Firemind developed a AI-driven solution utilising Amazon Bedrock to automate LGIM’s competitor analysis process. By integrating Amazon Textract, the system was able to automatically extract relevant data, including text and tables, from competitor PDFs and web sources. AWS Step Functions was employed to orchestrate the entire workflow, seamlessly managing the steps from data ingestion to report generation. Amazon S3 provided reliable storage for both the raw and processed data, ensuring that LGIM could easily access all information as needed. This automated workflow drastically reduced the time required to generate detailed competitor reports.

To enhance accuracy, the solution incorporated Claude v3 AI models, which were fine-tuned to produce high-quality financial reports. A validation layer was integrated to ensure that data was consistently accurate, helping minimise errors often found in manual processes. Additionally, a chatbot interface was developed to allow real-time querying against the ingested data, giving users instant access to insights on competitor performance. This combination of automated reporting and interactive querying provided LGIM with a more efficient and reliable way to analyse and act on competitor data.