GMO Reduces Financial Reporting Review Time by 60% with Review AI
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.
