Case Study: a global capital markets ecosystem achieves faster, more accurate balance sheet comparisons with Datamatics TruAI and TruBI

a global capital markets ecosystem boosts balance sheet analysis accuracy to 97% with Datamatics

The client, a cornerstone of the global capital markets ecosystem, faced a significant bottleneck with its manual quarterly process. Their finance team spent a month comparing balance sheet reports for critical accounts, leading to delays and risk of error. The challenge, relayed to vendor Datamatics, was to automate this comparative analysis to improve speed and insight quality for the CFO and stakeholders.

Datamatics implemented an integrated solution using its TruAI and TruBI platforms. TruAI employed NLP-based text analytics to automate the extraction, comparison, and classification of financial data from documents like tax returns, while TruBI provided real-time dashboards. The results reduced the comparison time from one man-month to just four days and increased process accuracy from 75% to 97%, significantly improving compliance and audit readiness for the client.