Symcor’s Data Extraction Services Can Help Financial Institutions

Regulations are continually evolving, and adapting the organization to new and changing rules is increasingly complex and costly. Financial institutions (FI) require reliable and organized data at their fingertips to run their processes effectively and meet their compliance reporting obligations. This demands fast and efficient review of financial documents and cheques, a time-consuming and labour intensive effort that is prone to oversight.

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Symcor’s Data Extraction Service can help save time, reduce errors, and spare employees from having to manually collect and collate necessary information (such as payee name, deposit account number, and even notes in the memo line) from a large number of documents or cheques. Click here to download the Use Case.

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