The 7 Deadly Sins of Applied Machine Learning in Finance

On August 26, 2020, the 2nd Data Lounge and the 3rd Diginomics Research Talk took place as a virtual event. Dr. Luis Moreira-Matias, Head of Data Science at Monedo, spoke about “The 7 Deadly Sins of Applied Machine Learning in Finance (…or maybe any other industry)“ Nowadays, Data Science is an unrealistic hype in many industries – Finance is no exception. The fact is that, albeit it is fun and relatively easy to design advanced machine learning (ML) as a fancy prototype in someone’s laptop, it i