By ET Bureau - December 04, 2020 1 Mins Read
Tellimer Group, one of the leading financial technology, information and data providers, has announced the launch of an AI data extraction and structuring tool, Parsel.
As big data collection and management continue to disrupt enterprises worldwide, the need for recovering information from large, unstructured datasets has become paramount. By leveraging AI algorithms and the innovative optical character recognition technology, Parsel can analyze tabular data caught in PDFs and other image files that produce readable and editable tables of structured information within minutes.
Parsel’s algorithm doesn’t require much training on datasets as it has achieved a 96.6% accuracy on financial documents.
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