Outlier

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.

See also

• Algorithm
• Analytics
• Capital structure
• Carve-out
• Control
• CTO
• Data
• Exception
• Hedging
• MD
• Reporting
• Trading
• Treasury Management System (TMS)