The Magazine of Artificial Intelligence in Finance, Vol. 2, No. 4, January 1996.
From the introduction
The players of the financial market, such as fund managers, brokers, bank analysts, etc. nowadays have access to an extremely large amount of data, both quantitative and qualitative, real-time or historical, and can use this information to support their decision-making process. Quantitative data, such as historical price databases or real-time price information are largely processed by automatic computer programs often based on artificial intelligence techniques, for the production of quantitative analysis, such as historical price analysis, price forecasts or technical analysis of price behaviour. On the contrary, few progress has been done for the processing of qualitative data, which consists mainly of financial news articles either from financial newspapers, e.g. The Financial Times, or from on-line news services, such as Dow Jones or Bloomberg. As a result, the players of the financial market are overloaded with qualitative information that is potentially extremely useful but, due to lack of time, often ignored.
A way of solving this problem is to produce a short-summary (template) of the financial news articles according to specific criteria, rather than presenting the whole article, eliminating the information that is considered not to be relevant. […] This article describes information extraction applied to finance and focuses on the financial information extraction system under development at the University of Durham (UK), which is able to process news articles (either from newspapers or on-line news services) and produce a summary (template) of the most relevant information identified in the source articles.
How to cite
Marco Costantino, Russell J. Collingham, Richard G. Morgan (1996). Natural Language Processing in Finance: Automatic Extraction of Information from Financial News Articles. The Magazine of Artificial Intelligence in Finance, Vol. 2, No. 4, January 1996.
BibTeX entry for reference managers (EndNote, Zotero, Mendeley)
@article{costantino1996natural,
title = {Natural Language Processing in Finance: Automatic Extraction of Information from Financial News Articles},
author = {Marco Costantino and Russell J. Collingham and Richard G. Morgan},
year = {1996},
journal = {The Magazine of Artificial Intelligence in Finance},
volume = {2},
number = {4},
url = {https://www.advanced-finance.com/paper-natural-language-processing-in-finance-1996.html}
}