Trade Finance - Investment Banking Cover Letters
Problem: Trade Finance receives unstructured cover letters with data from sending and paying banks. Current solution lacks accuracy.
Solution: Model indexes and classifies documents at the field level. Classifies and extracts data, routing exceptions to staff.
Impact:
- 90% increase in straight-through processing.
- 62 samples used for model training.
- $750K annual savings.
Results Achieved: 1 week