Featured image of post Financial Text Summarization

Financial Text Summarization

Summarize and Analyze Financial Text Using Transformers

Financial Text Summarization Project

📍 Live App: Try it on Hugging Face

Demo


Problem & Motivation

Financial analysts often face information overload when reviewing long earnings reports, transcripts, and market commentary.
This project builds a transformer-based system to:

  • Recognize speech from meetings/calls (Wav2Vec)
  • Summarize long financial text (BART)
  • Analyze financial sentiment (FinBERT)

Goal: Deliver fast, digestible, and actionable insights from unstructured financial data.


Model Architecture

Task Model Used
Speech Recognition facebook/wav2vec2-base-960h
Text Summarization knkarthick/MEETING_SUMMARY (BART)
Sentiment Analysis yiyanghkust/finbert-tone (BERT variant)

These models are orchestrated in a Gradio UI, enabling real-time interaction.


Workflow

  1. Speech-to-Text: Users can record/upload earnings call audio
  2. Text Summarization: BART reduces raw text to 3–4 key financial insights
  3. Tone Classification: BERT classifies sentiment as Positive, Neutral, or Negative

This pipeline empowers analysts to quickly identify risks, sentiment, and trends.


Technical Highlights

  • Transformer Models: Leveraged transfer learning from pretrained BERT, BART, and Wav2Vec2
  • Financial Domain Fine-Tuning: Enhanced summarization accuracy with finance-specific datasets
  • Web Deployment: Hosted on Hugging Face Spaces using Gradio for rapid access

Business Value

  • Saves analysts hours of manual review of financial disclosures
  • Supports investment decision-making with real-time sentiment
  • Powers AI-driven insights for traders, PMs, and hedge funds
  • Framework is scalable to global markets with future multilingual support

Future Enhancements

  • Multilingual report support (e.g. earnings calls in Chinese, Japanese)
  • Real-time news stream summarization
  • Integration with automated trading platforms
  • Continual fine-tuning on latest market data for relevance

📎 PDF Report: Download Here
🔗 Live Demo: https://huggingface.co/spaces/Vickiiiyippp/financial_text_summarization

Licensed under CC BY-NC-SA 4.0
comments powered by Disqus
Built with Hugo
Theme Stack designed by Jimmy