How artificial intelligence is transforming the financial industry

By Michelle Fleury BBC business correspondent, New York


Your next stockbroker might just be a computer.

More and more, financial firms are turning to machines to do the job humans have done for decades.

Last spring, wealth management firm Charles Schwab launched a new service called Schwab Intelligent Portfolios. The service is unique in that it’s not a person who decides where to invest your money, it’s an algorithm – lines of code programmed into a computer.

“It’s lower cost for the investor,” says Tobin McDaniel, who leads the Schwab Intelligent Portfolios team.

“As opposed to working with a traditional advisor where you might pay up to 1%, here you get portfolio management at essentially no management fee.”



To learn more: How artificial intelligence is transforming the financial industry

The Text Mining Handbook Advanced Approaches in Analyzing Unstructured Data

Reading for this week: The Text Mining Handbook. Advanced Approaches in Analyzing Unstructured Data (Feldman & Sanger, 2006)




Text mining tries to solve the crisis of information overload by combining techniques from data mining, machine learning, natural language processing, information retrieval, and knowledge management. In addition to providing an in-depth examination of core text mining and link detection algorithms and operations, this book examines advanced pre-processing techniques, knowledge representation considerations, and visualization approaches. Finally, it explores current real-world, mission-critical applications of text mining and link detection in such varied fields as M&A business intelligence, genomics research and counter-terrorism activities.

Sentiment Analysis. Mining Opinions, Sentiments, and Emotions

Recommended book of the week: Sentiment Analysis: Mining Opinions, Sentiments and Emotions (B. Lui, 2015)




Sentiment analysis is the computational study of people’s opinions, sentiments, emotions, and attitudes. This fascinating problem is increasingly important in business and society. It offers numerous research challenges but promises insight useful to anyone interested in opinion analysis and social media analysis. This book gives a comprehensive introduction to the topic from a primarily natural-language-processing point of view to help readers understand the underlying structure of the problem and the language constructs that are commonly used to express opinions and sentiments. It covers all core areas of sentiment analysis, includes many emerging themes, such as debate analysis, intention mining, and fake-opinion detection, and presents computational methods to analyze and summarize opinions. It will be a valuable resource for researchers and practitioners in natural language processing, computer science, management sciences, and the social sciences.


XIII Congreso Internacional en Innovación Tecnológica Informática

CIITI 2015

¿Qúe es el CIITI?

En el CIITI se genera un espacio de reflexión abierta, participativa e inclusiva, sobre el impacto de la tecnología informática en los distintos campos de la ciencia, presentando las innovaciones y nuevos conocimientos a la sociedad, convirtiéndose en un espacio para la difusión, promoción y reflexión sobre la importancia de la innovación tecnológica informática como factor de competitividad.

Este Congreso fomenta el círculo virtuoso de la articulación entre el Gobierno, las Empresas, las Universidades y los Centros de Investigación y Desarrollo nacionales e Internacionales. Es desde esta visión interdisciplinaria, que se abordan los procesos que provocan cambios sociales a partir de las nuevas tecnologías y se renueva, año a año, la importancia de pensar el desarrollo estratégico de las nuevas tecnologías como pilar fundamental para el crecimiento equitativo y sustentable del país.

Capítulo Buenos Aires
30 de Septiembre de 2015
Palais Rouge
Jerónimo Salguero 1443/49 – Ciudad Autónoma de Buenos Aires

Ver Agenda CIITI 2015, Buenos Aires


Social Network Mining, Analysis and Research Trends: Techniques and Applications

Book recommendation of the week: “Social Network Mining, Analysis and Research Trends: Techniques and Applications.” by I-Hsien Ting (First Edition)


Social network analysis dates back to the early 20th century, with initial studies focusing on small group behavior from a sociological perspective. The emergence of the Internet and subsequent increase in the use of online social networking applications has caused a shift in the approach to this field. Faced with complex, large datasets, researchers need new methods and tools for collecting, processing, and mining social network data.

Social Network Mining, Analysis and Research Trends: Techniques and Applications covers current research trends in the area of social networks analysis and mining. Containing research from experts in the social network analysis and mining communities, as well as practitioners from social science, business, and computer science, this book proposes new measures, methods, and techniques in social networks analysis and also presents applications and case studies in this changing field.



Network Analysis with igraph

We can use an open source tool to  analyze network data with R. Let’s see the code and how we can visualize  this data.




