Machine learning in finance: history, technologies and outlook
In its analysis of over 1,400 use cases from “Eye on Innovation” in Financial Services Awards, Gartner found that machine learning (ML) is the top technology used to empower innovations at financial services firms, with operational efficiency and cost optimisation as key intended business outcomes. ML is a branch of artificial intelligence (AI) that involves the development of algorithms and models capable of automatically learning and improving from data.