Machine learning delivers a watchdog for financial text

Mar 30, 2022 at 09:01 pm by admin


Italian-headquartered software company Eidosmedia has partnered with developer Amenity to bring new ML capabilities to its systems, especially for financial reporting.

The company’s text analytics tools are used to make creation and publication of investment research more productive. The embedded AI technology – based on recent advances in machine learning and deep neural networks – is currently driving innovation in content services.

General manager of Eidosmedia Inc Virendra Naykude says customers will be able add value to their investment research by leveraging the integrated AI and NLP toolset. Amenity’s text analytics applications automate operations such as tagging entities and themes present in the text, enhancing its usability. They also provide support services for human reviewers such as flagging over-used words, ‘hedging’ expressions and lack of forward-looking language.

Other modules help analysts reach “actionable insights” by evaluating claims contained in published reporting.

Eidosmedia now numbers global investment banks, rating agencies and independent research firms among its clients, delivering investment research in formats from traditional PDF and web portals to mobile apps and API-driven “research as a service” modes. Eidosmedia has been developing a “partner ecosystem” including AI and ML-driven tools and services to add value to this market.

• German regional publisher HCSB – for Hof, Coburg, Suhl and Bayreuth – has moved production of its print and digital dailies to a cloud-hosted Eidosmedia Méthode platform.

The group has newsrooms in each of these cities in northern Bavaria and southern Thuringia, where it claims the highest coverage for its dailies Frankenpost, Neue Presse, Nordbayerischer Kurier, Freies Wort, Südthüringer Zeitung and the Meininger Tageblatt.

The dailies are produced in a total of 30 local editions, with content also published through its websites and mobile apps, weekly and special editions.

The new solution serves 180 users in the four newsrooms and is integrated with an existing SWMH Group network. It replaces two existing editorial systems.

Sections: AI & digital technology