# Tutorial and data based on the network visualization workshop published over
# get the data
nodes <- read.csv(, header=T,
ties <- read.csv(, header=T,
# Explore data:
head(nodes);head(ties);nrow(nodes);length(unique(nodes$id));nrow(ties);nrow(unique(ties[,c(from, to)]))
# Because the data is detailed and not as matrix, we need to simplify it by collapsing multiple edges of the same type between the same two nodes. This can be achieved by summing their “weights”, using aggregate() by “from”, “to”, and “type”:
ties <- aggregate(ties[,3], ties[,-3], sum)
ties <- ties[order(ties$from, ties$to),]
colnames(ties)[4] <- weight
rownames(ties) <- NULL
# After the hard work is done, we can convert the data to an igraph object:
net <-, nodes, directed=T)
# One final touch is to removing loops from the graph, so the edges won’t appear that bushy:
net <- simplify(net, remove.multiple = F, remove.loops = T)
# A clean plot: reduced arrow size and remove the labels:
plot(net, edge.arrow.size=.4,vertex.label=NA)
# There are plenty of parameters that can be set, but the most importants are the node & edge options
# 1) Plot with curved edges (edge.curved=.1) and reduce arrow size:
plot(net, edge.arrow.size=.4, vertex.label=NA, edge.curved=.1)
# 2) nodes’ colors. Here we set color to orange and the border color to hex #555555
plot(net, edge.arrow.size=.4, edge.curved=0,
vertex.color=orange, vertex.frame.color=#555555)
# 3) Replace the vertex label with the node names stored in “media”
plot(net, edge.arrow.size=.4, edge.curved=0,
vertex.color=orange, vertex.frame.color=#555555,
vertex.label=V(net)$media, vertex.label.color=black,
# Another way to set attributes is to add them to the igraph object.
# 1) Generate colors base on media type:
colrs <- c(gray50, tomato, gold)
V(net)$color <- colrs[V(net)$media.type]
# 2) Compute node degree (#ties) and use it to set node size:
deg <- degree(net, mode=all)
V(net)$size <- deg*3
V(net)$size <- V(net)$audience.size*0.6
# 3) The labels are currently node IDs, setting them to NA will render no labels:
V(net)$label.color <- black
V(net)$label <- NA
# 4) We can set edge width based on weight:
E(net)$width <- E(net)$weight/6
#5) changing arrow size and edge color:
E(net)$arrow.size <- .2
E(net)$edge.color <- gray80
# We can also override the attributes explicitly inline:
plot(net, edge.color=orange, vertex.color=gray50)
# Don’t you think a legend explaining the meaning of the colors is a good idea?:
legend(x=-1.1, y=-1.1, c(Newspaper,Television, Online News), pch=21,
col=#777777,, pt.cex=2.5, bty=n, ncol=1)
# For now, a final touch would is to highlight areas in the network:
plot(net, mark.groups=list(c(1,4,5,8), c(15:17)),
mark.col=c(#C5E5E7,#ECD89A), mark.border=NA)

Diplomatura en “Análisis de datos para negocios, finanzas e investigación de mercados”


81 Horas

Días y horarios:
Del 23 de Mayo al 19 de Diciembre de 2015.
Sábados de 10.00 a 13.00 hs.

Lugar de realización:
Sede Centro – Av. San Juan 951.


A lo largo de la Diplomatura se expondrá los algoritmos más utilizados en el Análisis de datos, enfocándose en sus aplicaciones prácticas pero dando un importante panorama de sus aspectos teóricos.
Se exploraran diversas bases de datos orientadas a problemas relacionados con diferentes negocios y crearán potentes modelos predictivos y descriptivos orientados específicamente a resolver problemas empresariales.

Entre las problemáticas más destacadas a analizar se encuentran:
•Segmentación Avanzada de clientes.
•Predicción de la demanda.
•Modelos de predicción para series temporales y financieras.
•Modelos de Scoring.
•Análisis de riesgo.
•Detección y prevención de fraudes.

Entre los algoritmos más importantes a estudiar se encuentran:
•Redes neuronales.
•Árboles de decisión.
•Inferencia Bayesiana.
•Algoritmo de clustering K-Means.
•Teoría de la información.


Modalidad de Trabajo:
•Explorar base de datos y planillas en Excel con software específico de Data Mining.
•Generar modelos predictivos y descriptivos aplicados a resolver problemas empresariales.
•Testear dichos modelos para determinar su nivel de exactitud.
•Resolver problemas reales que se presentan a menudo en el sector de negocios con los conocimientos adquiridos.

Profesor a Cargo:
Dra. Cristina Camós
Juan Pablo Braña
Trad. Prof. Alejandra Litterio
Ing. Alexis Sarghel


Para más información ver: Diplomatura en Análisis de Datos