Canoe Intelligence: Access to Smart Reporting Technology
Canoe is a unique software that automates manual workflows for entities working with alternative investments. Canoe’s client base is varied, and ranges from advisors, investors and asset servicing firms.
Established in 2013, Canoe’s main purpose is to eliminate manual data entry from alternative investment reporting processes. The software converts unstructured reporting documents into normalized, structured data sets. Specifically, it leverages Artificial Intelligence to read, categorize, extract and validate critical data from investment documents. The software then feeds this data automatically into performance reporting systems.
Canoe’s smart reporting technology has provided significant benefits for its clients. Use of the Canoe software has yielded up to 80% reductions in manual operations costs while eliminating error present in manual workflows.
Canoe provides access to smart reporting technology in order to automate alternative investment reporting processes and provide streamlined investment data for clients. This software also aims to eliminate time-consuming and error-prone manual workflows, thereby allowing users to focus more on providing services to their clients and engaging in other value-added activities.