Solutions

Natural Language Generation in Finance & Banking

The adoption of Natural Language Generation (NLG) has brought an elementary innovation to financial reporting & analysis and other financial advisor roles: the writing power of experts at company scale.

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The automated generation of reports and analyses in Financial Services is scalable by NLG and at the same time ensures consistently high quality and compliance.

Transform Business Data into Natural Language Text

Data for the sake of data doesn’t have value, you need to be able to understand and action the data, that is where the value will come from.

That is to say turning raw data into actionable insights as quickly as possible and using data to automate processes to save time and keep employees engaged.

Natural Language Generation (NLG) technology is critical as we move forward because it is the only technology that turns data into human language. Get this value from your data with Natural Language Generation. AX Semantics software is based on NLG and makes it possible to generate financial reports and other data-based documents in a fraction of the time – AX is the financial report generator for Financial Services.

80%

LESS EFFORT FOR FINANCIAL REPORTS

'The effort of the creation of recurring reports can be reduced by up to 80% using AX Semantics.'
Mario Berger
Director at Deloitte

Where is NLG used in Financial Services?

The AX Semantics NLG software is always useful in Financial Services when text from underlying data is required – for example for:

How to evaluate
 NLG Software in
Financial Services

Case Studies from Finance & Banking

The Potentials of NLG in Finance & Banking

Automating recurring financial reportssaves many resources and therefore immense costs – once configured, a report can be generated every timeat the push of a button.

Automation ensures that all regulatory requirements are metevery time a content item is updatedwithout manual review.

Processes that are legally regulated and mandatory, like Risk Audits or KYC reports can be automated and increase compliance coverage to 100%without additional effort or manpower.

In the digital age, consumers expect instant information and feedback. For processes like credit scoring acompletely automated processes is the only way to fulfill real-timeexpectations.

Natural Language Generation leverages your data tocreate new marketsand offers.

Cut costs

Automating recurring financial reports saves many resources and therefore immense costs – once configured, a report can be generated every time at the push of a button.

Improve quality

Automation ensures that all regulatory requirements are met every time a content item is updated without manual review.

100% compliant

Processes that are legally regulated and mandatory, like Risk Audits or KYC reports can be automated and increase compliance coverage to 100% without additional effort or manpower.

Be fast

In the digital age, consumers expect instant information and feedback. For processes like credit scoring a completely automated processes is the only way to fulfill real-time expectations.

Leverage data

Natural Language Generation leverages your data to create new markets and offers.
Want to try? Check if it works for you!
See if our software will work well for you.

Read more about the Use of NLG in our Blog

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FACT-Finder is one of the top addresses in European e-commerce. The software house has been using machine learning to increase conversions for years.Benedikt Mayer, Head of Marketing at FACT-Finder, gives AX Semantics some exciting insights into the successes the company has already achieved by focusing on personalization. Particularly noteworthy are the increases in conversion rates […]

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The ideal Customer Experience - how Automated Product Descriptions pave the Way

The customer experience (CX) is the most important aspect of a modern marketing strategy and thus, of course, of the customer journey. The goal of every brand and every company should be to create an optimal buying experience for the customer at every touchpoint, thereby satisfying the customer's needs in every respect and thus building […]

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