Finance & Accounting

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• Case Studies
  • Market Trading
  • Economics
  • Banking
• Improper Payments
• Backtesting
• Deepindex.org list
• Request for Information and Comment on Financial Institutions' Use of Artificial Intelligence, Including Machine Learning A Notice by the Comptroller of the Currency, the Federal Reserve System, the Federal Deposit Insurance Corporation, the Consumer Financial Protection Bureau, and the National Credit Union Administration on 03/31/2021
• Touchless Invoice Processing with AutoVouch
• Facial Recognition in Banking – Current Applications | Niccolo Mejia
• AI in Accounting: How Artificial Intelligence & Machine Learning Technology Has Changed the Industry | Faith Kubicki
• FINRA Technology | Dmytro Dolgopolov
• AI and ML in Financial Services Compliance Management: Use Cases for the Regulators
• Hitachi's H big data analysis engine; determine correlations, which can inform business decisions, forecasting, fraud detection, pricing | Bernard Marr - Forbes
• AI Startups in Auto Lending – 2 Well-Funded Examples | Niccolo Mejia - Emero
  • Zest ZAML - the only way to get your ML credit models from the lab to production. Reduce losses. Increase approvals. Fast.
  • Lendbuzz offers loans directly to consumers
• Areas where AI can contribute to compliance efficiency and effectiveness. | Pinchas These include:
  • NLP solutions can ‘read’ documents and perform a range of tasks including extracting metadata, identifying entities that are referred to, and ‘understanding’ the intent or purpose of specific parts of the document.
  • Know Your Customer Process – AI’s ability to analyze the vast amount of data and find patterns can create a more streamlined KYC process. By using algorithmic machine learning models, firms can generate risk profiles of individuals in just minutes.
  • Money Laundering Detection – Using AI, firms can evaluate monitoring reports, news items, and regulatory alerts, and further analyze those that indicate the highest risk exposures.
  • Rogue Employee Detection -AI can be used to identify employees that create fake accounts by tracking multiple accounts using the same email or IP address.
  • Trade Monitoring – Through AI, regulatory bodies can learn traders’ personalities and behavior which increase the precision of identifying suspicious trading.

Digital Evolution: Financial Planning & Analysis

Application of ChatGPT

• Application of ChatGPT to Build an FP&A Tool | Glenn Hopper - GitHub
• A startup CFO used ChatGPT to build an FP&A tool—here’s how it went | Sheryl Estrada - Fortune
• Deep Finance: Corporate Finance in the Information Age | Glenn Hopper; finance professional and tech evangelist - Amazon
• FP&A Today, Episode 47, Glenn Hopper: Using ChatGPT to Build an FP&A tool and What Happened Next | Jonathan Marciano - DataRails

Course

• Using Chat GPT and AI for Finance and FP&A | Christian Martinez - Maven

Fraud Detection

• Embedding: Search ... Clustering ... Recommendation ... Anomaly Detection ... Classification ... Dimensional Reduction ... ...find outliers

Corporate Performance Management (CPM)

Corporate Performance Management (CPM) is an umbrella term that describes the methodologies, metrics, processes, and systems used to monitor and manage the business performance of an enterprise. CPM solutions are designed to help organizations align their strategies and goals to their plans and executions to control the success of the organization. CPM software includes forecasting, budgeting, and planning functions, as well as graphical scorecards and dashboards to display and deliver corporate information. CPM must be supported by a suite of analytical applications that provide the functionality to support these processes, methodologies, and metrics. Some of the different strategic frameworks and management methods used in CPM include the balanced scorecard, Six Sigma, and the European Foundation for Quality Management (EFQM) excellence model. CPM solutions can streamline data integration across organizations while giving administrators and managers the power to define workflows to optimize efficiency. CPM solutions can help organizations ensure that all financial needs for optimal business operation are met, involving financial budgeting, planning, modeling, data congregating, and more.

OneStream

OneStream's CPM solution is designed to automate the annual close and quarterly financial reporting processes, improve financial data quality, and provide real-time visibility into financial performance. The solution can help DoD and other government agencies to improve their financial reporting, budgeting, planning, and forecasting processes. OneStream's CPM solution is also FedRAMP compliant, which means that it meets the rigorous security and compliance requirements of the Federal Risk and Authorization Management Program (FedRAMP); making it a suitable solution for government agencies that need to comply with FedRAMP requirements.