Quick Overview
OnCorps AI developed an end-to-end AI system that automates financial report preparation and validation for global asset managers. The system parses complex PDF reports, retrieves source documents, and runs nearly 200 automated checks using NLP and named entity recognition to handle format variations. Dashboards track exception resolution and provide management oversight, streamlining review of reports often hundreds of pages long.
OnCorps AI
Company Size
Not publicly disclosed
Revenue Range
Not publicly disclosed
Primary Challenge
Reducing manual effort, improving accuracy, and accelerating validation of complex financial reports
Key Metrics
\- 92% reduction in time spent reviewing reports\- 60 exceptions found on first AI review\- One complete review round eliminated\- Near 93% accuracy in NAV delivery prediction\- 50-60% reduction in review time on average\- 50%+ increase in reporting team productivity
The Problem
Manual review of lengthy, complex financial reports was time-consuming, error-prone, and lacked transparency
The Solution
AI-powered platform automates ingestion, reconciliation, calculation, and style checks; uses machine learning agents for continuous improvement and exception tracking
Results
\- Dramatic time savings (from days to minutes)\- Significant reduction in manual labor (up to 92%)\- Improved audit quality and compliance\- Enhanced oversight with transparent audit trails\- Enabled staff to focus on higher-value analysis
“The biggest benefit of OnCorps’ Review AI is the time savings. Our review time has been cut by 50 to 60% on average, allowing our team to focus on more valuable analytical work.”“OnCorps moved quickly to solve longstanding industry challenges and enhance fund NAV oversight.”
Devin Kelly, Fund OperationsJosh Ratner, Head of Americas Operations, Pimco
Details
Industry
Finance & Banking
Departments
Finance & Accounting
Use Cases
Financial Reporting
Tags
GenAI
NLP
Scalability
Team Efficiency
Time-Saving
AI Tools Used
No items found.
Sources
https://www.oncorps.ai/solutions/case-study-financial-reportinghttps://www.vktr.com/ai-disruption/5-ai-case-studies-in-finance/https://www.oncorps.ai/case-studies/natixis-financial-reporting-reviewshttps://blog.modusx.digital/en-eu/articles/how-ai-enhances-financial-reporting-accuracy-and-efficiencyhttps://www.linkedin.com/posts/oncorps_financial-reporting-case-study-activity-6977723448210948097-LIddhttps://www.xceptor.com/newsroom/xceptor-and-oncorps-ai-partner-to-deliver-enhanced-automation-solutions-to-financial-services-industry
More Case Studies
See All
How United Methodist Communities Boosted Transparency and Efficiency with AI Analytics
Healthcare & Medical
How Automata Leads Boosted SaaS and B2B Sales with AI-Powered Lead Qualification and Nurturing
Technology & SaaS
How Document360 Uses AI to Create Dynamic, Searchable, Multi-Lingual Knowledge Bases that Reduce Support Tickets
Technology & SaaS
How a Global Consumer Goods Manufacturer Uses AI-Driven Dashboards to Accelerate Product Launches and Optimize Supply Chain
Manufacturing
How a Global Software Project Used an AI Chatbot to Improve Communication and Accelerate Delivery
Technology & SaaS
How Rigplay Uses Generative AI and ML to Automate Human Motion Animation and Slash Production Costs
Media & Entertainment