Using machine learning to make predictions during an uncertain time

Businesses typically plan for anywhere from six months to one year ahead, but with the pandemic upending many aspects of life and the economy, the outlook for even the next month, or even week, can be unclear. Scotiabank’s analytics and risk experts in Global Risk Management have found a way to leverage machine learning to make short-term predictions and use those insights to tailor their solutions and provide assistance to clients as they navigate through these challenging conditions.

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