Ajit Desai
Ajit Desai is Research Data Scientist in the Funds Management and Banking Department at the Bank of Canada. Ajit received a PhD in computational science and engineering from the Carleton University in 2018. Ajit’s primary research focus has been on applying econometric and advanced machine learning techniques on retail and large-value payments systems data.
Follow Ajit
Articles by Ajit Desai
AI agents for cash management in payment systems
The authors asses to what extent generative artificial intelligence models can assist with high-level intraday liquidity-management tasks in wholesale payment systems.
Using payments data to nowcast macroeconomic variables during the onset of Covid-19
Economic prediction during a crisis is challenging because of the unprecedented economic impact of such an event, which increases the unreliability of traditionally used linear models that employ lagged data. The authors help to address this challenge by…