How does
Ten56
Use AI?
Reduces manual workload and speeds up reporting
Project Overview
Automating data extraction from financial PDFs to streamline fund management.
Layman's Explanation
Instead of someone spending hours digging through financial PDFs, Ten56’s AI does it in moments, pulling out the numbers and summaries so people can get straight to the decision-making part.
Details
Ten56, a fintech firm, applies AI to extract and organize data from PDFs related to fund performance, which traditionally required tedious manual work by analysts. By using natural language processing, the system identifies key data points across varied document formats, converting them into structured insights that are usable for client reporting and internal analysis. This not only accelerates the turnaround time for client deliverables but also minimizes human error in critical financial data.
Analogy
It’s like replacing a human highlighter with a smart vacuum that sucks up all the important info and leaves the fluff behind.
Machine Learning Techniques Used
More Use Cases in
Finance
Novelty Justification
NLP for financial document extraction is now a standard tool in fund management.
Project Estimates
