Artificial intelligence (AI) IN FINANCE

Hye guys hope you all are doing good .

So today i will tell you all about how artificial intelligence /AI can help in finance .

But before that lets know what is Artificial Intelligence???

Artificial intelligence is the branch of computer science that helps in developmemt of intelligence machines ,that think and work like us ,humans .

Example -speech recognition ,problem solving ,learning and planning.

So how does Ai helps in Finance or how can it be helpful in finance ???

AI in finance helps financial industry in streamlining and optimizing processes ranging from credit decisions to quantitative trading and financial risk management-

Lets take some examples to understand it easily---

1. AI helps in credit decisions by providing solutions to help banks and credit lenders to make smart decisions by utilizing various factors .

2. It helps in time saving that used to get delay while operating manually.

3.Al helps in cutting costs that is labour etc.

4.AI helps in quantitative trading by analyzing large ,complex data ,faster and more effectively than human beings .making the work easy and simpler.

5. It provides peronalized banking experience to users.

6. It helps in preventing cyber attacks ,cyber security and prevent detection , (shape security is the example.)

7.It helps in risk assessment too.

This is the brief on how AI /artificial intelligence can help in finance sector 

Thanks