Identify language of financial statement
using AI
Below is a free classifier to identify language of financial statement. Just input your text, and our AI will predict the type of financial statement it is - in just seconds.
Contact us for API access
Or, use Nyckel to build highly-accurate custom classifiers in just minutes. No PhD required.
Get started
import nyckel
credentials = nyckel.Credentials("YOUR_CLIENT_ID", "YOUR_CLIENT_SECRET")
nyckel.invoke("language-of-financial-statement", "your_text_here", credentials)
fetch('https://www.nyckel.com/v1/functions/language-of-financial-statement/invoke', {
method: 'POST',
headers: {
'Authorization': 'Bearer ' + 'YOUR_BEARER_TOKEN',
'Content-Type': 'application/json',
},
body: JSON.stringify(
{"data": "your_text_here"}
)
})
.then(response => response.json())
.then(data => console.log(data));
curl -X POST \
-H "Content-Type: application/json" \
-H "Authorization: Bearer YOUR_BEARER_TOKEN" \
-d '{"data": "your_text_here"}' \
https://www.nyckel.com/v1/functions/language-of-financial-statement/invoke
How this classifier works
To start, input the text that you'd like analyzed. Our AI tool will then predict the type of financial statement it is.
This pretrained text model uses a Nyckel-created dataset and has 30 labels, including Arabic, Czech, Danish, Dutch, English, Filipino, Finnish, French, German and Hebrew.
We'll also show a confidence score (the higher the number, the more confident the AI model is around the type of financial statement it is).
Whether you're just curious or building language of financial statement detection into your application, we hope our classifier proves helpful.
Recommended Classifiers
Need to identify language of financial statement at scale?
Get API or Zapier access to this classifier for free. It's perfect for:
- Financial Document Screening: This function can automate the identification of the language used in financial statements before processing them. This ensures that documents are routed to the appropriate team or translated correctly, reducing misunderstandings and enhancing compliance.
- Cross-Border Mergers and Acquisitions: In international M&A activities, this function aids in swiftly identifying the language of financial statements from potential acquisition targets. This enables quicker due diligence and reduces the time spent on language-related barriers.
- Regulatory Compliance Monitoring: Financial institutions can use this function to verify that all financial statements submitted for compliance reviews are in the required language. This minimizes the risk of non-compliance fines due to language discrepancies in documentation.
- Multilingual Financial Reporting: Companies that operate in multiple countries can leverage language identification to streamline their reporting processes. By recognizing the language of existing financial statements, they can better manage translations and ensure consistency across reports.
- Automated Financial Auditing: During the auditing process, this function can quickly categorize financial statements based on their language, enabling auditors to prepare relevant checklists and methodologies for reviews. This leads to more efficient audits Ùˆfacilitating cross-language communication.
- Sentiment Analysis for Investment Decision Making: Analysts can use the language identifier as a preprocessing step before conducting sentiment analysis on financial statements. This ensures that the analysis is accurately applied to the correct linguistic context, enhancing the quality of investment insights.
- Language-Specific Machine Learning Model Training: Organizations can utilize this function to segregate financial statements into language-specific datasets for training machine learning models. This tailored approach enhances model performance for language understanding and predictive analytics in the financial sector.