- Financial Innovation & decisioN AnalytiX -


The act of creating and then popularising new financial instruments as well as new financial technologies, institutions and markets which includes,

[Financial Times]


The next phase of Artificial Intelligence – using machines to make decisions, in real world, dynamic environments under different sources of uncertainty.  Decisions are the foundation of business, science, engineering, health, transportation, and economics.  Decision Analytics blends the fields of optimization and machine learning into a new framework that is specifically designed for dynamic problems.  It takes advantage of the growing access to accurate real-time data through smartphones and Internet of Things technologies but uses machine learning in a variety of ways.  This is the field that will blend the new world of instant communication and sensing with old world information processes where knowledge is imperfect and people make their own decisions.

[Warren B Powell at Princeton University]

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