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You're reading from  The Machine Learning Solutions Architect Handbook

Product typeBook
Published inJan 2022
Reading LevelBeginner
PublisherPackt
ISBN-139781801072168
Edition1st Edition
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David Ping
David Ping
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David Ping

David Ping is an accomplished author and industry expert with over 28 years of experience in the field of data science and technology. He currently serves as the leader of a team of highly skilled data scientists and AI/ML solutions architects at AWS. In this role, he assists organizations worldwide in designing and implementing impactful AI/ML solutions to drive business success. David's extensive expertise spans a range of technical domains, including data science, ML solution and platform design, data management, AI risk, and AI governance. Prior to joining AWS, David held positions in renowned organizations such as JPMorgan, Credit Suisse, and Intel Corporation, where he contributed to the advancements of science and technology through engineering and leadership roles. With his wealth of experience and diverse skill set, David brings a unique perspective and invaluable insights to the field of AI/ML.
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ML use cases in financial services

The Financial Services Industry (FSI), one of the most technologically savvy industries, is a front-runner in ML investment and adoption. Over the last several years, I have seen a wide range of ML solutions being adopted across different business functions within financial services. In capital markets, ML is being used in front, middle, and back offices to support investment decisions, trade optimization, risk management, and transaction settlement processing. In insurance, carriers are using ML to streamline underwriting, prevent fraud, and automate claim management. And banks are using ML to improve customer experience, combat fraud, and make loan approval decisions. Next, we will discuss several core business areas within financial services and how ML can be used to solve some of these business challenges.

Capital markets front office

In finance, the front office is the business area that directly generates revenue and mainly consists of...

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The Machine Learning Solutions Architect Handbook
Published in: Jan 2022Publisher: PacktISBN-13: 9781801072168

Author (1)

author image
David Ping

David Ping is an accomplished author and industry expert with over 28 years of experience in the field of data science and technology. He currently serves as the leader of a team of highly skilled data scientists and AI/ML solutions architects at AWS. In this role, he assists organizations worldwide in designing and implementing impactful AI/ML solutions to drive business success. David's extensive expertise spans a range of technical domains, including data science, ML solution and platform design, data management, AI risk, and AI governance. Prior to joining AWS, David held positions in renowned organizations such as JPMorgan, Credit Suisse, and Intel Corporation, where he contributed to the advancements of science and technology through engineering and leadership roles. With his wealth of experience and diverse skill set, David brings a unique perspective and invaluable insights to the field of AI/ML.
Read more about David Ping