According to the chapter, what future research directions are suggested to fill the gaps in text mining in finance?
Suggested research directions include exploring grey literature for a more current view of text mining in finance, creating a taxonomy of decisions based on text mining findings, examining the traits of businesses that have successfully used text mining, and performing more thorough analyses of the data sources used for text mining, especially internal documents.
The chapter identifies four specific ways to fill the gaps in text mining research. First, researchers could examine grey literature sources to gain a more current perspective on how text mining is used in finance. Second, they could develop a taxonomy of decisions that are based on text mining findings. Third, they could investigate the characteristics of companies that have successfully adopted text mining. Fourth, they could conduct more detailed analyses of text mining data sources, with special attention to internal documents. These directions are presented as opportunities to expand understanding in Big Data and finance.
Key points
- Look into grey literature sources for a more current perspective on text mining in finance.
- Create a taxonomy of decisions based on text mining findings.
- Examine traits of businesses that have successfully used text mining.
- Perform more thorough analyses of data sources, especially internal documents.
AI and Fintech: Improving the Financial Landscape
K. P. Jaheer Mukthar etc.
First edition · CRC Press