Case Study: Equifax slashes data turnaround from days to hours and improves data quality with Altair Knowledge Works

Equifax Unlocks Value from Unstructured Data

Equifax, a leading provider of commercial credit information on millions of companies, faced costly delays and error risk extracting financial data filed with UK Companies House. Handling roughly 7,000 filings per day, the company relied on a third‑party re‑keying bureau with a typical 3–5 day turnaround, creating expenses and operational bottlenecks.

By deploying OCR with Datawatch’s automated data‑preparation and validation platform, Equifax converts filings to searchable PDFs, extracts and cross‑checks key financial and shareholder data, applies business rules, and uploads validated records to its core database. The solution reduced reliance on manual rekeying, cut costs, improved data quality, shortened turnaround from days to hours, and provided a scalable template for wider rollout.

Equifax

Nick Beresford

Head of Data Operations