Mission, IBK 1st LAB 6th batch final selection

AI solution specialist company Jimision (CEO Han Jun-seop) announced on the 22nd that it was finally selected for the 6th round of 'IBK 1st LAB', an open innovation testbed program hosted by IBK Industrial Bank of Korea.

Through this project, G-Mission plans to demonstrate document recognition and analysis automation technology for the digital transformation of financial trust business. The core of this demonstration project is the application of AI-based automation technology to non-standard documents such as contracts and operating instructions. G-Mission will precisely extract key information from documents through AI OCR technology, and analyze this with an sLM (small Language Model) model pre-trained with financial data to confirm key items and verify checklists.

In particular, by automating the seal comparison work, which is essential in consignment work, based on image recognition, it is expected to reduce repetitive manual work and lower the error rate, while contributing to improving work processing speed and strengthening internal control.

Based on its diverse AI technologies, including document recognition, image analysis, natural language processing (NLP), and financial modeling, Jimmy has successfully completed numerous projects in the finance, insurance, and public sectors. Through this IBK 1st LAB project, Jimmy plans to secure advanced and proven results of AI-based trust automation technology and examine the possibility of practical application within the banking industry.

Han Jun-seop, CEO of Jimision, said, “This project of automating the understanding, analysis, and verification of financial documents by combining AI OCR and sLM models will serve as an opportunity to advance the digital transformation of the financial sector, and through collaboration with IBK Financial Group, we will present an innovative service that simultaneously realizes work efficiency and strengthened internal control.”

Meanwhile, G-Mission plans to expand this technology to various related fields, including other financial institutions and asset management companies, and present a new standard for automation of contract document management and digitalization of trusteeship work.

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