As the largest economy within the European Union, the German economy is particularly linked to the world through trade relations. For the analysis of global supply chains, it is helpful to better understand the international networking of companies through participations or associated companies abroad. For this purpose, work on an automatic extraction of international company shareholdings from annual financial statements was started at the beginning of 2020.
The particular technical challenge was to recognise the international shareholdings mentioned in annual financial statements, interpret them correctly and convert them into a standardised form to support subsequent analyses.
The extraction component, which has now been successfully developed, is being transferred to productive operation at Implisense GmbH. This makes it possible to analyse new documents with information on changed shareholdings within a few seconds.
Would you like to benefit from the results of this work for your application? Then we would be pleased to receive your contact request.