Filip Stachura, CEO at Appsilon Data Science spoke on Fintech Open Mic Night - Credit Scoring. Traditional credit scoring used financial history and basic info about the prospective borrower: job, address and so forth. The abundance of data fueled by the emergence of data-collecting companies opened completely new sources of information for risk managers. Optimal credit scoring model of today could use very large sets of data from a variety of sources and look for relationships among previously unnoticed areas and factors. This can lead to better allocation of lending capital and greater financial inclusion, as a consequence. Appsilon stands at the edge of discovery exploring new appliances of data science methodologies & tools in finance - hope you will enjoy our video. https://appsilon.com/appsilon-ceo-filip-stachura-talked-about-data-science-in-finance/

1. Successful ML projects in Fintech
Filip Stachura CEO
Credit Scoring – Open Mic Night
4 October 2017

2. Our clients

3. Appsilon Stack
END 2 END SOLUTION
Allows for reproducible
research and running analytics
in the production environment.
PLATFORM
This can be an API or a dashboard.
Interactive dashboards are a perfect
decision support systems.
INTERFACE
Acquisition and governance.
Make sure not to put garbage
into your models.
DATA
Range from linear models, up to
deep learning model.
MODELS

4. Data Science in
Finance
• Credit scoring
• Fraud detection
• Sentiment Analysis
• Predictive Analytics
• Underwriting
• Customer Service
• Product
Recommendations

5. Defining
Success

6. High accuracy, speed, automation leads to Business Advantage.
To keep advantage we need constant improvements.

7. oConstant improvements :
oSCRUM
oIterations
oUnknown unknowns

8. High Accuracy requires
High Quality:
oData Governance
oCode review
oReproducible

10. Regulations:
oDashboards

11. Regulations:
oDashboards

12. Be careful with:
o Fixed _______
o Getting off track
o Data Quality

13. Questions!
http://appsilondatascience.com/finance-and-insurance
http://appsilondatascience.com/blog
@filipstachura