Five Applications For Data Science In Finance
Forbes, by Sree Mallikarjun
Published Jan. 10, 2022
Sree Mallikarjun is a Chief Data Scientist at Reorg, a global provider of credit intelligence, data and analytics, and Adjunct Faculty at UVA’s School of Data Science.
Finance is an evergreen field with an abundance of data. There are countless ways to create business opportunities by deriving meaning from financial text documents using novel data science methodologies and approaches.
Data science is a fast-growing field with ever-advancing methodologies and tools. The application of data science in finance can be highly rewarding by not only identifying lucrative opportunities but also identifying financial or credit risks and communicating insights in a timely manner with users to maximize information utility.