Overcoming Legacy and More Stringent Regulation in the Financial Industry with Data Science

Overcoming Legacy and More Stringent Regulation in the Financial Industry with Data Science

March 24, 2019

Regarding data science, there are a couple of important areas where the financial services industry is particularly interested.  It’s all about understanding.

The first area to observe in the financial sector has to do with risk. Data science can help financial institutions adhere to compliance standards, and/or credit control detection, for example.

The second area surrounds the customer. Data science can provide insight to better understand the customer, their individual desires and pain points. All organizations, such as banking or B2B, want to better understand the customer while exploring new avenues for business growth.

Read the article “Overcoming Legacy and More Stringent Regulation in the Financial Industry with Data Science” on Information Age featuring Ryohei Fujimaki, dotData CEO and founder.

dotData

dotData Inc.

dotData Automated Feature Engineering powers our full-cycle data science automation platform to help enterprise organizations accelerate ML and AI projects and deliver more business value by automating the hardest part of the data science and AI process – feature engineering and operationalization. Learn more at dotdata.com, and join us on Twitter and LinkedIn.