Amenity is partnering with Eidosmedia to launch a turnkey solution for editing and tagging broker research, fully integrated into the research authoring process. A Fortune 500 financial services company recently implemented the all-in-one platform and went from spending $3 million in research and production costs to about $500K, over 5x ROI using Amenity's Intelligent Tagging solution.
Today, we are excited to announce our partnership with Eidosmedia, the leading supplier of cross-media publishing technology for the global news-media sector, which will provide a turnkey solution for research authoring, editing, and tagging. Eidosmedia’s platform will integrate Amenity’s market-leading natural language processing (NLP) software and financial domain expertise into the workflow of research analysts so that they can rapidly create higher quality, and more discoverable content.
Brokerage research firms are constantly looking for ways to boost visibility and distribution, while also speeding up and improving processes for review and compliance. Lately, they have been focused on ESG, a priority area for clients, management, and compliance. Without the proper tools and with internal resources already strained, how are you going to address an ESG mandate from your top client? Can you tell which of your recent research touches on a specific ESG issue? You could outsource the work to a manual tagging service provider, but that brings its own set of problems with accuracy and consistency.
Tagging, the application of topics and themes on top of research, plays a crucial role in making content more searchable and discoverable, thus improving its monetization. But today’s manual and legacy automated tagging approaches are inadequate when it comes to delivering on both precision and relevance. Tagging can be insufficient, excessive, incorrect, or inconsistent: a four fold problem. This makes it difficult for users (both internal and external) to discover content or consume it in a timely fashion.
Regardless of the content you publish, supervisory analysts spend considerable time manually reviewing reports to ensure not only that their content offers valuable market insights, but that it is also free of misleading language, which could result in fines from regulators.
To solve these issues, Amenity has produced a set of NLP-based tools to accelerate the review process and to enrich the metadata for published research—thereby making it more searchable and discoverable. Amenity’s AI-powered NLP enables platforms to understand and process text the way a trained analyst would, but in an automated way. It makes the processes of research authoring, and reviewing more efficient and systematic.
With this partnership, the Eidosmedia-integrated platform will provide authoring analysts with access to our three key tools: research quality analysis, thematic tagging, and entity tagging.
These instant, actionable insights can reduce the time to edit and review reports by up to 50 percent.
Amenity can also work with clients to create and implement their own themes.
The two tagging models have been able to tag relevant themes and entities within a report with 90 percent accuracy and higher. We accomplished this by working closely with the client to adjust model performance according to their view of the world.
We’re delighted to launch this new integrated platform and offer a solution that allows research authors in the financial sector to analyze key trends in the market. Already, we’re seeing early success in a program with a Fortune 500 financial services company that is working to implement the all-in-one platform in their production environment. The platform is already enabling the analyst team to maximize their research and product in a fraction of the time, reducing its estimated $3 million spenddown to nearly $500,000.
We’ve also just released an ESG thematic tagging solution to identify issues related to sustainability, social risk, and corporate governance.
Expect to see some new features later this quarter, as well. Tagging will allow users to create more fractional metadata with topics tagging. Another offering coming down the line will be expanded entity tagging, which will detect not just companies, but also entities such as geography, currencies, asset classes, and industries—just to name a few.
This communication does not represent investment advice. Transcript text provided by S&P Global Market Intelligence.
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