This book contains detailed information about finance and machine learning as the usage of machine learning is increasing. It has put its hands on the finance industry also finance is very important in our lives you will come to know after reading this book. Also, finance industries face some challenges, such as increasing competition, Cultural shifts, regulatory compliance, etc., which need to be overcome to avoid loss.
The financial sector is a very large sector that consists of various types of services that run for our benefit. Understanding them is very important for making the right use of money. To make these things faster and resolve the challenges easier, machine learning has been introduced to the financial sector, also called financial machine learning. Financial technology, known as fintech, is a very popular concept where machine learning models and various new technologies are used for financial purposes. The emerging technologies such as hybrid cloud servers, blockchain, AI, robotic process automation, data analytics, etc., are explained in this book, where you can find the important role of these technologies in finance. By using machine learning models finance industry achieves benefits in fields such as algorithm trading fraud detection and many more you will find in the book. Due to these, there is a great demand for machine learning or AI experts in the finance industry; therefore, now the finance industry is limited to accounting and money, and technology. Hence, it is necessary to understand this to cope with this tech world, and this book will open the doors of technology for you.
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