Case Study: Fortune 50 Bank achieves 99% PDF financial data extraction accuracy with Snorkel Flow

Fortune 50 Bank - Customer Case Study

A Fortune 50 bank needed to extract structured financial data from private company documents like balance sheets and income statements. The institution faced the challenge of accurately parsing information from complex PDFs. To solve this, the bank partnered with Snorkel and used their Snorkel Flow platform.

Using Snorkel Flow, the bank built an AI-powered financial spreading application that could process both textual and visual-spatial data features. This solution, developed with Snorkel, achieved a 99% extraction accuracy and processed data in milliseconds. The application also provided 2x the coverage of a rules-based approach and was developed 45 times faster than manual hand-labeling would have allowed.