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Machine learning models are increasingly used in a wide variety of financial settings. The difficulty of understanding the inner workings of these systems, combined with their wide applicability, has the potential to lead to significant new…

Computational Finance · Quantitative Finance 2021-02-10 Samuel N. Cohen , Derek Snow , Lukasz Szpruch

Recent Machine Learning (ML) approaches have shown increased performance on benchmarks but at the cost of escalating computational demands. Hardware, algorithmic and carbon optimizations have been proposed to curb energy consumption and…

Machine Learning · Computer Science 2025-10-13 Clément Morand , Anne-Laure Ligozat , Aurélie Névéol

Machine learning (ML) models are increasingly being used in metrology applications. However, for ML models to be credible in a metrology context they should be accompanied by principled uncertainty quantification. This paper addresses the…

Machine Learning · Computer Science 2024-05-09 Andrew Thompson

In the universal quest to optimize machine-learning classifiers, three factors -- model architecture, dataset size, and class balance -- have been shown to influence test-time performance but do not fully account for it. Previously,…

Machine Learning · Computer Science 2025-06-05 Josiah Couch , Miao Li , Rima Arnaout , Ramy Arnaout

Data contamination in model evaluation has become increasingly prevalent with the growing popularity of large language models. It allows models to "cheat" via memorisation instead of displaying true capabilities. Therefore, contamination…

Computation and Language · Computer Science 2024-01-30 Yucheng Li , Frank Guerin , Chenghua Lin

Collaborative Machine Learning (CML) allows participants to jointly train a machine learning model while keeping their training data private. In many scenarios where CML is seen as the solution to privacy issues, such as health-related…

Machine Learning · Computer Science 2024-07-30 Mathilde Raynal , Carmela Troncoso

Recent claims about the impressive abilities of large language models (LLMs) are often supported by evaluating publicly available benchmarks. Since LLMs train on wide swaths of the internet, this practice raises concerns of data…

Computation and Language · Computer Science 2023-10-17 Manley Roberts , Himanshu Thakur , Christine Herlihy , Colin White , Samuel Dooley

Nowadays, software analytics tools using machine learning (ML) models to, for example, predict the risk of a code change are well established. However, as the goals of a project shift over time, and developers and their habits change, the…

Software Engineering · Computer Science 2024-05-06 Doriane Olewicki , Sarra Habchi , Mathieu Nayrolles , Mojtaba Faramarzi , Sarath Chandar , Bram Adams

Forming a reliable judgement of a machine learning (ML) model's appropriateness for an application ecosystem is critical for its responsible use, and requires considering a broad range of factors including harms, benefits, and…

Machine Learning · Computer Science 2022-05-12 Ben Hutchinson , Negar Rostamzadeh , Christina Greer , Katherine Heller , Vinodkumar Prabhakaran

Machine Learning models increasingly face data integrity challenges due to the use of large-scale training datasets drawn from the Internet. We study what model developers can do if they detect that some data was manipulated or incorrect.…

Machine Learning · Computer Science 2024-10-18 Shashwat Goel , Ameya Prabhu , Philip Torr , Ponnurangam Kumaraguru , Amartya Sanyal

Our goal is to improve reliability of Machine Learning (ML) systems deployed in the wild. ML models perform exceedingly well when test examples are similar to train examples. However, real-world applications are required to perform on any…

Machine Learning · Computer Science 2023-03-07 Vihari Piratla

As machine learning (ML) is deployed by many competing service providers, the underlying ML predictors also compete against each other, and it is increasingly important to understand the impacts and biases from such competition. In this…

Machine Learning · Computer Science 2022-07-14 Yongchan Kwon , Antonio Ginart , James Zou

Machine learning has been proven to be effective in various application areas, such as object and speech recognition on mobile systems. Since a critical key to machine learning success is the availability of large training data, many…

Machine Learning · Computer Science 2021-01-06 Hyeongmin Cho , Sangkyun Lee

Removing information from a machine learning model is a non-trivial task that requires to partially revert the training process. This task is unavoidable when sensitive data, such as credit card numbers or passwords, accidentally enter the…

Machine Learning · Computer Science 2023-08-08 Alexander Warnecke , Lukas Pirch , Christian Wressnegger , Konrad Rieck

In the financial risk domain, particularly in credit default prediction and fraud detection, accurate identification of high-risk class instances is paramount, as their occurrence can have significant economic implications. Although machine…

Machine Learning · Computer Science 2024-09-17 Xu Sun , Zixuan Qin , Shun Zhang , Yuexian Wang , Li Huang

This paper explores the use of clustering methods and machine learning algorithms, including Natural Language Processing (NLP), to identify and classify problems identified in credit risk models through textual information contained in…

Machine Learning · Computer Science 2023-06-05 Szymon Lis , Mariusz Kubkowski , Olimpia Borkowska , Dobromił Serwa , Jarosław Kurpanik

Trusting machine learning algorithms requires having confidence in their outputs. Confidence is typically interpreted in terms of model reliability, where a model is reliable if it produces a high proportion of correct outputs. However,…

Machine Learning · Computer Science 2023-11-01 Jonathan Vandenburgh

In machine learning (ML), efficient asset management, including ML models, datasets, algorithms, and tools, is vital for resource optimization, consistent performance, and a streamlined development lifecycle. This enables quicker…

Software Engineering · Computer Science 2024-06-19 Zhimin Zhao , Yihao Chen , Abdul Ali Bangash , Bram Adams , Ahmed E. Hassan

Machine Learning has invariantly found its way into various Credit Risk applications. Due to the intrinsic nature of Credit Risk, quantifying the uncertainty of the predicted risk metrics is essential, and applying uncertainty-aware deep…

Risk Management · Quantitative Finance 2023-12-12 Ashish Dhiman

We investigate the problem of machine learning with mislabeled training data. We try to make the effects of mislabeled training better understood through analysis of the basic model and equations that characterize the problem. This includes…

Machine Learning · Computer Science 2019-09-23 Herbert Gish , Jan Silovsky , Man-Ling Sung , Man-Hung Siu , William Hartmann , Zhuolin Jiang