Latest release of Radar capable of fitting machine learning models six times faster
Willis Towers Watson Public Limited Company - Ordinary Shares (WLTW)
Last willis towers watson public limited company - ordinary shares earnings: 4/30 06:01 am
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Source: GlobeNewswire
ARLINGTON, Va., Dec. 11, 2018 (GLOBE NEWSWIRE) -- Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, today announced the launch of the latest version of its innovative Radar software. With the speed of change and disruption across markets and products accelerating, Radar 4.2 gives insurers a future-proofed solution designed to achieve agile, sophisticated pricing and a new level of market responsiveness and analytical sophistication. A new gradient boosting machine (GBM) algorithm delivers major performance improvement, fitting GBMs up to six times faster than the previous edition. This means GBMs can now be calibrated with larger sets of data and performed more easily, saving analysts time in creating deployable models. Built with the latest technology, the new version of the market-leading software also allows access to data, calculations or services, such as advanced machine learning models, outside of the Willis Towers Watson pricing
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