Financial Research Analyst Assistant
Learn how a major financial data and analytics company leveraged Articul8's platform to automate data understanding and to generate multimodal insights across 2 million financial documents.
2 million+
Documents ingested
~100ms
Roundtrip search retrieval time.
Fastest
Beta to production deployment
Background
A leading B2B financial data and analytics company was looking to leverage GenAI to drive transformational change in their software products. The mission was to transform the large financial data corpus owned by the customer into actionable insights for their end customers, pushing beyond the limits of traditional financial analysis offered in their current software products.
Challenge
The company's end-users such as investment banking and equity research teams deal with vast quantities of financial data - from market reports and economic indicators to company filings and global events. Traditional methods of financial data analysis are manual and time-consuming, and financial analysts spend hours on the company's platform searching and reading through all relevant documents to distill the data into actionable insights. In addition, they spend a considerable amount of time manually putting together reports that could sometimes be hundreds of pages long. They rely on tools offered by the Financial Analytics Company to inform and improve their investment thesis, however, the existing tools didn't offer rich connected inputs sourced from multi-modal datasets. This left a significant burden of connecting disparate sources of data on the analysts.
Solution
The company partnered with Articul8 AI to leverage GenAI to drive automated data understanding and multimodal insights, with a focus on improving their end-user experience to bring customer-facing, revenue generating use cases to market quickly. Leveraging Articul8 AI's GenAI platform, the team processed and ingested 2M+ documents (250B+ tokens) including 10K filings, 10Qs, earnings transcripts and proprietary research and analysis documents in their production deployment. The outcome was a GenAI-powered financial analyst copilot that included capabilities such as conversational search, on-demand summaries and insights with source links, role-based metadata filtering for customized access, and multi-dimensional summarization through a knowledge graph for exhaustive analysis.
Outcomes
Business Impact: This project received strong support from the company's C-suite and Board, reflecting GenAI's role in driving the company's growth and innovation and setting the stage for the company's evolution from a data provider to a business insights provider. This strategic shift is aimed at delivering greater value to the company's end customers through in-depth analytics and insights. The copilot product was the 'fastest beta-to-production deployment', in the words of the company's CIO and is already on track to drive multi-million dollars in net new revenue.
User Experience: Articul8's vertically integrated and optimized GenAI platform enabled a ~100ms roundtrip search retrieval time even with thousands of concurrent users. In addition, the GenAI-powered application received a 95% quality of response 'thumbs-up' score across hundreds of users in tens of enterprises during the product rollout.