About Dawid Nguyen

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Entries by Dawid Nguyen

AI solutions are boosting value in banking

August 10, 2020 in Blog posts, Machine learning /by Dawid Nguyen

According to research done by Business Insider Intelligence, banks can benefit by $447 billion by 2023 applying Artificial Intelligence. No wonder artificial intelligence is playing an increasingly important role in financial institutions’ roadmap for the coming years – 75% of banks with over $100 billion in assets already have AI strategies in place.

Using Machine Learning in credit risk modelling to reduce risk costs

July 16, 2020 in Blog posts, Data science, Machine learning /by Dawid Nguyen

Cost of risk is one of the biggest components in banks’ cost structure. Thus, even a slight improvement in credit risk modelling can translate in huge savings. That’s why Machine Learning is often implemented in this area.