Spreading Process Automation

Automatically extract 1000s of data points from annual reports – comprehend tables as well notes​

/AssistedEarningsReleaseCommentary/puzzle (1).svg

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

Challenge

50k + annual reports to be processed every quarter across many geographies & industries.

50k + annual reports to be processed every quarter across many geographies & industries.

Multiple regulatory standards, conventions and language patterns used.​

Multiple regulatory standards, conventions and language patterns used.​

Industry specific variations in the data points​

Industry specific variations in the data points​

Extract granular details from non-standard tables as well notes & description text.​

Extract granular details from non-standard tables as well notes & description text.​

Botminds Solution

Customized industry specific AI models for client taxonomy.

Customized industry specific AI models for client taxonomy.

Leveraged pre-trained Botminds Table understanding core models & financial documents reader models​.

Leveraged pre-trained Botminds Table understanding core models & financial documents reader models​.

Annual reports converted to the client expected structure immediately​

Annual reports converted to the client expected structure immediately​

Results

80%
Accuracy

Working AI models with 80% accuracy in two weeks with continuous improvement.​

75%
Save Time

Reduction in time spent to do one spread reduced to 2 hours from 6 to 8 hours.​

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

Request a Demo

See Botminds Unified platform in action

Please fill all form fields, to successfully submit the form