Large banks, insurance companies and hedge funds are all required to gather reams of data on their clients to determine their risk and to meet regulatory requirements — a process known as client onboarding. The problem was, onboarding typically required humans to read and analyze sometimes hundreds of thousands of pages of documents, with little room for error.

Professional services firm KPMG was looking for a way to automate the costly onboarding process for its clients. Reports needed to capture information from SEC filings, blog entries, social media, text messages and other sources of structured and unstructured data.

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