Trading records reconciliation for investment firm
95%
straight through processing
2000+
statement structures processed daily
90%
labor-savings
Client
Top Asian Investment Firm
Goal
Reconcile over two thousand types of transaction statements daily
CHALlENGE Overview
A top investment firm in Asia deals with trading records from different parties with file formats and layouts resulting in over 2000 types of data structures.
Originally, the firm would adopt a variety of solutions to extract information from these differing data structures but the growing variety of data has made the process inefficient and difficult to manage.
WHAT WE DID
- Converted input data with large varieties to a standard SinguHTML format for labeling purposes
- Built AI model within days on our SinguTXT / Real-Time AI platform to process all data types
- Compared output data to input data to verify accuracy of the extracted information
Business value
- Output data in JSON format can be converted into other file formats and inserted into any database
- One-stop shop for information extraction needs