The role of data mining and statistics in the financial service industry

GRAND Seminar 12:00 noon, Oct. 26, Tue., 2010, ENGR 4201

Antonello Loddo
Manager of Statistical Analysis at Capital One

Abstract:

The role of data mining and statistical analysis in the financial service industry has changed dramatically due to the increasingly large amount of data that companies are able to process. As a consequence, countless opportunities for data professionals, both inside financial corporations and in analytics companies servicing the sector, have been created. At Capital One, data analysts play important roles in improving tools and processes, and influencing decision-making. We will examine the main problems facing data analysts in financial companies, how they are tackling them, and their impact on strategic and tactical decisions.

Bio:

Antonello Loddo is a statistical analysis manager at Capital One Financial, where he works on improving tools, processes and best practices for predictive modeling and business decisions. Prior to joining Capital One in 2006, Antonello completed his PhD in statistics at the University of Missouri, Columbia, where he worked as a statistical consultant for the University of Missouri Social Science Statistics Center. Antonello grew up in Cagliari, Italy, where completed his undergraduate studies in economics and worked as econometrician for the transportation research center CRIMM. His interests include Bayesian methods, statistical simulation, machine learning, and model selection.