Natural language processing (NLP) is revolutionizing the financial sector by enabling faster market research, content evaluation, and risk management. BERT (Bidirectional Encoder Representations from Transformers) is an open-source NLP machine learning framework that is becoming increasingly popular. Banks such as Bank of America and HSBC are using NLP to analyse vast amounts of text and words to gain a competitive advantage. NLP is also being used to reduce the amount of routine tasks that employees must do every day.
