Possibilities & challenges of machine learning
05 October 2018
The forth Expert Network Meeting organised in Brussels has opened up the opportunity to project partners and experts having experience in early warning to discuss the possibilities and challenges of machine learning in insolvency prediction.
The Danish Business Authority, partner of Early Warning Europe, introduced the tool developed for the identification of companies in distress based on publicly available big data. The model will be tested in the four target countries to support the implementation of early warning mechanisms in identifying SMEs in difficulty. To broaden the scope of best practices in early warning, Ellisphere presented the role of Business Information Providers across Europe for detecting insolvency warning signs, and the European Central Bank has highlighted how AnaCredit data model will be able to assist enterprises in assessing its credit risk.”