Home > XtractEdge > Events > Unlocking the value from unstructured data and documents- A Financial Services Industry Spotlight
A huge chunk of data within organizations is unstructured and locked in documents. AI enabled Intelligent Document Processing (IDP) is a game changer opening doors to a wealth of rich insights critical for faster and easier decision making without the need for time-intensive and manual extraction of information from documents.
Industry specific processes continue to dominate IDP adoption. Financial services, with use cases in customer onboarding and contract analysis, is showing significant traction.
Financial services enterprises often deal with a variety of complex contracts with inherent risks. IDP can step up the process of analyzing and reviewing contracts identifying and extracting key clauses and terms for better risk analysis and shortening negotiation cycles. Similarly, customer onboarding is a crucial process for banks, who need to ensure adherence to KYC and other norms, as also a smooth onboarding experience. IDP reduces the repetitive manual data entry and analysis thereby providing both speed and compliance.
Time | Session | Speakers |
17:00 | Networking drinks | |
17:45 | The Future of AI in the Financial Services Sector | |
18:05 | Unlocking the value from unstructured data and documents in Financial Services | Justin Kline, Senior Account Executive, EdgeVerve |
18:25 | Panel discussion: How businesses can ease the complexity of processing documents with the help of AI |
Praveen Kombial, Vice President, Global Sales Head, EdgeVerve
Imke Jacob, Partner, New York office, McKinsey & Company |
19:10 | Open House and Q&A | |
19:20 | Three Course Seated Dinner | |
20:30 | Program ends |