Munich – With the new release of its early warning system Risk Guard RSU is becoming one of the first financial service providers in Germany to use machine learning in an operational risk management system. Complementing existing models, new algorithms enable the system to analyse reports from nearly 300 newspapers and journals for information about changes in creditworthiness of German companies.“The model was developed using the Supervised Machine Learning approach”, says Carsten Demski, head of…

Source: RealWire

from Albert Sherrill Investment Blog http://www.realwire.com/releases/AI-Reads-Newspapers-and-Monitors-Credit-Risk