(CHICAGO, June 6, 2018) – GreenKey Technologies, creator of an artificial intelligence (AI) and voice-driven collaboration tool for financial market participants, announced today that the U.S. Patent and Trademark Office has accepted its application for improved speed and transcription accuracy of automatic speech transcription based on multiple speech-to-text engines. The speech recognition engine, GreenKey Scribe, can reduce transcription error rates by 50 percent using the approach documented in the new patent.
At GreenKey, our data science team is constantly focused on one question: How do we make a machine recognize speech as well as humans? Several companies have shown computers outperforming humans at speech recognition, but these tests are normally on specific types of audio and don’t involve noisy environments. The fact is speech recognition engines have a hard time understanding all speech as well as humans. Instead, many speech recognition engines are trained to perform well on specific content.
GreenKey Technologies, creator of an award-winning, team-based, voice collaboration tool for financial and regulated markets, announced today that the U.S. Patent and Trademark Office has granted the company a second patent for its latest innovation: speech-to-text for the financial markets, incorporating custom processes for language model creation; model training; error correction, and accelerated transcription to allow for fast, accurate transcription of domain-specific conversations and instructions. The technology was designed to help firms comply with regulations such as MiFID II, which requires the capture of all voice orders and quotes intended to lead to an execution, even if they do not result in a trade.
GreenKey Technologies, creator of an artificial intelligence (AI) and voice-driven collaboration tool for financial market participants, announced today that the U.S. Patent and Trademark Office has accepted its application for human speech-to-text and subsequent interpretation of spoken financial trades in a fast and accurate manner. The speech engine, “GreenKey Scribe,” is trained on terabytes of financial conversations and allows for human error correction to achieve industry-leading transcription accuracy. Scribe uses proprietary decoding techniques to transcribe audio up to 10 times faster than other engines and includes natural language processing libraries called Product Class Interpreters to automatically extract relevant data from a conversation.
GreenKey Technologies, winner of the 2015 most promising sell-side start up award and maker of voice software designed specifically for traders and brokers, announced today the USPTO has granted the company a patent for their “soft turret” functionality. The GreenKey cloud-based “software turret” completely replicates the functionality of legacy hardware turrets and lines but at a fraction of the cost. Traders and brokers simply download the voice software onto their PC, establish connections to counterparties and “push-to-talk” in real time with an unlimited amount of users.