Hello there,

Data analysis has a wide opportunity in finance sector. Using data science, one can analyze and make better decision for investments.

Finances sector often come across a large set of data to analyze and concepts of data science can help in this to a large extent.

Following are some of the applications of Data Science in Finance :

1. Risk Management and Analysis: Many companies employ data scientist to analyze the credits of customers using machine learning algorithms and the concepts of data analysis to analyze the transactions. From the trends of previous years and the market conditions, one can actually analyze potential risks.

2. Real-Time Analytics : In finance sector, the old data has very less importance and current trends and the real time market condition are very important in analyzing the profits and the risks in the investments. It is very much required to get minimum delay in getting the data and processing it, so data analysis can help in this regard to a great extent.

3. Consumer Analytics : Many finance companies personalize the products or services for particular consumer. If there is very big companies with a lot of consumers, data science can come for the help. It can analyze the behaviour of the customers in real time to make better business decisions in the company.

4. Personalized Services : It is a very good way for the companies to build the good consumer relationships and can increase their sales by offering them what they are interested in. This helps in both the consumer satisfaction and the company profits.

Along with this, there are also other very important job profiles in data science and analysis in finance and other sectors.

I hope you have got your answer..

Good Luck !!!