Risk profiles of financial service portfolio for women segment using machine learning algorithms Chapter in Scopus uri icon

abstract

  • © Springer Nature Switzerland AG 2020.Typically, women are scored with a lower financial risk than men. However, the understanding of variables and indicators that lead to such results, are not fully understood. Furthermore, the stochastic nature of the data makes it difficult to generate a suitable profile to offer an adequate financial portfolio to the women segment. As the amount, variety, and speed of data increases, so too does the uncertainty inherent within, leading to a lack of confidence in the results. In this research, machine learning techniques are used for data analysis. In this way, faster, more accurate results are obtained than in traditional models (such as statistical models or linear programming) in addition to their scalability.

publication date

  • January 1, 2020