Fouad Yousif, Dhruv Mayank, Zain Abbas
7:05pm: Big Data & AI in Finance ft. RBC, ATB Financial, & Scotiabank
AI is utilized by financial institutions in various ways to improve their operations. Its diverse applications affect both the sell side which include investment banking & stockbrokers, as well as the buy side, which include asset managers & hedge funds. In this talk, we’ll dive into how various financial services leverage machine learning, alternative data sets, & other advanced analytics to tackle issues such as credit decisions, risk management, fraud prevention, trading, personalized banking, process automation, & more. We’ll touch on use cases, the impact of big data, & the benefits of that big data and AI can bring to financial services.
Zain is working as a Sr. Data Scientist at the Customer Insights, Data & Analytics group at Scotiabank. He uses data to help the bank meet its strategic ‘customer-first’ objective. Zain leverages ML & other advanced analytics to enhance Scotiabank’s knowledge about its customers & deliver a better customer experience. He has a PhD in Soft Computing and worked in academia before starting the current role.
Dhruv is a data scientist on ATB Financial’s AI R&D team. He studied machine learning for financial engineering at the University of Toronto’s Engineering Science program & started his career in data science at Sysomos. There, he focused on NLP for sentiment analysis on Twitter data, which he also extended to the topic of his thesis. After graduating, he worked at Deloitte, helping Canadian companies automate their accounting processes. Dhruv also developed a model & app for predicting the replaceability of jobs to automation and the gig economy. At ATB, his team sits on the cutting edge, trying to push the boundary of how ML can be used in the financial services industry.