Developing the Digital Office Virtual Event: Breaking Through the Limits Of Document Capture for Trade Finance

IBM and HSBC, the world's seventh largest bank, have partnered to design and deploy a document capture solution for Trade Finance, which integrates text analytics and Natural Language Understanding technologies to automate the capture of banking documents. Trade Finance is a document-intensive business process that involves extracting data from a wide variety of free form documents, which are exchanged between importers, exporters, banks, carriers, customs, insurers, and other parties involved in the export of goods all over the world. Previously, HSBC had tried other document automation solutions, but were unable to achieve acceptable results. This presentation will show how IBM Datacap's cognitive capture approach is able to extract the data needed to drive the process with extraordinary results.

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