We reflect on an area of alternative data that has seen substantial growth and evolvement in the past few years. This report examines some newer applications of natural language processing (NLP) we’ve begun to see emerge within the alternative data space.

NLP revisited – a quick primer

Over the years, Neudata has published many NLP-related intelligence pieces; however, this report aims to consolidate some newer applications within the landscape.

NLP refers to a branch of computer science and artificial intelligence. Simply put, it is the application of computational techniques to the analysis and synthesis of natural language speech. While there are some basic tasks commonly carried out by NLP ( i.e. named entity recognition, co-reference resolution, part of speech tagging, syntactic parsing and text categorisation), there are two main concepts to be aware of: