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XQuant Helps Businesses With Unstructured Financial Data Processing for Efficient Output

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Press Release

Dec 28, 2022 10:00 EST

For financial companies and FinTech businesses, data is the most critical asset. However, for most companies, 80% of data is unstructured. Korean company XQuant wants to help companies and businesses in the finance sector with data automation using AI. XQuant was established in 2019 to deliver services to financial institutions increasingly interested in using AI to improve their decision process and operational efficiency.

For companies, manual data processing can be time-consuming, with significant chances of errors. This can lead to loss and liabilities for the financial companies. XQuant has combined the most advanced OCR and NLP techniques to…

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