Speechmatics has launched an English language pack specific to the finance industry, designed to improve accuracy in speech recognition for compliance, fraud identification, analytics, financial news and earnings calls. The company's speech-to-text engine can now identify finance terminology, reducing errors by 40% and avoiding confusion with abbreviations, acronyms and finance-specific terms. This addition aims to support inclusivity in the financial services sector, where industry jargon can be confusing for standard speech-to-text engines. By leveraging its trained model on 200,000 hours of earnings calls transcripts, Speechmatics has overcome significant challenges traditional speech-to-text engines have struggled with. The company's new offering sets a blueprint for high-stakes industries with complex terminology, paving the way for industry-specific packs in sectors such as medicine and law.