NUS
 
ISS
 

Alternative Data for FinTech Innovation

Overview

Reference No TGS-2023021721
Part of -
Duration 3 days
Course Time 9:00am - 5:00pm
Enquiry Please email ask-iss@nus.edu.sg for more details
The growing importance of a data-driven approach in the financial sector has led to an increased demand for specialists in alternative data analysis and management. In this course, we will explore the intersection of fintech and alternative data, examining the ways in which companies are using data-driven approaches to innovate in the financial services sector.

This course on ‘Alternative Data for FinTech Innovation’ can help participants understand how to make sense of alternative data and use them to make scalable and informed decisions in financial services - such as credit, insurance or investments, while also exploring use cases outside the domain of financial services. 

The lessons and workshops will provide context and an end-to-end view of alternative data initiatives, then focus on how to identify, evaluate, and analyse alternative data sets, as well as providing hands-on experience that combine techniques in predictive analytics, machine learning and big data. It will help participants understand how to access and interpret non-traditional data sources, such as social media, geolocation, telecoms, utilities, web traffic patterns etc. It also aims to fill the skills gap in the financial sector by training people in the latest tools and techniques for analysing and interpreting alternative data. 

Participants who complete this course will be well-equipped to provide valuable insights to companies looking to gain this competitive edge in the financial space.
 

Upcoming Classes

Class 1 05 Oct 2024 to 19 Oct 2024 (Full Time)

Duration: 3 days

When:
Oct:
05(Sat), 12(Sat), 19(Sat)
Time:
09:00am to 05:00pm



Key Takeaways

At the end of the course, the participants will be able to:

  • Understand the overall fintech landscape and where data can play a role
  • Analyse and appraise the types of alternative data, use cases, and the differentiated impact it has for financial institutions, fintech companies, and other industries outside finance
  • Appraise different machine learning algorithms in the context of financial technology
  • Evaluate the key considerations, requirements, and success factors in managing a finance/fintech alternative data initiative
  • Assess the appropriate alternative data for financial decision-making, risk assessment, and product recommendations, and evaluate the challenges and risks of financial technology deployment
  • Know how to complement traditional data with alternative data, while assessing the requirements of alternative standards as compared to traditional standards
 



Who Should Attend

This course has been currently designed to be suitable for participants working in banking/finance, fintech, regulatory sector and performing the following roles: 
  • Data Analyst
  • Data Scientist
  • Risk Specialist
  • Financial Analyst
  • Investment Analyst
  • Business Analyst
  • Product Manager
  • Project Manager
  • Compliance Specialist
  • Fintech Specialist
  • AI Expert
  • Regulators
  • Data Engineer
  • Underwriters
  • Business Intelligence Analyst
  • Fintech Innovation Manager

In addition, we also designed this course to benefit any professionals keen on using advanced decisioning using alternative data – even when they are currently employed outside the financial industry.

Pre-requisites
  • Working knowledge in the finance sector
  • Experience and involvement in AI/ML projects in the finance sector
  • Basic understanding of statistics



What Will Be Covered

This course will cover:
  • Financial Technology Context
  • Outcomes, Use Cases, and Business Impact of Alternative Data
  • Overview of Machine Learning Methods for Fintech/Finance Use Cases
  • Managing Finance/Fintech Initiatives with Alternative Data – Process, Requirements, and Risks
  • Data Exploration and Consolidation
  • Model Assessment
  • Interpretability, Integration, and Deployment



Fees & Subsidies

Fees for 2024
  Full Fee Singaporeans & PRs
(self-sponsored)
Full course fee S$2700 S$2700
ISS Subsidy  - (S$270)
Nett course fee S$2700 S$2430
9% GST on nett course fee S$243 S$218.70
Total nett course fee payable, including GST S$2943 S$2648.70
Note:
  1. All fees and subsidies are valid from January 2024, unless otherwise advised.
  2. All self-sponsored Singaporeans aged 25 and above can use their SkillsFuture Credit to pay for course fees. For more information about SkillsFuture Credit, click here.
  3. From 1st January 2024, the GST will be increased to 9%.



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Certificate

The NUS-ISS Certificate of Completion will be issued to participants who have attended at least 75% of the course and pass the required assessments.




Preparing for Your Course

NUS-ISS Course Registration Terms and Conditions

Find out more.

NUS-ISS and Learner’s Commitment and Responsibilities

Find out more.

WIFI Access

WIFI access will be made available to participants.

Venue

NUS-ISS
25 Heng Mui Keng Terrace
Singapore 119615

Click HERE for directions to NUS-ISS

In the event of a change of venue, participants are advised to refer to the acceptance email sent one week prior to the commencement date.

Course Confirmation

All classes are subject to confirmation and NUS-ISS will send an acceptance email to participants one week prior to the commencement date. Confirmed registrants are to attend and complete all lectures, class exercises, workshops and assessments (where applicable). Additionally, all responses to feedbacks and surveys conducted by NUS-ISS and its partners must be submitted. All training and assessments will be delivered as described in the course webpage.

General Enquiry

Please feel free to write to ask-iss@nus.edu.sg if you have any enquiry or feedback.




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