1. Better Risk Prediction and Asset Management:-
• Risk prediction is essential as banks are always in the business of deciding where to put their money and how they get around on assets.
• Through AI-powered analytics, banks will be able to use tons of data available at their disposal and reduce the risk factor while making forecasts for the future by deep-diving into what drives returns. It allows them to reduce their losses and also the best decisions on where all that money went in making investments or giving advice out of someone!