Scanalityx - A Cognitive Document Analyser

Power Your Business Process with Scanalityx

Scanalityx, a Cognitive Document Analyser, seamlessly extracts data and derives insights from the extracted data.

Reduce costs

Reduce significant time and costs involved in data entry to convert physical documents into digital content
Insights from unfavourable documents

Generate insights from structured and unstructured content hidden in physical documents
Efficient Work force

Work force can move away from manual data entry and focus more on higher value work
Improve Speed

An efficient team will ensure timely analytics

An Intelligent document analysis component that converts images into digital content with context.

An analytics component that uses deep learning & machine learning algorithms on the digital content to derive valuable enterprise insights.

Client: A diversified financial services firm with global presence. (Revenue: ~1.2B USD (India), 354 offices in India)
As per regulatory requirements, every prospective customer submitted his/her bank statements.
The firm employed a team that manually enters & verifies the scanned bank statements.
The data captured is leveraged to generate different insights such as End of Day balances, Top 5 funds received, Top 5 funds remittances and etc.
For a 30-40 pager document, this entire process of extraction and insights generation took approximately 3 to 4 hours.

Quadratyx developed big data platform based solution
The benefits of distributed storage and parallel processing was realized when bank statements with more than 40 pages were processed and analyzed in less than 30 seconds.
Thus, the entire process of extracting and analysing the text and numbers from scanned images were automated.