Loan Facility Agreements

Case Study

Specialist debt administrator seeking operational efficiency

The client, a specialist debt administrator needed to capture key details from complex Loan Facility Agreements to support their operations.  Logical Construct Lyncs was deployed with a highly customised data model, automating complex data capture into structured models, for onward processing, achieving over 80% accuracy across hundreds of data points, and lengthy, highly negotiated scans.   

BENEFITS

  • Multi-jurisdictional Alignment: Features custom data models designed to match the distinct nuances of both LMA (Europe) and LSTA (US) facility agreements.
  • 80%+ Extraction Accuracy: Automates the extraction of hundreds of complex, highly negotiated data points from lengthy scanned documents.
  • Eradicated Re-Keying: Utilises advanced APIs to seamlessly push structured data to downstream models, eliminating manual data entry and Excel spreadsheets.
  • Full Data Traceability: Connects the extracted digital data fields directly back to the source PDF scan for absolute transparency and audit tracking.
  • Enterprise Security: Provides seamless business integration protected by enterprise-grade Single Sign-On (SSO).

CHALLENGE

The data was captured manually into Excel, from PDF scans spanning hundreds of pages, resulting in huge inefficiency and accuracy issues.  The agreements covered the Loan Market Association and LSTA for the US, needing specialist reviewers and models.  Due to the unconstrained structure of the Excel workbooks, the data was captured inconsistently with no trace back to the original scan, with another team re-keying from Excel.

SOLUTION

Custom data models underpinned by carefully designed automated extraction was developed, resulting in a flexible, structured data model, capable of capturing the complex data.   The use of AI, linked to the underlying scans resulted in a significant time saving and accuracy improvement in the data collection, with business rules enforcing structure and required fields.

KEY BUSINESS BENEFITS

N

Custom data models reflecting the trade bodies from different jurisdictions

N

Integrated with SSO

N

Accurate automated extraction signficantly reducing manual data capture

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