Software that was first put to work writing news reports has now found another career option: drafting reports for financial giants and U.S. intelligence agencies.
One of the emerging applications of artificial intelligence is in writing performance reports and portfolio commentary. Traditionally, portfolio managers or investment writers and editors spent weeks poring over performance data and writing summaries for internal audiences and fund shareholders alike. But companies like Chicago-based Narrative Science have developed means to take in data feeds from fund investment accounting and portfolio analytics systems and turn them into narrative summaries within a few days.
Content marketing can be time-consuming. With a good plan you can become more effective, and using the right tools should be an important part of that. These seven tools, including Quill Engage, will help make a big difference in your content marketing productivity.
Narrative Science Chief Scientist Kris Hammond discusses the current and future states of Artificial Intelligence with Press: Here host Scott McGrew.
Originally put to work writing news reports, the writing software called Quill has found a new job—analysing financial data and producing reports. Quill was developed by Narrative Science, a Chicago company set up in 2010 to commercialise technology developed at Northwestern University, USA. The founders whimsically named Quill after the precursor to the modern pen–that could generate stories from any type of data, starting with sports, financial and real-estate news.
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Automation will lessen the need for the elusive, talented, and expensive human data scientist -- and that's a good thing, says Narrative Science cofounder.
Quill is AI software designed to produce data-based news stories and corporate reports in seconds. Created by Chicago tech company Narrative Science, it’s already used by clients such as Forbes, the US intelligence community, England’s NHS, and Credit Suisse, to create financial reports and sports news stories in seconds.
Northwestern startup Narrative Science has been turning data into stories for nearly five years. In that time, it has tackled reports for many different domains, including finance, government, education, and customer communication. Now the company is adding social media to its repertoire.
Narrative Science was founded by researchers from Northwestern University, who discovered they could use computer algorithms to generate basic sports stories. They still do that, but have added dozens more clients, including financial services companies, retailers and government intelligence agencies.