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State-of-the-Art (SOTA) of Vision AI.
Welcome to the 5th edition of DataPanthy. Whilst last week was all about the advances in the State-of-the-Art (SOTA) of Vision AI, this week we’re pivoting to take a look at what’s happening in the financial industry. Technology developments in finance are usually less glamorous than those in fields such as Generative AI, but the impact of these technologies is often far more powerful than others. As has been predicted over the past how-many-or-so years, data science is indeed playing an increasingly pivotal role: driving innovation, efficiency, and security in the financial sector.
DataPanthy
5 minutes
October 16, 2023
DataPanthy #5
DeveLearn
October 16, 2023
From the Editor:
Welcome to the 5th edition of DataPanthy. Whilst last week was all about the advances in the State-of-the-Art (SOTA) of Vision AI, this week we’re pivoting to take a look at what’s happening in the financial industry. Technology developments in finance are usually less glamorous than those in fields such as Generative AI, but the impact of these technologies is often far more powerful than others. As has been predicted over the past how-many-or-so years, data science is indeed playing an increasingly pivotal role: driving innovation, efficiency, and security in the financial sector.
As always, your feedback, questions, and contributions are always welcome, as we strive to provide you with the most valuable and relevant insights in the world of fintech and data science.
Thank you for being a part of our community, and we look forward to the exciting discussions and discoveries that lie ahead.
Highlight of the Week :
Article : India’s fintech sector funding surges 68%, becomes 4th-highest funded startup ecosystem globally.
In the fast-paced world of financial technology, India has once again proven its prowess as a burgeoning FinTech hub. According to a recent report, the third quarter of 2023 witnessed a remarkable surge in FinTech funding, with a staggering 68% increase compared to previous periods. This impressive growth not only highlights India's resilience in the face of economic challenges but also underscores its position as a global leader in the FinTech revolution. This article will delve into the key insights and trends that have fueled this remarkable surge, shedding light on the factors behind India's remarkable FinTech success story.
Headliner :
Article : FinTechs to get self-regulatory organization in 3-6 months.
Fintech companies are on the brink of a groundbreaking transformation. With the collaborative efforts of industry leaders and players, the establishment of a self-regulatory organization (SRO) appears imminent, with a projected timeline of 3-6 months. This significant development is poised to reshape the fintech sector, ushering in a new era of accountability, compliance, and innovation. This article will delve into the details of this impending SRO, exploring its potential implications and the driving forces behind this pivotal initiative.
Unlocking Technical Efficiency in Finance
Article : How Predictive Analysis is Impacting Account Receivables : Forbes
With the entry of predictive analysis in the world of finance and accounting, the role of accounts receivable has undergone a remarkable transformation. Gone are the days of simply managing invoices and payments manually; today, organizations are leveraging the predictive power of data analytics to revolutionize their accounts receivable processes. This shift has not only streamlined operations but has also ushered in a new era of efficiency, accuracy, and profitability. This piece explores the ways in which predictive analysis has redefined how businesses manage their finances and optimize their cash flows.
Resource Spotlight :
In this edition, we shine light on valuable mathematical tools, concepts, and references that can enrich your understanding and passion for mathematics. Whether you're a student, educator, or simply a math enthusiast, join us as we explore the diverse world of mathematical resources that are sure to illuminate your mathematical journey.
Mathematics for Machine Learning Compilation of all great e-resources including MOOC, YouTube Lectures & Books.
Mathematics for Machine Learning - Book One great book for all things math for machine learning.
Featured Job :
Business Analyst
Motilal Oswal Financial Service LTD
Unit No. 601, 6th Floor, Interface, Building No. 07, Malad West, Mumbai - 400064.
Benefits & Perks :
Health insurance
Life insurance
Paid time off
Provident Fund
Requirements :
. Understanding Business Processes.
. Responsible for Gathering Business Requirements from the Business Team.
. Preparing Use Cases based on the requirements.
. Preparing BRS Document of each and every point as per the requirements gathered in an understandable manner.
. Preparing Wire-Frames (Screens) based on the requirements.
. Presenting the prepared BRS Document to the Business Team.
· Discussing the prepared BRS Document with IT Development Team.
· Preparing Business Scenarios/Test Cases based on the BRS Document.
· UAT Testing of released Project and raising issues to IT Development Team for resolution.
· Discuss and Prepare for Project Deployment on LIVE Environment.Monitor and provide Live support to users at initial level in case of any LIVE issues.
Job Type: Full-time
Salary: ₹400,000 - ₹700,000 per year
Schedule : Day shift
Supplemental pay types : Yearly bonus
Ability to commute/relocate : Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (Required)
Education : Bachelor's (Preferred)
Experience : Business analysis: 1 year (Required)
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