• Post Reply Bookmark Topic Watch Topic
  • New Topic
programming forums Java Mobile Certification Databases Caching Books Engineering Micro Controllers OS Languages Paradigms IDEs Build Tools Frameworks Application Servers Open Source This Site Careers Other Pie Elite all forums
this forum made possible by our volunteer staff, including ...
Marshals:
  • Campbell Ritchie
  • Ron McLeod
  • Paul Clapham
  • Jeanne Boyarsky
  • Bear Bibeault
Sheriffs:
  • Rob Spoor
  • Henry Wong
  • Liutauras Vilda
Saloon Keepers:
  • Tim Moores
  • Carey Brown
  • Stephan van Hulst
  • Tim Holloway
  • Piet Souris
Bartenders:
  • Frits Walraven
  • Himai Minh
  • Jj Roberts

Pragmatic AI : AI for finance

 
Ranch Hand
Posts: 37
  • Mark post as helpful
  • send pies
    Number of slices to send:
    Optional 'thank-you' note:
  • Quote
  • Report post to moderator
Can this book help me in learning the introductory lessons in artificial intelligence with respect to fraud detection, algorithmic trading, underwriting etc. in finance industry ? If yes, does it explain the same using real-life scenarios?
 
Greenhorn
Posts: 22
5
  • Mark post as helpful
  • send pies
    Number of slices to send:
    Optional 'thank-you' note:
  • Quote
  • Report post to moderator
Yes, I think a lot of the examples in the book could be helpful in thinking about AI in finance.  I show how straightforward it is to use AI Natural Language APIS from cloud vendors like:  AWS, Azure and GP.  I also have some examples that show how to collect data from APIS and also scrape data.  An easy AI application would be to look at the sentiment of news and message boards about an individual stock.  

For example is a message board full of negative sentiment?  This could mean a couple of things:  

A.  The stock is going to have a tough time
B.  There are some fraud detection that could alert the company of an organized effort to short the stock.

This could be coded up very quickly with a pragmatic AI approach.
 
M Mohile
Ranch Hand
Posts: 37
  • Mark post as helpful
  • send pies
    Number of slices to send:
    Optional 'thank-you' note:
  • Quote
  • Report post to moderator
That was indeed helpful.
 
Goodbye moon men. Hello tiny ad:
SKIP - a book about connecting industrious people with elderly land owners
https://coderanch.com/t/skip-book
reply
    Bookmark Topic Watch Topic
  • New Topic