Machine Learning Applications Using Python: Cases Studies from Healthcare, Retail, and Finance

© Puneet Mathur 2019

Puneet MathurMachine Learning Applications Using Pythonhttps://doi.org/10.1007/978-1-4842-3787-8_17

17. Pitfalls to Avoid with Machine Learning in Finance

Puneet Mathur¹ 

(1)

Bangalore, Karnataka, India

 

This chapter is about pitfalls that an organization can encounter while using machine learning technology in the finance sector. Throughout the finance section, we have looked at some of the challenges that this sector faces; however, in this chapter we are going to look at the two pitfalls that any organization wanting to implement machine learning for its financial operations can avoid. The two pitfalls are extremely important for this sector, and the financial experts I surveyed were also equivocal in ascertaining that these ...