Ten Applications of Financial Machine Learning

16 Pages Posted: 22 Apr 2019 Last revised: 1 Oct 2019

See all articles by Marcos Lopez de Prado

Marcos Lopez de Prado

Cornell University - Operations Research & Industrial Engineering; Abu Dhabi Investment Authority; True Positive Technologies

Date Written: September 22, 2019

Abstract

This article reviews ten notable financial applications where ML has moved beyond hype and proven its usefulness. This success does not mean that the use of ML in finance does not face important challenges. The main conclusion is that there is a strong case for applying ML to current financial problems, and that financial ML has a promising future ahead.

For a presentation on this topic, see https://ssrn.com/abstract=3197726.

Keywords: machine learning, econometrics, financial economics, artificial intelligence

JEL Classification: G0, G1, G2, G15, G24, E44

Suggested Citation

López de Prado, Marcos and López de Prado, Marcos, Ten Applications of Financial Machine Learning (September 22, 2019). Available at SSRN: https://ssrn.com/abstract=3365271 or http://dx.doi.org/10.2139/ssrn.3365271

Marcos López de Prado (Contact Author)

Cornell University - Operations Research & Industrial Engineering ( email )

237 Rhodes Hall
Ithaca, NY 14853
United States

HOME PAGE: http://www.orie.cornell.edu

Abu Dhabi Investment Authority ( email )

211 Corniche Road
Abu Dhabi, Abu Dhabi PO Box3600
United Arab Emirates

HOME PAGE: http://www.adia.ae

True Positive Technologies ( email )

NY
United States

HOME PAGE: http://www.truepositive.com

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