Natural language processing (NLP) is a field of computer science and artificial intelligence concerned with the interactions between computers and human (natural) languages, in particular how to program computers to process and analyze large amounts of natural language data. NLP techniques are used extensively by financial firms to automate various tasks related to processing financial documents, such as extracting data from unstructured text, performing sentiment analysis, and identifying entities and events. NLP can also be used to build predictive models for financial applications such as detecting fraudulent activities,loan default risk, and stock price movement.
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Natural language processing (NLP) is a field of computer science, artificial intelligence, and linguistics concerned with the interactions between computers and human (natural) languages. As one of the earliest areas of research in artificial intelligence, NLP technqiues are now being successfully applied to a variety of tasks in finance, including fraud detection, algorithmic trading, and market analysis.NLP has been shown to be effective in identifying patterns and trends in financial data, making it a valuable tool for financial analysis.