Language Tech Market News
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@retresco to Use #NLG to Help Commerzbank Write Research Reports

@retresco to Use #NLG to Help Commerzbank Write Research Reports | Language Tech Market News | Scoop.it

Commerzbank, Germany's second largest bank, is exploring the use of NLG to write analyst reports, in another sign of a shift in how major financial institutions conduct their research. It has partnered with Retresco, a content-automation company to work on a way of creating research reports, especially earnings reports.

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Wealth Wizards Developing a Talking Finance Robo-Adviser

Wealth Wizards Developing a Talking Finance Robo-Adviser | Language Tech Market News | Scoop.it

"What we want is an adviser we can speak to at any time of the day and is the best adviser in the UK, and there is no reason why we shouldn't be able to do that in the next couple of years.
Mr Denny said Wealth Wizards had been using the speech-to-text function of Google to listen to what happens when advisers talk to their clients to learn what words and phrases a talking robo-adviser would need.

He said the company is developing a computer programme that could listen to conversations between an adviser and a client and understand which product they were talking about and what issues they would have to discuss.

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European Central Bank Publishes #NLP-driven Monetary Policy Tone Index

European Central Bank Publishes #NLP-driven Monetary Policy Tone Index | Language Tech Market News | Scoop.it

The ECB presents the main results of applying NPL techniques to the Statements and the Q&A of the European Central Bank press conferences on monetary policy from 1999 to 2017. The first section (2.1) describes some of the 30 latent vectors extracted by the Dynamic Topic Model and we look at the evolution of these topics over time. Meanwhile the interconnectedness of the topics is explained in the third section (2.2). Finally, we show the sentiment of these topics, including the sentiment of the monetary policy stance in the last section (2.3).

LT-Innovate's insight:

Makes a nice comparison with voice data on sentiment picked up from  quarterly-results conversations recorded from major stock market companies.

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@Clearstream Partnership to Explore #AI and #NLP in Process Automation

@Clearstream Partnership to Explore #AI and #NLP in Process Automation | Language Tech Market News | Scoop.it

Clearstream, part of Deutsche Börse Group, has entered a collaborative research partnership with the Interdisciplinary Centre for Security, Reliability and Trust (SnT) at the University of Luxembourg. Over the next four years, a joint research project will explore the potential of Artificial Intelligence (AI) and Natural Language Processing (NLP) in process automation in order to simplify and standardize requirements analysis. The project aims to eventually render processes more cost- and time-efficient.

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#NLG Is Getting Down to Business

#NLG Is Getting Down to Business | Language Tech Market News | Scoop.it

Emmanuel Walckenaer, chief executive of Yseop, an NLG software platform used by Moody’s, Zachs and Societe Général, says the technology can provide financial advisers with a coherently collated written summary of a client’s transaction history that offers recommendations on where they might like to invest next and why or whether they are risk adverse or not.  Typically, these insights will only be one or two paragraphs in length. Creating longer, more in-depth reports is possible, but requires more rules, protocols and system-training, and several weeks to build, which can be a barrier to adoption. 

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Digital Reasoning raises $30m to Target Fintech Growth

Digital Reasoning raises $30m to Target Fintech Growth | Language Tech Market News | Scoop.it

AI business Digital Reasoning has raised $30 million in a new funding round led by BNP Paribas. The company's system transforms large quantities of structured and unstructured data about employees, clients, and competitors into human-centric business insights. 

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How #NLP Creates Value in Compliance

As a bridge between humans and computers, the use of natural language processing in compliance demonstrates how this branch of AI is adding value across the financial services industry.

- Natural language processing and text analytics when used together can meet a range of challenges in financial services.
- In compliance, data is structured and categorized to help with due diligence screening for AML.
- Human error is removed and the strain on resources diminished, freeing staff to concentrate on areas of higher value.

LT-Innovate's insight:

THis arrticle may possibly have been written by Thomson's own NLG technology!!.

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Interview with Daniele Cordioli, Presales Director at Expert System | Language Technologies / Banking & Insurance

Interview with Daniele Cordioli, Presales Director at Expert System | Language Technologies / Banking & Insurance | Language Tech Market News | Scoop.it
The Language Technology Industry Summit 2017 will illustrate how language technology addresses challenges in banking and insurance. Cognitive computing leader Expert System will provide insights and case studies from the financial sector. We have interviewed Daniele Cordioli, Presales Director at Expert System:
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