Ten Applications of Financial Machine Learning
Posted: 22 Apr 2019
Date Written: August 15, 2018
This article describes ten notable financial applications where ML has moved beyond hype and proven its usefulness. This success does not mean that the use of ML in finance does not face important challenges. The main conclusion is that there is a strong case for applying ML to current financial problems, and that financial ML has a promising future ahead.
Keywords: machine learning, econometrics, financial economics, artificial intelligence
JEL Classification: G0, G1, G2, G15, G24, E44
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