Get in Touch

Course Outline

Introduction to Machine Learning in Financial Services

  • Key financial use cases for machine learning.
  • Advantages and complexities of ML in regulated industries.
  • Overview of the Azure Databricks ecosystem.

Preparing Financial Data for Machine Learning

  • Data ingestion from Azure Data Lake or database sources.
  • Data cleansing, feature engineering, and transformation processes.
  • Conducting exploratory data analysis (EDA) using notebooks.

Training and Evaluating Machine Learning Models

  • Data partitioning and algorithm selection strategies.
  • Developing regression and classification models.
  • Assessing model performance using domain-specific financial metrics.

Managing Models with MLflow

  • Experiment tracking through parameters and performance metrics.
  • Model storage, registration, and versioning practices.
  • Ensuring reproducibility and comparing model outcomes.

Deployment and Serving of Machine Learning Models

  • Packaging models for batch processing or real-time inference.
  • Exposing models via REST APIs or Azure ML endpoints.
  • Integrating predictions into financial dashboards or alert systems.

Monitoring and Retraining Pipelines

  • Scheduling regular model retraining with updated data.
  • Tracking data drift and maintaining model accuracy.
  • Automating end-to-end workflows using Databricks Jobs.

Practical Walkthrough: Financial Risk Scoring

  • Developing a risk score model for loan or credit applications.
  • Interpreting predictions to ensure transparency and regulatory compliance.
  • Testing and deploying the model within a controlled environment.

Requirements

  • A solid grasp of fundamental machine learning principles.
  • Proficiency in Python and data analysis techniques.
  • Knowledge of financial data structures or reporting standards.

Target Audience

  • Data scientists and ML engineers operating within financial services.
  • Data analysts advancing their careers into machine learning roles.
  • Technology specialists implementing predictive analytics in the finance industry.
 7 Hours

Upcoming Courses

Related Categories