Big Data Analytics Solutions | Financial Services in India |Decimal Point Analysis
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Finance

AI To Assist Bond Traders in Real Time

Named after the ultra-sharp Japanese Samurai sword, ING’s Katana uses the pattern of predictive analytics to help traders decide what price to quote bonds when buying and selling for their clients, based on both historic and real-time data. Katana is designed to combine data visualization with AI algorithms. It brings all relevant information to one screen for the trader to see what they need. This information includes historical trends, current trends, and projected data trends. Katana began as an augmented intelligence platform, and it was first used as a tool to assist traders working specifically inside ING. The problem Katana addresses for market makers is how to respond to requests from clients, especially in bond marketing. Read More

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Finance

AI To Help Save Millions on Airline Related Finance Tasks

Airbus SE has turned to AppZen Inc. for a new technology that utilizes AI to review expense reports. The system developed by AppZen matches reports against a repository of accepted vendors, expense types and amounts to spot anomalies. The technology examines items such as the identity of a vendor, the existence of venues such as a restaurant, the type of expense and the amount. It checks for receipts and it can recognize more than 100 languages. If the report passes muster, it is automatically validated, and payment can be initiated. The system flags noncompliant entries in a report as low, medium or high risk. Read More

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Healthcare

AI To Improve Brain Scan Analysis

Sydney Neuroimaging Analysis Centre (SNAC) is building AI tools to automate laborious analysis tasks in their research workflow, such as isolating brain images from head scans and segmenting brain lesions. SNAC analyses patient MRI and CT scans acquired at clinical sites around the world. With a training dataset of more than 15,000 three-dimensional CT and MRI images, SNAC is building its deep learning algorithms using the PyTorch and TensorFlow frameworks. One of the centre’s AI models automates the time-consuming task of cleaning up MRI images to isolate the brain from other parts of the head, such as the venous sinuses and fluid-filled compartments around the brain. Using the NVIDIA DGX-1 system for inference, SNAC can speed up this process by at least 10x. Read More

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Environment

AI Can Help Improve Air Quality

Breeze Technologies aims to measure and improve sustainable air quality in cities with transparent results. Breeze has developed a comprehensive catalog of measures that helps cities and communities specifically improve the situation on the ground. AI can significantly improve the quality of the measurement data. AI will also be deployed in a predictive maintenance capacity, to forecast when sensors need to be serviced or even replaced and will help make precise predictions about the development of air quality in the future, such as linking weather data to information from its own measuring stations. Read More

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Disaster Management

AI To Help Predict Forest Fires

By leveraging AI to sort and map reams of meteorological data, researchers from the Canadian Forest Service and University of Waterloo want to better predict where forest fires could break out and take hold so firefighting agencies can plan ahead. The team is exploring the potential of neural network software that processes weather patterns and variables like temperature, pressure, humidity and wind speed to create far more detailed maps than currently exist. The researchers are also interested in working with fire managers to develop an application for remotely sensing and mapping data about fuel layers in the forest. Also, updated, richly detailed spatial maps can give fire managers a better feel for how fuel for the fire is structured vertically and horizontally. Read More

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Miscellaneous

AI To Crack Down on Number Plate Cloning

Carsales is using AI to automatically blur the number plates of vehicles listed for sale on its site, reducing the chance of the plates being cloned and used by criminals. The technology has been called ‘Mystique’. Carsales indicated that it had been approached by representatives from Victoria Police’s Vehicle Crime Squad about increasing incidents of number plate cloning, seeking Carsales’ assistance to help combat the issue. According to the company, the first number plates on listings were blurred in late July, with number plates on the details page to follow soon. Read More

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