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香港經濟日報 HKET: Wizpresso AI saves over 70% time from document verification

8 February 2024 – Wizpresso is featured by the Hong Kong Economic Times 香港經濟日報 on how its technology contributes to financial markets by streamlining due diligence workflows. “Due diligence often requires domain-specific and procedural knowledge that is still challenging for conventional AI models to generate. While AI technologies cannot fully replace professionals, they can streamline […]

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Digitizing your knowledge by making virtual data rooms smarter with AI technology 

Data Room is a virtual space used to store and share confidential files and information securely. Usually created by companies, law firms, investment banks, and other organizations to share sensitive documents and information, such as financial statements, contracts, patents, and other important documents with potential buyers, investors, lawyers, and key stakeholders in business transactions, such

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Automating Credit Assessment in Commercial Loans with Document Intelligence

Background In the fast-paced world of commercial and industrial lending, banks face the ongoing challenge of efficiently and accurately assessing the creditworthiness of companies. The traditional credit assessment process involves meticulous manual work, requiring extensive analysis of financial statements, business models, industry dynamics, credit histories, collateral, and compliance postures. Credit and lending products, on average,

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