Robots — or more precisely, software that takes data and turns it into natural language — may be producing the next report a bank regulator reads. That’s if Narrative Science‘s latest offering takes hold. The Chicago-based software firm launched a solution for AML (anti-money laundering) processes on Nov. 10 that is currently inRead More
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We’re in the midst of a fundamental shift in the banking industry. Forces such as rising customer expectations and ever-changing regulatory requirements coupled with new, non-traditional competitors in the market have made it imperative for banks to rethink their business and client engagement models. While banks are strategizing how toRead More
Narrative Science, which transforms data into narratives, is largely focused on assisting humans in wealth management. But a new opportunity is arising in automated investing, also known as robo advising, in regards to which Narrative Science is currently engaged in several meaningful conversations. The robo advising world has been excitingRead More