CASE STUDIES
CMF (Financial Market Commission)
Scenario
The Financial Market Commission (CMF), responsible for ensuring the proper functioning, development , and stability of the financial market, is receiving a high and growing number of claims and inquiries from the public, revealing a high level of inefficiency in response capacity and consequent delays in processing.
Challenge
This entity was seeking solutions to address this problem by creating an automated system for the structuring and mass processing of claims and inquiries, significantly improving response times and strengthening its supervisory duties.
Solution
To achieve the objective, we developed a system that utilizes machine learning techniques to classify claims received by the market and entities, products, and claimed subjects. This process began with data collection and cleansing, specifically gathering claims along with their corresponding classifications. Next, we employed classification algorithms and neural networks to analyze the information, testing alternative models and hyperparameter combinations until achieving the desired outcomes.
Furthermore, our solution included the development of a web service to enable the proposed system's interoperability, meaning it can be consumed and integrated by the client entity's systems. Additionally, we implemented scalability elements in the solution through automation and scalability practices known as MLOps, providing capabilities for continuous model retraining and identifying issues that could affect the solution in a production environment.
Outcome
The results of our solution were highly satisfactory. In tests conducted in relevant and simulated environments, we achieved 98% accuracy in claim classification by market and 92% accuracy in classification by entities, products, and claimed subjects.
In real-world tests, system users reported a significant improvement in response time and analysis quality. Claims that previously book an average of one week for classification are now processed in under 5 seconds. This dramatic reduction in processing time resulted in enhanced efficiency in the management process and overall financial market monitoring