Evaluating the Best OCR Tools for Financial Document Automation

Evaluating the Best OCR Tools for Financial Document Automation Compare and contrast common document recognition tools to find the right one for your business. Contents Too Long, Don’t Read Using OCR Tools in the Financial Sector Types of OCR Tools Available Popular OCR Tools and Software for Financial Documents Key Features to Consider When Researching […]

Data Standardization in Regulatory Compliance

Implementing Effective Data Standardization in Regulatory Compliance Explore the benefits, challenges, and solutions for data standardization at a global enterprise. Contents Too Long, Don’t Read Regulatory Compliance in the Financial and Healthcare Sectors The Role of Data Standardization in Regulatory Compliance Best Practices to Meet Regulatory Compliance Additional Benefits of Data Standardization Ask Jason! In […]

Cross-Platform Data Standardization

Navigating the Complexity of Cross-Platform Data Standardization in a Global Economy Explore the benefits, challenges, and solutions for data standardization at a global enterprise. Featuring guest contributor, Mark Dangelo. Mark Dangelo currently serves as an independent design and innovation advisor to banking, mortgage, insurance, healthcare, private equity, and miscellaneous VC funded firms developing data meshes/fabrics, […]

The Real Cost of Bad Data

Half a Billion and Counting: The Real Cost of Bad Data Citigroup was ordered to pay more than five hundred million dollars in fines for poor loan quality. Contents Details of the infraction What went wrong How to avoid the same mistakes Citigroup was ordered to pay $135 million in fines for making insufficient progress […]

The 3% OCR Accuracy Gap

OCR technology has the potential to revolutionize the way enterprises process documents. However, without data validation technology, the full benefits of OCR cannot be realized. Data validation enhances the accuracy, reliability, and efficiency of OCR systems, making them truly effective for enterprise use. By investing in robust data validation solutions, enterprises can unlock the full potential of their OCR systems, ensuring accurate data extraction, compliance with regulations, and improved operational efficiency.

What is Fuzzy Matching?

fuzzy matching vs entity matching

Fuzzy matching is an advanced technique to link data points that are connected in real life. Enterprises use fuzzy matching to speed up data comparison and standardization. When combined with a robust data validation process, fuzzy matching helps improve overall data health.

Generating Value from Generative AI

Generative AI will heavily influence the value of information services companies in the next half decade, according to a report by Morgan Stanley.

Document Validation for FinServ Risk Management

document validation

The financial services sector is increasingly recognizing the importance of data quality for risk identification and compliance management. Deloitte listed the major challenges facing QA teams in the financial sector, recommending that using automation to assist in quality control processes “can enable better controls over completeness and timely resolution.”

Data Observability for the C-Suite

data observability for the c suite

Leaders eying artificial intelligence must improve their data health first. For the CXOs, the priority is running a tight operation that can pivot faster and outmaneuver the competition.