AI Use Case
Score and compile aggregate analyst sentiment report based on the balance of positive to negative words
Compile aggregate analyst report sentiment score based on the balance of positive to negative words in written reports
Function
Benefits
Revenue - Improve trading decisions (eg market demand estimates),Cost - Staff efficiency
Case Studies
NAM~Nomura Asset Management quantify news sources as positive or negative to aid analysts in investment decisions using natural language processing ,JPMorgan Research~JPMorgan Chase Research improves long/short performance by up to 0.5% by identifying sentiment and locating idiosyncratic risk in news items,Wells Fargo~Wells Fargo demonstrates 88% short-term and 58% longer term recommendations accuracy using machine learning to predict stock price movements
Potential Vendors
Industry
Financial Services
Investment Banking And Investment Services
Data Sets
Text
AI Technologies
Product Type - NLP - Text Sentiment Analysis,Product - Optical Character Recognition (OCR),ML Task - Prediction - Annotation,Product - Translation,ML Task - Prediction - Binary Classification,ML Task - Prediction - Regression,Machine Learning (ML),Traditional AI