I am wworking at Yapı Kredi as a Business Analyst. Business analysts typically take the role in Assisting with the business case, Planning and monitoring, Eliciting requirements , Requirements organization ,Translating and simplifying requirements , Requirements management and communication ,Requirements analysis. A Skilled business analysts also use requirements to drive the design or review of test cases, process change requests, and manage a project’s scope, acceptance, installation and deployment.
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At rstudio conference 2018 J.J. Allaire's talk was about R interface to TensorFlow ,a suite of packages that provide high-level interfaces to deep learning models and standard regression and classification models, as well as tools for cloud training, experiment management, and production deployment. The talk also discusses deep learning more broadly (what it is, how it works, and where it might be relevant to users of R in the years ahead).
Machine Learning with R and TensorFlow
R can be used to minimize the risk in the banking industry. The bank executives want to know whether the customers they are dealing with are suitable, reliable or not. By offering the new customers credit cards, extending the existing customers lines of credit, and approving the loans can be risky decisions for banks as they do not know much about their customers. The data mining can also be used to minimize the risk that issue credit cards by considering those customers who are defaulters on their accounts.
Role of Business Analytics in Digital Banking
We can analyse services and benefits would current customers likely desire to increase loyalty and customer retention.
4 ways to Improve Customer Loyalty By Applying Data Analytics
Analytics turn data into valuable insights, improving the way banks market products, budget and plan for the future.The banking industry is built on risk, so every loan and investment needs to be evaluated. BI tools can give banks new insights into their systems, transactions, customers and environments to help them avoid certain risks.