Case Study: Leading European Bank achieves sub-24-hour document extraction and 98.6% accuracy with Sirion

Analyzing diverse valuation reports for risk-weighted asset capital relief

Leading European Bank faced an urgent challenge after the Greensill Capital collapse: lawyers and creditors needed critical data from some 10,000 credit and investment documents to support bankruptcy and asset-recovery actions. To meet this tight deadline, the bank engaged Sirion to provide its automated document-extraction and intelligent document-processing solution.

Sirion ran a rapid deployment—demoing the approach, labeling documents, training models and processing the corpus overnight—delivering results in under 24 hours. Sirion extracted 22,000+ data points with a 98.6% accuracy rate, eliminating the need for manual review, saving weeks of work and significant cost, and giving the bank timely, reliable data for its legal recovery efforts.