Machine Learning is spreading in every Field, Finance is now one of the fields in which there will be advancements and these advancements will lead everyone to a better life.
Customer Service :
Below are some of the upcoming advancements in Machine Learning for Finance :
Customer service has been for a long time but what might be the advancements in it.The customer service is gonna change with the help of machine learning, it will solve all of our inquiries easily and accurately and will also advise the financial strategies based on the current scenario of the Finance Market.
Improved Security :
Security is one of the biggest concern for everyone and advancement in it is highly required.There will be no username and passwords you need to remember for the security purposes, there will facial recognition, voice recognition, or other biometric data which will solve the current problems of the security system.
News Analysis :
News Analysis performs a major role in finance everyone uses to watch news about the finance so that it can help them to get the current financial market and advancement in is required.News Analysis is one of the advancements in machine learning which will help the people to get the current stats of the stocks and predicts where to invest and where not to invest.
Recommendations for Financial Products :
Whenever you try to search something on the internet about the finance market, are you satisfied to the result you got maybe not because the search results are not person specific and that’s where recommendations are helpful as they are person specific.Recommendations for Financial Products will be the one the steps which will increase the financial market, using machine learning the recommendations will be shown based on the interest of the user.
These are some Advancements in Machine Learning for Finance and check other blogs of my on Guide to Machine Learning
This is a good book on this topic: https://www.amazon.in/Advances-Financial-Machine-Learning-Marcos/dp/1119482089