Machine Learning with Azure Databricks for Finance Training Course

Introduction to ML in Financial Services

• Overview of prevalent machine learning use cases in finance
• Advantages and challenges of implementing ML in regulated industries
• Overview of the Azure Databricks ecosystem

Preparing Financial Data for ML

• Ingesting data from Azure Data Lake or various databases
• Processes for data cleaning, feature engineering, and transformation
• Conducting Exploratory Data Analysis (EDA) within notebooks

Training and Evaluating ML Models

• Data splitting techniques and selection of ML algorithms
• Training regression and classification models
• Assessing model performance using relevant financial metrics

Model Management with MLflow

• Tracking experiments by monitoring parameters and metrics
• Saving, registering, and versioning models
• Ensuring reproducibility and comparing model outcomes

Deploying and Serving ML Models

• Packaging models for batch or real-time inference
• Serving models through REST APIs or Azure ML endpoints
• Integrating predictions into financial dashboards or alert systems

Monitoring and Retraining Pipelines

• Scheduling periodic model retraining with updated data
• Monitoring for data drift and maintaining model accuracy
• Automating end-to-end workflows using Databricks Jobs

Use Case Walkthrough: Financial Risk Scoring

• Developing a risk score model for loan or credit applications
• Interpreting predictions to ensure transparency and compliance
• Deploying and testing the model in a controlled environment