Commercial Lending with Cognaize

Challenge

Inefficiencies in Commercial Lending Document Management

The commercial lending sector often struggles with managing unstructured financial data from borrowers. These documents typically lack standardization and require extensive manual data entry, residing in poorly integrated storage systems that necessitate manual retrieval for ongoing lender-borrower interactions.

This cumbersome process is time-consuming and significantly hampers operational efficiency.

Solution

Cognaize’s Targeted AI Innovations

Cognaize has developed its AI platform with a suite of solutions tailored to tackle the intricacies of financial document management through:

• Close Domain Extraction: Utilizing deep learning models, our platform accurately extracts critical financial data from unstructured documents, capturing the essential context unique to each institution’s specific ontology
• Open Domain Queries: Our AI Financial Assistant facilitates plain language querying within a vast database of unstructured documents, ensuring fast and reliable ad-hoc information retrieval.
• Generative AI: By building custom knowledge graphs and employing precise language models, our platform delivers high accuracy in data retrieval and minimizes common errors in generative AI processes.