Advancements in NLP bring focus to document insight
Vendors are looking to provide AI models to help financial professionals get more value out of unstructured data sources.
![document insight](/sites/default/files/styles/landscape_750_463/public/2022-08/document%20insights.jpg.webp?itok=8mHnzybk)
Natural language processing is a subset of artificial intelligence for parsing human speech and text. Large companies in the capital markets are investing in NLP-based tools and interfaces, hoping to market them to clients that must find meaning in large, unstructured datasets and documentation.
S&P Global, for one, invested in and then bought Kensho Technologies, a startup focused on AI for financial services, for $550 million in 2018. Kensho now bills itself as the innovation hub of S&P
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