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You're reading from  Hands-On Artificial Intelligence for Banking

Product typeBook
Published inJul 2020
Reading LevelIntermediate
PublisherPackt
ISBN-139781788830782
Edition1st Edition
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Authors (2):
Jeffrey Ng
Jeffrey Ng
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Jeffrey Ng

Jeffrey Ng, CFA, works at Ping An OneConnect Bank (Hong Kong) Limited as Head of FinTech Solutions. His mandate is to advance the use of AI in banking and financial ecosystems. Prior to this, he headed up the data lab of BNP Paribas Asia Pacific, which constructed an AI and data analytics solution for business, and was the vice-chair of the French Chamber of Commerce's FinTech Committee in Hong Kong. In 2010, as one of the pioneers in applying client analytics to investment banking, he built the analytics team for the bank. He has undertaken AI projects in retail and commercial banks with PwC Consulting and GE Money. He graduated from Hong Kong Polytechnic University in computing and management and holds an MBA in finance from the Chinese University of Hong Kong.
Read more about Jeffrey Ng

Subhash Shah
Subhash Shah
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Subhash Shah

Subhash Shah is an experienced solution architect. With 14 years of experience in software development, he works as an independent technical consultant now. He is an advocate of open source development and its utilization in solving critical business problems. His interests include Microservices architecture, Enterprise solutions, Machine Learning, Integrations and Databases. He is an admirer of quality code and test-driven development (TDD). His technical skills include translating business requirements into scalable architecture and designing sustainable solutions. He is a co-author of Hands-On High Performance with Spring 5, Hands-On AI for Banking and MySQL 8 Administrator's Guide. He has also been a technical reviewer for other books.
Read more about Subhash Shah

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Where to look for more use cases

AI applications listed in this book largely focus on front-office banking services; the back-office processing jobs are not covered in any great detail. Stepping back, where should you look out for opportunities in case you wish to start your own project?

  • Long hours; boring job: Boring means repetitive, and that's where machines thrive and data is rich.
  • Large labor force: When it comes to business cases, it is easy to look for jobs that have high levels of employment. This means a huge business potential and easy-to-justify implementation. This constitutes a huge challenge for HR professionals.
  • High pay: If we were to make finance accessible, can we make these highly paid jobs even more productive? In the case of investment bankers, security structurers, and hedge fund traders, how can their non-productive time be reduced?
  • Unique dataset: If the dataset is not accessible to outsiders, the chance...
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Hands-On Artificial Intelligence for Banking
Published in: Jul 2020Publisher: PacktISBN-13: 9781788830782

Authors (2)

author image
Jeffrey Ng

Jeffrey Ng, CFA, works at Ping An OneConnect Bank (Hong Kong) Limited as Head of FinTech Solutions. His mandate is to advance the use of AI in banking and financial ecosystems. Prior to this, he headed up the data lab of BNP Paribas Asia Pacific, which constructed an AI and data analytics solution for business, and was the vice-chair of the French Chamber of Commerce's FinTech Committee in Hong Kong. In 2010, as one of the pioneers in applying client analytics to investment banking, he built the analytics team for the bank. He has undertaken AI projects in retail and commercial banks with PwC Consulting and GE Money. He graduated from Hong Kong Polytechnic University in computing and management and holds an MBA in finance from the Chinese University of Hong Kong.
Read more about Jeffrey Ng

author image
Subhash Shah

Subhash Shah is an experienced solution architect. With 14 years of experience in software development, he works as an independent technical consultant now. He is an advocate of open source development and its utilization in solving critical business problems. His interests include Microservices architecture, Enterprise solutions, Machine Learning, Integrations and Databases. He is an admirer of quality code and test-driven development (TDD). His technical skills include translating business requirements into scalable architecture and designing sustainable solutions. He is a co-author of Hands-On High Performance with Spring 5, Hands-On AI for Banking and MySQL 8 Administrator's Guide. He has also been a technical reviewer for other books.
Read more about Subhash Shah