Case Study: a global investment research and investment management firm cuts annual report processing time and costs by 63% with Infrrd

Global Investment Firm Uses Infrrd's Intelligent Data Processing For Translating And Extracting Data From Annual Reports Saves Time & Costs By 63%

Global Investment Research And Investment Management Firm, a global investment research and investment management firm, needed a better way to process huge annual reports and other financial documents used by analysts for investment research. The manual review of hundreds-page PDFs, along with translation of non-English filings, was slow, costly, and inefficient, especially at a scale of 20,000,000 documents per year.

Infrrd extended its Intelligent Data Processing platform to automatically extract, classify, translate, and convert scanned financial reports into searchable HTML while preserving layout and table structure. Infrrd’s OCR and machine learning capabilities supported 37 languages and helped the customer process 2 million financial documents annually, cutting time and costs in their financial analysis process by 63%.