TextMine

What is TextMine?

TextMine is an AI-powered enterprise solution designed to extract structured data from documents, making it an invaluable asset for procurement, KYC (Know Your Customer), compliance, and legal teams. It transforms documents into explainable, auditable insights, enabling organizations to unlock value from existing workflows at a fraction of the cost.

How does TextMine work?

TextMine uses in-house developed AI models to extract and verify data from critical documents. It offers features such as:

• Vault: Extract & verify data from critical documents, assign reviewers, trace sources, export audit-ready PDFs.
• Legislate: Search, filter & export structured views. Bulk export your extracted data as a CSV or marked up PDFs.
• Agents: Automate routine checks. Pull documents from third-party sources, trigger workflows, monitor risk and flag documents.

The platform emphasizes a human-in-the-loop approach, ensuring users are always in control. The AI models are explainable and auditable, and can be adapted to specific requirements.

Key Features and Benefits

• Automated Evidence Collection: Automatically pull live filings from sources like the SEC.
• Source Tracing: See exactly which document sections answer specific questions.
• Enterprise-Grade AI: Provides full explainability, human-in-the-loop review, and model confidence scores, ensuring trust and transparency.
• Time Savings: Reduces document review time by up to 85%, from hours to minutes.
• Audit-Ready Outputs: Generates 100% audit-ready outputs.
• Enterprise-Ready Infrastructure: Offers SSO via SAML, granular RBAC, audit logs, and more, enhancing security and compliance.

Why choose TextMine?

TextMine stands out due to its focus on explainable AI, enterprise-grade security, and significant time savings. Unlike black-box AI solutions, TextMine provides transparency and allows users to understand how the AI arrives at its conclusions. The platform is also ISO27001:2022 certified, ensuring compliance with international security standards.

Transparent AI Governance

TextMine’s AI models are developed in-house, allowing the company to explain the outputs and share evaluation metrics with Model Risk teams and AI Committees. This level of transparency fosters trust and ensures that the AI is aligned with the organization's goals and values.

Enterprise-Grade Security, Compliance, and Trust

Security is paramount. TextMine offers features like SAML Single Sign-On, Role-Based Access controls, and exportable Audit logs. It is available as SaaS or in a private AWS VPC, providing flexibility and control over data residency.

Use Cases

TextMine is versatile and can be applied in various industries and functions:

• KYC/AML Operations: Automate evidence collection from SEC filings and corporate documents, reducing review time from hours to minutes.
• Credit & Trade Finance: Extract key data from loan agreements, bills of lading, and insurance documents to spot risks faster.
• Risk & Advisory: Perform fast, repeatable audits across client policies, contracts, and filings, increasing project margins.
• Contract Intelligence: Ask questions about contracts in natural language and generate contract summaries.
• Procurement: Extract key data from various procurement-related documents to streamline processes.
• Surveillance & Compliance: Helps financial institutions reduce processing times while increasing compliance.

Who is TextMine for?

TextMine is suitable for:

• Financial institutions dealing with KYC/AML compliance
• Advertising agencies auditing contracts
• Risk advisory firms
• Procurement teams managing numerous documents
• Legal teams seeking contract intelligence solutions

Customer Success Stories

• Tier 1 Global Bank: Reduced 2-hour KYC reviews to 15 minutes using Vault and Agents.
• Big 6 Advertising Agency: Audited 2,500+ contracts in hours, not weeks, with fully explainable results.

Pricing

Contact sales team through the official website to get pricing information.

In conclusion, TextMine is a powerful AI-driven platform that streamlines document data extraction, reduces manual review time, and enhances compliance. Its explainable AI models and enterprise-grade security features make it a trustworthy solution for organizations seeking to optimize their document-intensive workflows. Best way to transform your documents into insights.