Trading records reconciliation for investment firm
straight through processing
statement structures processed daily
Top Asian Investment Firm
Reconcile over two thousand types of transaction statements daily
Investment firm dealing with trading records from different parties with various file formats and layouts resulting in over 2000 types of data structures.
- The firm was using a variety of solutions to extract information from the differing data structures, but the growing variety of data made the process inefficient and difficult to manage.
WHAT WE DID
- AI model built within days to process various layouts, formats, and data types.
- Integrated solution to transform data from unstructured to structured and feeding that data to JSON format for use in several systems of record.
- Fully automating trade confirmation statement reconciliation, using AI and ML to provide the highest level of accuracy.