The Challenge
Scaling Fund Operations Without Compromise
As a leading asset manager, Grantham, Mayo, Van Otterloo & Co (GMO) faced growing complexity in financial reporting. Their manual review process relied on Excel spreadsheets, requiring hours of data extraction across 200+ documents. As reporting demands increased, the need for a scalable, automated solution became clear.
"We had a robust manual process, but with multiple drafts per fund and increasing complexity, we needed a solution that could scale and save our team time—without compromising accuracy."
— Tara Pari, Head of Fund Reporting, GMO
Where Legacy Approaches Fall Short
- The existing Excel-based process created inefficiencies
- Manual data entry overload: Team members spent hundreds of hours inputting and consolidating data across hundreds of documents instead of analyzing it.
- Repetitive manual review: Time consuming to review checks for every draft
- Limited collaboration: Individual workbooks meant limited visibility, making it difficult to leverage historical reviews, extract insights into common issues, or identify inconsistencies across funds.
- Cumbersome audit review: Aggregating data from various locations adds complexity and inefficiency to the auditing process.
The Solution
AI-Powered Financial Report Review and Validation
OnCorps Review AI deployed a purpose-built solution addressing the core challenges of modern financial reporting:
- Completes full review automatically: Flags only new breaks for the GMO team—eliminating the need to manually verify accurate data points
- 138+ automated checks: Ensures thorough accuracy and compliance across all reports
- Draft-over-draft performance metrics: Enables GMO to track trends and assess service provider efficiency
- Full audit log: Maintains complete record of reviews and flagged exceptions for compliance and future reference
The Results: AI-Powered Review Cuts 60% of Manual Work
By deploying OnCorps Review AI, GMO transformed its reporting workflow:
- Completes the full review automatically, flagging only new breaks for the GMO team—eliminating the need to manually verify accurate data points.
- Runs 138 automated checks per draft, ensuring thorough accuracy and compliance across all reports.
- Provides draft-over-draft performance metrics, enabling GMO to track trends and assess service provider efficiency.
- Maintains a full audit log of reviews and flagged exceptions, offering a transparent, traceable record for compliance and future reference.
- Reduces review time by 50-60%, focusing the teams time on higher-value analytical work.
