The use of artificial intelligence (AI) and machine learning (ML) in decision support has become vital for financial services companies to remain competitive. Appraisal of AI/ML has largely focused on prediction accuracy. We argue the need to look beyond accuracy as the sole determinant for...

We provide a first comprehensive structuring of the literature applying machine learning to finance. We use a probabilistic topic modeling approach to make sense of this diverse body of research spanning across the disciplines of finance, economics, computer sciences, and decision sciences....

We explore how artificial intelligence (AI) and machine learning solutions are transforming risk management. A non-technical overview is first given of the main AI and machine learning techniques of benefit to risk management. Then an analysis, using current practice and empirical evidence, is...