SingaporeFinance and insurance2023 – ongoingOCBC
Document AI for financial, risk and ESG documents
OCBC reported cutting document information extraction from 30 minutes to 1 minute
Problem
Employees reviewed financial, risk and ESG documents.
Approach
OCBC deployed Document AI for information extraction. Staff dragged documents into the tool to receive summaries.
Results
1 minuteinformation extraction time per document, down from 30 minutes, according to OCBC
Takeaway
Extraction time did not measure the full review process.
Categories
- Size
- Large enterprise
- Industry
- Finance and insurance
- Business function
- Internal work and knowledge management
- Innovation type
- Process innovation
- AI technology
- Generative AI
- Adoption
- Built in-house
- Evidence
- Company's own claim
Sources
Source summaries
[1]OCBC24 Oct 2023
OCBC described Document AI. It reported extraction taking 1 minute rather than 30 minutes.
Full details are in the original sources.
Added 1 Nov 2026 · Updated 1 Nov 2026