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Envision Innovation with AI in Banking

India is set to witness 1.5 lakh new openings for data scientists this year-a a whopping 62 percent increase from 2019 which would lead by the BFSI (banking, financial services, and insurance), along with manufacturing, healthcare, IT, and e-commerce.<br>Visit for more information https://mileseducation.com/ai/iit-roorkee/ai-for-bfsi

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Envision Innovation with AI in Banking

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  1. Envision Innovation with AI in Banking Encouraging technology to revamp the traditional banking and finance processes... AI for BFSI

  2. How we are renovating banks with AI-ML plans Automation with AI application is a new-fangled way to transform finance processes and services- • From streamlining customer data to the optimization of the back office process • Easing all sects of finance operations • Designing ‘bot’s for self-help asset management • Used to fetch valuable insights from a data-pile • Detect anti-money laundering patterns and more... AI for BFSI

  3. Most Awaited technology in finance & how India is reacting to it Institute for Development and Research in Banking Technology (IDRBT), has claimed a strong AI presence- • In combination with cloud computing, IoT (internet of things), blockchain and 5G, will give agility for better customer retention • Involving Microsoft for the successful adoption of AI for accelerated innovation and growth • Perfecting AI readiness for strategy, data management, internal digitisation, talent creation and transaction security AI for BFSI

  4. How the AI penetration in BFSI is claiming professional with automation skills • More than 36 percent of large financial institutions are already investing in AI-ML applications in data analytics and customer service. Whereas 70 percent report that they are planning to in the near future. • The average work experience of AI professionals in India is 7.2 years while 29% of AI professionals have more than 10 years of work experience. • Freshers looking out for AI jobs has also grown 60% from 3,700 last year to 6,000 by the end of 2019. AI for BFSI

  5. Top 5 Reasons to get trained in AI as a future-ready finance professional India is set to witness a whopping 62 per cent increase in AI jobs from 2019 which would lead by the BFSI • Ability to Apply AI to Banking and Finance Domain • Convert Complex Business Problems to Innovative AI Solutions • Learning In-demand Skills like Deep Learning and CNN, Sentiment Analysis and NLP,Chatbots • Proficiency in applying AI at Enterprise Level • Experience in handling Analytics tools to derive insights at managing finance & transactions AI for BFSI

  6. Thanks! For Program infoDo Visit theMiles Education Website! AI for BFSI

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