AI and Machine Learning in Finance

Instructor: Mr. Vikram Limaye, Mr. Hariom, NSE India

 

The “AI and Machine Learning in Finance | NSE Knowledge Builder Series” webinar, organized by NSE’s ISP Trading Lab, delved into the applications and implications of artificial intelligence (AI) and machine learning (ML) in the financial sector. The session, introduced by managing director and CEO Mr. Vikram Limaye, highlighted NSE’s pioneering role in digital transformation within India’s capital markets and its focus on research in securities trading and financial markets. The discussion, led by Mr. Hariom, a seasoned professional with experience in global investment banks and co-author of “Machine Learning and Data Science Blueprints for Finance,” explored various aspects of AI and ML in finance, including predictive modeling, risk management, and algorithmic trading. The conversation touched upon use cases such as fraud detection, algorithmic trading, and digital payments, emphasizing the transformative potential of AI and ML in enhancing efficiency, inclusivity, and personalized financial services. However, challenges such as talent scarcity, interpretability, and regulatory concerns were also addressed, underscoring the need for responsible adoption and regulation in leveraging AI and ML for financial innovation. The webinar concluded with insights into the future trajectory of AI and ML adoption in finance, highlighting the convergence of technology and regulatory frameworks in shaping the future landscape of financial services.