Book Image

Machine Learning for Finance

By : Jannes Klaas
Book Image

Machine Learning for Finance

By: Jannes Klaas

Overview of this book

Machine Learning for Finance explores new advances in machine learning and shows how they can be applied across the financial sector, including insurance, transactions, and lending. This book explains the concepts and algorithms behind the main machine learning techniques and provides example Python code for implementing the models yourself. The book is based on Jannes Klaas’ experience of running machine learning training courses for financial professionals. Rather than providing ready-made financial algorithms, the book focuses on advanced machine learning concepts and ideas that can be applied in a wide variety of ways. The book systematically explains how machine learning works on structured data, text, images, and time series. You'll cover generative adversarial learning, reinforcement learning, debugging, and launching machine learning products. Later chapters will discuss how to fight bias in machine learning. The book ends with an exploration of Bayesian inference and probabilistic programming.
Table of Contents (15 chapters)
Machine Learning for Finance
Contributors
Preface
Other Books You May Enjoy
Index

Exercises


Fashion MNIST is a drop-in replacement for MNIST, but instead of handwritten digits, it is about classifying clothes. Try out the techniques we have used in this chapter on Fashion MNIST. How do they work together? What gives good results? You can find the dataset on Kaggle at https://www.kaggle.com/zalando-research/fashionmnist.

Take on the whale recognition challenge and read the top kernels and discussion posts. The link can be found here: https://www.kaggle.com/c/whale-categorization-playground. The task of recognizing whales by their fluke is similar to recognizing humans by their face. There are good kernels showing off bounding boxes as well as Siamese networks. We have not covered all the technical tools needed to solve the task yet, so do not worry about the code in detail but instead focus on the concepts shown.