Search icon CANCEL
Arrow left icon
Explore Products
Best Sellers
New Releases
Books
Videos
Audiobooks
Learning Hub
Conferences
Free Learning
Arrow right icon
Arrow up icon
GO TO TOP
Machine Learning for Finance

You're reading from   Machine Learning for Finance Principles and practice for financial insiders

Arrow left icon
Product type Paperback
Published in May 2019
Publisher Packt
ISBN-13 9781789136364
Length 456 pages
Edition 1st Edition
Languages
Arrow right icon
Authors (2):
Arrow left icon
Jannes Klaas Jannes Klaas
Author Profile Icon Jannes Klaas
Jannes Klaas
James Le James Le
Author Profile Icon James Le
James Le
Arrow right icon
View More author details
Toc

Table of Contents (15) Chapters Close

Machine Learning for Finance
Contributors
Preface
Other Books You May Enjoy
1. Neural Networks and Gradient-Based Optimization 2. Applying Machine Learning to Structured Data FREE CHAPTER 3. Utilizing Computer Vision 4. Understanding Time Series 5. Parsing Textual Data with Natural Language Processing 6. Using Generative Models 7. Reinforcement Learning for Financial Markets 8. Privacy, Debugging, and Launching Your Products 9. Fighting Bias 10. Bayesian Inference and Probabilistic Programming Index

E2E modeling


Our current approach relies on engineered features. As we discussed at the start of this chapter, an alternative method is E2E modeling. In E2E modeling, both raw and unstructured data about a transaction is used. This could include the description text of a transfer, video feeds from cameras monitoring a cash machine, or other sources of data. E2E is often more successful than feature engineering, provided that you have enough data available.

To get valid results, and to successfully train the data with an E2E model it can take millions of examples. Yet, often this is the only way to gain an acceptable result, especially when it is hard to codify the rules for something. Humans can recognize things in images well, but it is hard to come up with exact rules that distinguish things, which is where E2E shines.

In the dataset used for this chapter, we do not have access to more data, but the rest of the chapters of this book demonstrate various E2E models.

You have been reading a chapter from
Machine Learning for Finance
Published in: May 2019
Publisher: Packt
ISBN-13: 9781789136364
Register for a free Packt account to unlock a world of extra content!
A free Packt account unlocks extra newsletters, articles, discounted offers, and much more. Start advancing your knowledge today.
Unlock this book and the full library FREE for 7 days
Get unlimited access to 7000+ expert-authored eBooks and videos courses covering every tech area you can think of
Renews at €18.99/month. Cancel anytime