The CEO of WealthObjects also attended the event in Medway to hear about the work being done by academics on machine learning and how it could be used in the financial sector.
Dr Michael Kampouridis, Professor Ian McLoughlin, and Mr Lam Pham (a PhD student working with machine learning) hosted the visit on 14 September, which included a presentation of the Data Science group’s work on machine learning for solving complex financial problems.
The CEO of Vietnamese bank BCS/BIDV, Mr Hoai Do, said he was particularly interested in the group’s research on financial forecasting and the presentation was followed by a lengthy discussion on how machine learning can be used for financial forecasting in Vietnam.
In particularly he said he was very ‘impressed by the work’ and that applying machine learning to financial forecasting of Vietnamese securities would be something that would be highly beneficial for BCS/BIDV bank and its customers.
The visit was organised due to the machine learning and AI research undertaken by the Data Science research group in Medway has a strong track record around FinTech. The team believes that AI for FinTech is a growing research area with significant potential for real-world impact in the future.