Outlier: Difference between revisions
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Revision as of 20:43, 23 September 2022
1. Data.
A data point that is much larger, or much smaller, than the next nearest data point.
2. Controls.
An unusual item that warrants investigation.
- Machine learning (ML) algorithms can find outliers
- "More will become possible in the future, as ML capabilities are increasingly applied in treasury, because of their strengths in data analysis, finding patterns and solving difficult mathematical problems.
- 'A TMS powered by ML can suggest alternatives for trading, hedging or optimising the capital structure.
- ML algorithms can find outliers and alarm the user in areas such as anti-fraud, sanction screening, security and operations,' says Philipp Leitner, co-CTO and MD at ION Treasury."
- The Treasurer - 2022 Issue 3 - p8.