Understanding financial reports using natural language processing

This project investigates how mutual funds leverage credit derivative by studying their routine filings to the U.S. Securities and Exchange Commission. Credit derivatives are used to transfer credit risk related to an underlying entity from one party to another without transferring the actual underlying entity. Therefore, we developed both rule-based and NLP based methods to extract CDS information from thousands of files and aggregate into a dataset and further developed a one of its kind search engine to provide quick access to historic data