Throughout the past year, the use of artificial intelligence (AI) and other forms of technology within the financial services industry has continued apace. This will increase further as it dovetails with enriched natural language processing (NLP) through 2020 and into the coming decade and lead to more personalisation of services. Indeed, as noted in Crowdfund Insider, the European Union is to invest €100 million in artificial intelligence and blockchain start-ups next year, to boost the EU-wide innovation ecosystem. Globally, the Fintech revolution offers solutions to all manner of issues, and as we see in so many sectors, algorithms and AI can locate data and highlight trends. In doing so, such technologies operate automatically – and therefore can carry out functions much quicker than by human effort – and at a reduced financial cost as technology mitigates the need for large data-crunching teams.

JP Morgan, the world's sixth-largest bank, has reportedly acquired an undisclosed stake in Limeglass, the developer of a set of tools that eliminate information overload in order to help people focus on the "relevant paragraphs" of their financial market research. As one of JP Morgan's in-residence startup graduates, Limeglass' technology has been developed to automatically analyze the important information in research documents in real-time. The analysis tools take into consideration the context and structure of research papers. The firm's analysis tools use proprietary artificial intelligence (AI), natural language processing (NLP), and machine learning (ML) to "smart-tag" individual paragraphs in context. This allows financial institutions to personalize their research for internal and external users.

US investment bank JP Morgan has made a strategic investment in FinTech firm Limeglass, which deploys artificial intelligence (AI), machine learning and natural language processing (NLP) to analyse institutional research. Limeglass stated that it recently completed JP Morgan's In-Residence Program, after being accepted into the scheme for FinTech start-ups in February 2018. The program aims to help emerging technology companies develop products for banking. "The insights our research teams produce daily are a huge source of value to our clients. We are continuously investing in technology to help deliver industry-leading content and to help us and our clients further mine that value," said Hussein Malik, head of transformation and implementation for sales and research at JP Morgan.

Fintech Limeglass has launched to'atomise' research by using technology to tag reports in real-time so that they can be easily and quickly searched by the recipient at a granular level. Rowland Park, chief executive and co-founder of Limeglass, said in a report this week that the research market needs innovation as the majority of reports are still being consumed by the buy side as multiple page PDF and HTML documents sent by email, despite advances in technology. Park has more than 30 years' experience in the research industry and founded and grew start-ups IDEA Global and 4CAST, which focused on macroeconomics, policy and financial markets intelligence. Park wrote in the report that financial decision making rests on a three-legged stool – market data; breaking news; and research, which provides wider context for decision making. "The development of tools to better handle market data and breaking news have transformed, and continue to transform, the way activity in the financial markets is conducted," he added.