Reduced workload: Containing, on average, around 150 pages, the manual processing of a prospectus can be time consuming. Our model analyzes a prospectus much faster than the human equivalent procedure, increasing the efficiency and freeing up valuable time.
Minimized errors: Due to the length of documents and the different interpretation of the regulation by reviewers, the manual process is error prone. This product offers a standardized process, automated by a pre-trained model that makes consistent decisions, thereby reducing errors and removing human bias from the process.
Hybrid system: Leveraging the power of “with”, the product accelerates the compliance task by providing a subset of sentences to the human decision maker. The four-eye compliance check is augmented with technology.
User friendly interface: The product is packaged to ensure optimized usage. The user friendly interface enables the processing of multiple prospectuses one after the other, stores the results in a centralized database, and allows confirmation or rejection with comments seamlessly.
Traceability: The solution is integrated with a database of prospectus documents that should be assessed. After classification, all metadata (including relevant sections extracted by the algorithm), the user’s confirmation, a timestamp, and any comments are documented and stored. This decision trail can be used for auditing and compliance purposes.
