Machine learning for the analysis of qualitative financial reports
The project aims to investigate the potential use of Machine Learning methods for semi-automatic analysis of qualitative financial reports to provide useful insights for SFSA officers and help them identify reports that warrants a closer look.
The Swedish Financial Supervisory Authority (SFSA) conducts risk-based supervision of the Swedish insurance market through a wide range of activities. One of the activities is a qualitative assessment of the financial reports submitted by insurance companies. The set of reports is extensive both in length and type, which makes the assessment process time-consuming. The overarching goal of this project is to investigate the use of Machine Learning methods for identifying information in the set of qualitative financial reports, that can serve as useful insight for the SFSA officers and help them prioritise their reading order.
Summary
Project name
SUPFI
Status
Completed
Region
Region Stockholm
RISE role in project
Executing part
Project start
Duration
16 månader
Total budget
EUR 281 671
Partner
The Swedish Financial Supervisory Authority (SFSA)
Funders
The Directorate-General for Structural Reform Support (DG REFORM)