Menu
A veteran financial professional with significant risk management experience, Jeffrey (“Jeff”) Steven Drobny oversees operations at Garda Capital Partners, the Minneapolis, MN-based company he cofounded in 2015. Jeff Drobny also maintains an interest in the Scottsdale, AZ, area where he has a second home. Financial risk management professionals rely more and more on computing power and technology each year, allowing algorithms to assist them as they review data and attempt to mitigate or encourage risk. Machine learning describes a category of computerized data analysis in which a computer or program appears to be learning. Instead of programming it to complete very specific functions, developers create complex algorithms that allow the machine to compile, analyze, and make use of new inputs on its own. These algorithms are especially valuable in risk management because of their capacity to recognize patterns and predict future behavior. Several large banks in Europe have already shifted from traditional statistical analysis to machine-learning based modeling. Thus far, results indicate a substantial increase in new product sales and an impressive 20 percent decline in capital expenditure.
0 Comments
Leave a Reply. |
AuthorJeff Drobny serves as a principal and a chief investment officer with Black River Asset Management, an investment company with 13 offices in 11 countries. Archives
September 2017
Categories
All
|