FinTrU, a financial services firm headquartered in Northern Ireland with delivery centers across Europe and North America, provides some of the world’s top investment banks with technology-enabled lifecycle management solutions. To support global banks with their regulatory processes, the company built TrU Label: a platform for automating complex document workflows, powered by ABBYY AI.
first-time pass rate in compliance review
document classification accuracy
improvement in document processing efficiency
reduction in manual data entry errors
cost savings
first-time pass rate in compliance review
document classification accuracy
improvement in document processing efficiency
reduction in manual data entry errors
cost savings
In capital markets, document automation ranges from handling simple, structured forms to digesting long, sprawling, unstructured annual reports. The latter is where things get complicated—and where FinTrU operates, supporting global investment banks in high-complexity areas like Know Your Customer (KYC) compliance and credit risk.
Analysts were spending hours reviewing thousands of inconsistent, often hundreds-page-long financial documents. FinTrU needed automation that could handle high volumes and varieties of financial documents while still meeting strict compliance standards for their clients.
FinTrU developed TrU Label, a highly configurable document intelligence solution designed to automate data extraction from large, complex regulatory documents. To bring this to life, FinTrU partnered with ABBYY, integrating its advanced optical character recognition (OCR) and intelligent document processing (IDP) technologies directly into TrU Label. This allowed FinTrU to focus on its proprietary machine learning models and product differentiators, rather than building the full document recognition stack from scratch.
TrU Label includes pre-trained options for common regulatory use cases such as KYC, credit risk, and ISDA contract. With ABBYY’s IDP platform powering the document ingestion and data extraction layer, TrU Label was able to:
FinTrU launched the platform with a multinational bank in late 2023. Since then, the automation engine has been delivering remarkable results.
