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_18

18. Monetizing Finance Machine Learning

Puneet Mathur¹ 

(1)

Bangalore, Karnataka, India

 

In this chapter, I am going to put forward some innovative ideas that can be monetized using machine learning in the financial world. I will also show you some examples where a similar approach has been used and has succeeded. For some of them, there may not be an example now, as they are more future-looking.

The three areas for monetizing are the following:

• Connected banks

• Fly-in financial markets

• Financial asset exchange

In a way, as I will explain further, the concepts of connected retail stores and connected warehouses are linked to each other. ...