AIDOX – Intelligent Document Processing

Scotiabank’s Global AI & ML (GAIML) – Intelligent Document Processing (IDP) Team has built AIDOX, an AI-powered document understanding platform that processes thousands of emails and documents daily. The current system uses fine-tuned language models for tasks like document classification, OCR, key data extraction, and entity resolution. However, the increasing complexity of financial documents requires a shift towards Large Language Models (LLMs) to enhance processing accuracy and efficiency. This project will compare existing language models with LLMs, expand AIDOX’s capabilities f or complex document processing, and integrate new document-related tasks like summarization and question-answering. The anticipated benefits include improved automation, reduced manual workload, and enhanced risk assessment capabilities for Scotiabank.

Faculty Supervisor:

Gerald Penn

Student:

Partner:

Scotiabank

Discipline:

Computer science

Sector:

Finance and Insurance

University:

University of Toronto

Program: