-increase-machine-learning-use/

Shanny Basar – The study said firms were using machine learning in cases ranging from equity trading to optimize order-routing and deal execution to anti-money laundering where the technology is used to analyse millions of documents for ‘know-your-customer’ checks. Insurance and banking had the most live cases in the sample with the median bank having 5.5 machine learning applications.

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