In recent years, studies on automatic speech recognition (ASR) have shown outstanding results that reach human parity on short speech segments. However, there are still difficulties in standardizing the output of ASR such as capitalization and punctuation restoration for long-speech transcription. The problems obstruct readers to understand the ASR output semantically and also cause difficulties for natural language processing models such as NER, POS and semantic parsing. In this paper, we propose a method to restore the punctuation and capitalization for long-speech ASR transcription. The method is based on Transformer models and chunk merging that allows us to (1), build a single model that performs punctuation and capitalization in one go, and (2), perform decoding in parallel while improving the prediction accuracy. Experiments on British National Corpus showed that the proposed approach outperforms existing methods in both accuracy and decoding speed.
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