Use case definition

Extracting metadata from 10-K reports holds significant value for financial services companies and other stakeholders. These reports, mandated by the SEC, are a treasure trove of information that can provide valuable insights into a company’s financial health, operational performance, and strategic direction. However, the sheer volume, complexity of these documents, and lack of consistency across the way companies build their reports can make it challenging to manually extract and analyze the relevant data points.

Typical 10-K reports follow a standardized structure, comprising multiple sections that cover various aspects of a company’s operations. These sections may include a business overview, risk factors, management’s discussion and analysis, financial statements, and disclosures about corporate governance, among others. While the structure is consistent across companies, the specific data points and their presentation can vary, making...