Technologies such as big data analytics, neural networks, evolutionary algorithms, and machine learning have revolutionized financial services over the past 20 years. Now, fintech is on the verge of a truly revolutionary moment with the integration of artificial intelligence and deep learning into financial services.
Deep learning is a branch of machine learning based on a set of algorithms that attempt to model high-level abstractions in data. Essentially, it is where a machine uses matrices of artificial neurons to scan through information, look for patterns and make decisions, much like how the human brain operates but at a much faster pace.
Already, deep learning has been applied to many areas of finance. For instance, fintech startup Unfraud leverages artificial intelligence and deep learning technology to analyze big data and prevent online fraud. Another company, Binatix is a deep learning-based trading firm that has developed machine learning algorithms to gather analytic edge in trading.
New York-based Dataminr is a leading real-time information discovery company. Using machine learning algorithms, it transforms real-time data from Twitter and other public sources into actionable signals for clients in the financial sector.
Artificial intelligence, robots and automation will offer new opportunities for human endeavor and new markets will follow. Also Finance Chatbots is a hot topic, some promising example can be found in this blogpost by Strand.
The Deep Learning in Finance Summit in Singapore on April 27 and 28, 2017, will discuss the opportunities and challenges that machine learning and artificial intelligence bring to the financial services industry.
The conference will dive into the most recent advances in the field and feature some of the world’s leading innovators across industry, research and the financial sector.
The event will host over 20 unique speakers, who are experts in the field, and over 200 attendees. So far, confirmed speakers include representatives from BNP Paribas, HSBC, Commerzbank, AXA Data Innovation Lab, NTUC Income, National University of Singapore, Axis Bank Innovation Lab, Societe General and Lion & WSU.
Topics such as financial forecasting, risk prevention, algorithmic trading, financial compliance and artificial intelligence will be addressed in an exciting line-up of presentations and panels.
Explore the latest technology trends and innovations and register with the discount code FINTECHSG to get 20% off.
More information is available on http://bit.ly/2lP1EIb.
Featured image by mistery via Shutterstock.com.