Description
Data Science and Artificial Intelligence for Operations Department in Financial Institutions provides a practical guide to transforming financial back-office functions. The book explains Robotic Process Automation for repetitive tasks and Intelligent Document Processing for invoices and contracts. It shows how machine learning detects fraud, automates payment reconciliation, and streamlines customer onboarding with digital identity verification. This text equips operations professionals with skills for predictive maintenance, performance dashboards, and process mining. It also covers real-time transaction monitoring, sanctions screening, and exception handling to reduce errors, cut costs, and strengthen risk management in banking operations.
