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AI in Banking: 5 Applications of Artificial Intelligence in Banking

Edureka

The banking industry is at the forefront of integrating AI, one of its many transformational uses. Today, we explore the top five ground-breaking uses of artificial intelligence in banking as we delve into the realm of money. This enables banks to quickly investigate and take the necessary action.

Banking 40
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Is Your Financial Services Organization Ready to Leverage Generative AI?

Snowflake

According to IDC , “Ultimately, gen AI will be widely adopted only if the data, models and applications that use them are trusted by end users and customers.” Here’s how a robust data strategy can help your financial services organization overcome the barriers and blocks to gain a competitive edge with gen AI.

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How Financial Services Companies Optimize Quantitative Research with the Snowflake Data Cloud 

Snowflake

In a recent Nasdaq survey , more than half (60%) of dissatisfied quantitative portfolio managers complained about an inability to quickly test new data sets. It’s clear that traditional asset managers and hedge funds need to drive greater efficiencies in portfolio construction, trade implementation, and risk mitigation.

Cloud 52
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Top 13 Career Options after BBA [2024]

Knowledge Hut

It enhances the students' abilities in Administration, Banking, Finance, Marketing , or Sales. The MBA course allows you to upskill your leadership roles in various sectors, including Banking, Finances, Sales, and many more. PG Diploma in Banking A PG Diploma in Banking can prepare students for a wide range of banking careers.

Banking 52
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Business Analytics Future: Exploring Trends and Opportunities

Knowledge Hut

Search-Based Discovery Tools Search-based discovery tools allow users to utilize search terms in order to create and improve views and perform analysis of both structured and unstructured data. Business analysts perform the process of making a portfolio of potential candidates who may prove to be an asset to the company.

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Data Science for Finance: Benefits, Applications, Examples

Knowledge Hut

Data Science can be described as a domain that applies advanced analytics, statistics and scientific principle for extracting valuable information and deriving valuable conclusions from structured or unstructured data. Terms like Machine Learning and Artificial Intelligence are often used in data science.

Finance 93
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Real-World Use Cases of Big Data That Drive Business Success

Knowledge Hut

Retailers may improve inventory management, logistics, savings, and supply chain efficiency by analyzing data from suppliers, distribution centers, transportation routes, and client demand. For example, social networks like Twitter perform sentiment analysis around the clock to identify the intent behind what people tweet.