Here's Why CRISIL is Investing into Deep Learning - ET CIO

"We are transforming the business analysis process through automation, aimed at making the life of every analyst focused on providing quality output rather than substantial manual efforts on data quality check, " Ramesh Lakshminarayanan, CIO, CRISIL told ETCIO. To improve its research reports and analytics, Crisil has been adopting automated data extraction including extraction of unstructured paragraphs, tables, etc which are automated to the data mapping (financial taxonomy mapping) and automatic text summarisation (Natural Language Generation, or NLG) of analyst opinion. Almost 90 percent of Crisil's key processes are data-driven. The company has initiated a large streamlining effort in 2019, in multiple phases. The first phase was to automate a lot of mundane web crawling/ extraction work, as the ratings agency collected a chunk of data from various sources on the web.