Brokerage Statement

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Brokerage statements are documents that are provided by a brokerage firm detailing the transactions and holdings in a client's investment account. The statement typically includes information such as the value of the account, the individual investments held, any changes in the value of those investments, and any fees or charges associated with the account.
The Brokerage Statement skill is a Framework Skill. It has been trained on a small document set and is intended to be used by citizen developers as a quick-start basis for processing brokerage statements.
The skill may require further training on your specific documents in order to be used in production scenarios.

Benefits

  • Framework Document Skills provide a quick-start basis for conducting proof of concept and automating document-centric processes, without wasting time to train a new skill from the ground up. In most Framework Skills the main data fields have been labeled and the skill has been trained on a small document set to provide a starting point for further training on customer side. Framework Skills generally come at no additional cost, but consume page volume from the base Vantage Core Skills volume.
  • The model automatically detects and extracts header information (account number, broker, client, statement start and end date, total portfolio value etc.) as well as data on holdings and transactions. For a full list of extracted fields, please see the skill documentation.
  • Business rules can be added as required, for example to check the statement period, set up a threshold for the account value etc.
  • Can be enhanced by adding human-in-the-loop review and verification step in the process, based on accuracy thresholds, missing or incorrect information.
  • Requires further training in order to ensure sufficient accuracy levels on customer-specific documents. Training can be done up-front or during runtime as documents arrive and go through manual verification.
  • Key fields: Account Number, Broker/Name, Client/Name, Total Portfolio Value, Statement Start Date, Statement End Date

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