Artificial Intelligence Business Fintech News

Kensho Collaborates with NVIDIA to Advance Automatic Speech Recognition

Kensho Collaborates with NVIDIA to Advance Automatic Speech Recognition

Kensho, an S&P Global company, introduced Scribe, an end-to-end speech recognition solution specifically optimized for the finance and business community. Scribe leverages the latest deep learning techniques to process more audio in less time with better accuracy.

Read More: Kreditech Rebrands to Monedo as It Steps Up Growth in International Lending Markets

Over the past decade, S&P Global Market Intelligence, a division of S&P Global, has transcribed more than 100,000 hours of earnings calls. Using NVIDIA NeMo on NVIDIA GPUs, Kensho trained Scribe to systematically transcribe tens of thousands of earnings calls, management presentations, and acquisition calls each year – improving accuracy and enabling S&P Global to increase earnings call coverage by more than 25%.

Read More: Analyticom Introduces a Scientific Model That Keeps Investments Stable During Market Volatility

“Technology and data science are playing a crucial role in how we bring value to our customers,” said Martina Cheung, President of S&P Global Market Intelligence. “Kensho’s collaboration with NVIDIA exemplifies S&P Global’s commitment to leveraging state-of-the-art machine learning to deliver our clients the essential intelligence they need to make informed business decisions with conviction.”

Scribe is purpose-built to handle the complexities of financial audio – including financial jargon, product names and industry-specific terminology. Scribe’s syntactic capabilities seamlessly enable enumeration, capitalization and determination of sentence structure, while significantly outperforming other commercial solutions on business and financial audio. Scribe, among a suite of other AI-enabled capabilities designed to streamline workflows, will soon be available on the S&P Global Marketplace.

Read More: Executives Explore Disruptions in Fraud Trends, Securing Online Channels and Mobility Payments in Transit

Related posts

Boubyan Bank Commemorates 15th Anniversary with IDEMIA’s Exclusive Metal Cards

Fintech News Desk

Backbase Debuts ‘Backbase-as-a-Service’ to Help Banks Innovate at Scale & Remove Infrastructure Hurdles

Fintech News Desk

Cybernance Brings Audited, Certified Cyber Risk Scores to Banks and Credit Unions Through Finastra’s FusionStore

Fintech News Desk
1