PDF Data Extraction – Private Wealth Manager
PDF Data Extraction – Private Wealth Manager
2 Pages• CASE STUDY: PDF Data Extraction – Private Wealth Manager SITUATION In 2018 Smonik was introduced to a service provider who provides staff augmentation to a large mid- western Consulting/Audit/Tax/Wealth Management firm. Many of this firm’s wealth management clients held positions in hedge funds and/or private equity funds which made the process of data collection and data input a challenge. In addition, the wealth manager also received broker activity statements in pdf format from which the service provider was required to manually extract data and input to the internal accounting system; Advent Portfolio Exchange (APX). The service provider was looking for a way to automate the data collection and data entry function for these types of investments. CHALLENGE The chall
