IPO audit file verification, fully on site.
A securities firm.
2 weeks → 3 daysCross-check time per audit file
- 0Documents that left the site
- 1 systemCarried in and set up at the client’s site
- Customer
- A securities firm
- Industry
- Financial services
- Deployment
- On site, offline
- Workflow
- Review against rules
BEFORE MATRIX
The challenge.
An IPO file means thousands of confirmations, statements and contracts that must agree with each other. The client would not allow any of it to reach a cloud service.
THE WORKFLOWWhat we built,
What we built,
step by step.
A verification workflow on a portable Matrix system, set up inside the client’s network at the engagement site. Matrix matches confirmations to transaction data and checks seals and signatures for consistency.
- 01Set up one portable Matrix system inside the client’s network, at the engagement site.
- 02Matrix matches confirmations, statements and contracts to the transaction data.
- 03It checks seals and signatures for consistency across the file.
- 04Reviewers check each flagged mismatch, with the page it comes from.
UNDER THE HOOD
How it works.
| Document | Field | Expected | Found | Page |
|---|---|---|---|---|
| Confirmation_ | Closing balance | $4,281,300 | $4,218,300 | p. 2 |
| Contract_ | Counterparty seal | Present | Cover page only | p. 1 |
| Statement_ | Interest accrued | $18,420 | $18,420 | row 44 |
Let’s make AI useful.
For your actual work.
Tell us about a job your team repeats, not your confidential files. We’ll show you how Matrix handles work like it.
Request a demo