Botminds Business Guide for Financial Operations

Automatically extracting values from financial tables & notes and mapping to custom taxonomy

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A large American financial services & rating agency had to Process ~200 thousand annual reports of banks

A large American financial services & rating agency had to Process ~200 thousand annual reports of banks

Challenge

~2 millions pages in 10+ languages and multiple reporting formats & styles

~2 millions pages in 10+ languages and multiple reporting formats & styles

High variations in the descriptions and line items that needs to mapped to single taxonomy

High variations in the descriptions and line items that needs to mapped to single taxonomy

Data normalization & transformations are needed post extraction, 100+ trained analysts doing manual tagging

Data normalization & transformations are needed post extraction, 100+ trained analysts doing manual tagging

Quality is critical as it powers some important financial models

Quality is critical as it powers some important financial models

Botminds Solution

Leveraging the pre-trained table understanding and financial statement understanding models to deliver first version of the solution within days.

Leveraging the pre-trained table understanding and financial statement understanding models to deliver first version of the solution within days.

Trained the client’s SMEs on Botminds AI platform. SMEs used point & click interfaces from day 1 to improve the accuracies.

Trained the client’s SMEs on Botminds AI platform. SMEs used point & click interfaces from day 1 to improve the accuracies.

Upstream & Downstream custom integrations made to make Botminds AI to work seamlessly with clients current workflow

Upstream & Downstream custom integrations made to make Botminds AI to work seamlessly with clients current workflow

Results

90%
Accuracy

Botminds AI to transform Any Complex Annual Reports to structured data in minutes

60%
Improved Efficiency

Ready Bots for Production with Preloaded models from 1000s of annual reports

4x
Productivity Improvement

SMEs time and efforts are reduced by landing on the relevant table and quick review

100%
Scalable

Any industry and any type of annual reports key data's extracted with ease

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