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Collatio

Ingesting, harmonizing and reconciling data and its lineage in various financial, legal and operating documents

Features

BACKGROUND

  • Loan documents (pay-stubs, W2s, tax forms, banks statements, purchase contracts, fraud reports, etc.) are available in various formats such as scanned paper, PDF machine readable, XBRL/XML, JSON, Word, PPT, Excel CSV
  • Firms manually digitize and analyze the documents which is prone to errors and is expensive to scale

KEY FEATURES

  • Automatically processes loan documents without error
  • Handles all kinds of purchase contracts, payoff statements, pay-stubs etc.
  • Powered by 40+ proprietary AI algorithms to triangulate and fix errors
  • In-built subject matter expertise and domain specific ontologies
  • Automated data analysis and information extraction from contracts
  • Pre-built APIs able to access any external business management systems
  • Reinforcement learning via machine and human intelligence
  • Offers 85% reduction in time & cost over manual finance processes
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BACKGROUND

  • Financial and legal documents (cash flow statements, balance sheets, contract notes, trade confirmations, NAV estimates, etc.) are available in various formats such as scanned paper, PDF machine readable, XBRL/XML, JSON, Word, PPT, Excel and CSV.
  • Firms manually digitize and analyze the documents which is prone to errors and is expensive to scale

KEY FEATURES

  • Segregates and automatically processes error-free financial documents
  • Provides semantic similarity among trust documents and other agreements
  • Accurately reconciles balance sheets, income and cash-flow statements
  • Powered by 40+ proprietary AI algorithms to triangulate and fix errors
  • In-built subject matter expertise and domain specific ontologies
  • Automated data analysis and information extraction from contracts
  • Pre-built APIs able to access any external business management systems
  • Reinforcement learning via machine and human intelligence
  • Offers 85% reduction in time & cost over manual finance processes
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BACKGROUND

Data from multiple sources moves through several systems & is transformed, which leads to non-traceability of data’s origins, transformations & errors

KEY FEATURES

  • Pre-built library of 500+ transformation rules for various data types
  • Proprietary ML and NLP algorithms to “reverse engineer” business rules
  • Identifies data lineage via functional and format transformations.
  • Time-series graphs to show parameters & transformations at each “hop”
  • APIs & user interface for new configuration, rules, schedule & execution
  • Metadata management for guidelines, strategies, policies and implementation
  • 80% reduction in time cost
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BACKGROUND

  • Financial & operating documents (e.g., balance sheets, income statements, rent rolls, fund & tax statements) are often available in PDF, JPEG or paper formats
  • Firms manually digitize them, which is expensive to scale & results in errors

KEY FEATURES

  • Straight through processing with ~98% accuracy & reliability
  • Ingests documents in PDF, image, Excel, XBRL, Word, PPT & other formats
  • Pre-built APIs to connect with various sources
  • Digitizes > 200 pages/hour stores all input data that can be used later
  • ML, NLP and graph-based solution to reverse engineer formulas
  • 50+ pre-trained proprietary AI-based algorithms to validate values & fix errors
  • Pre-built financial ontology rules for mapping output to client specific templates
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BACKGROUND

Agreements in PDF or non machine-readable format require manual processing to detect non-compliance, which is expensive & difficult to scale; lack of compliance in agreements expose organizations to various risks.

KEY FEATURES

  • Extracts information such as key attributes and entities from contracts
  • Possesses prebuilt ontology for NDAs, SoWs, MSAs, etc.
  • 45+ pre-trained modules to digitize, validate attributes & fix errors
  • Able to search & compare documents; find trends & generate alerts
  • Machines learns on “its own” and via a “human loop”
  • Ingests documents in PDF, image, Excel, CSV & other formats
  • Pre-built APIs to connect to various sources & templates
  • Digitizes > 200 pages/hour & stores all input data that can be used later
  • Offers up to 85% improvement in time & cost over manual processes
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BACKGROUND

  • Duplicate payments, non-compliance & overpaid SoWs
  • Current reconciliation process is manual, difficult to scale & leads to errors
  • Companies lose average between 0.1% & 0.3% of all payments

KEY FEATURES

  • Handles all types of proforma, interim, past due and final invoices
  • Ingests documents in diverse formats, e.g., PDF, image, Excel, CSV, etc.
  • Extracts key attributes from any document scanned by OCR software
  • Automatically reconciles invoices and highlights any accounting errors
  • Ensures tax compliance by verifying invoices for KYC, FATCA, etc.
  • Proprietary domain ontology for invoices, purchase orders and others
  • Machines learns on “its own” and via a “human loop”
  • Provides vendor-specific dashboard with all invoices & their status
  • Digitizes > 200 pages/hour & stores all input data that can be used later
  • Offers 85% reduction in time & cost over manual reconciliation processes
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Key Differentiators & Business Benefits

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Anomaly Detection

Library of 25+ proprietary supervised & unsupervised algorithms, pre-trained & tested for our products

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Knowledge Graphs

30+ probabilistic spatial & temporal graph algorithms to determine links & connected entities

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Domain Ontologies

Prebuilt financial ontologies & business rules that each product will improve over time

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Data Cleansing & Harmonization

60+ algorithms for cleansing, harmonizing & validating data from internal & external sources in 30+ formats, e.g., JPEG, video, PDFs

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External Data Enrichment

40+ scrapers & connectors for ingesting web & paid data subscriptions, e.g., news, social media, traffic, geo-location, sanction lists

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Reinforcement Learning

In-built reinforcement learning algorithms that improves our products’ performance over time “with & without a human loop”

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User Interface and APIs

Pre-built graphical user interface (GUI) & APIs for quick deployment & integration with clients’ workflows

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Deployment & Scalability

Highly scalable with parallel & distributed computing with options to deploy on-premise or consume as SaaS

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Reverse Engineering

40+ proprietary ML & NLP algorithms to identify transformations & business rules and to fix manual & OCR errors

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Product Accuracy

91% – 98% accuracy that improves over time & with high quality ontology

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Time & Cost

60% – 85% improvement in time & cost over the current manual process

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Data Governance

Provides role-based access & sends alerts for exceptions to strategies, policies & compliance guidelines

For Demo & Additional Information

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