Case Study: Global Investment Bank achieves automated extraction of ISDA contract data to manage $3.3 trillion in credit risk and cut outsourcing costs with Adlib Software

Global Investment Bank Manages $3.3 Trillion of Credit Risk Using Adlib’s Extraction Software

Global Investment Bank, which manages $3.3 trillion of credit risk in international derivative swap contracts, needed to replace an error-prone, costly manual process for extracting key data from ISDA contracts to meet Dodd-Frank compliance. The bank engaged Adlib Software, leveraging Adlib Software’s intelligent extraction and OCR capabilities (Adlib Content Elevation Process™) to automate searching and extraction of contract data across lengthy, high-volume documents.

Adlib Software converted contracts to high-fidelity PDFs, applied accurate OCR, and implemented a custom rules-based extraction solution to locate and analyze required data points regardless of layout. The solution met volume and document-length demands, enabled the bank to analyze and manage its credit risk, and delivered clear cost savings—replacing an outsourced process that cost $750,000 per 3,000 documents and saving the organization millions.

Global Investment Bank