SEC · SEC-33 · record R0026
Optical Character Recognition (OCR) for Records Analysis
Securities and Exchange Commission · Division of Enforcement (ENF)
Overview
- Development stage
- DeployedSource: c) Deployed – The use case is being actively authorized or utilized to support the functions or mission of an agency.
- High-impact designation
- Not high-impactSource: c) Not high-impact
- Impact justification
- Not reported
- Start date
- 2022-05 (month precision)Source: 05/2022
- Withheld from public reporting
- NoSource: a) No
Mission
- Topic area
- Other
- Operational functions
- Document processing and extraction Derived by keyword rules; see methodology
Problem the AI is intended to solve
Extract structured data from unstructured digital image files of checks.
Expected benefits
Assists ENF staff in extracting relevant information from digital image files. This will accelerate associated ENF investigations.
System outputs
A text string of all text recognized from the associated image.
Technology
- AI classification
- Computer visionSource: Computer Vision: AI that processes and interprets visual data (e.g., images and videos).
- System name(s)
- SEARCH
- Custom-developed code
- No
- Public source code
- Not reported
Sourcing
- How it was built
- Contract and in-houseSource: c) Developed with both contracting and in-house resources
- Vendor (as reported)
- Aretec
- Vendors (standardized)
- Aretec
A vendor is the supplier named by the agency. It does not identify the underlying model or AI technology.
Data and privacy
- Involves PII
- Yes
- Privacy Impact Assessment
- Not reported
- Authorization to Operate
- Yes
- Demographic features
- k) None of the above
- Training and evaluation data
- Evaluated using image files from ENF investigations.
- Federal Data Catalog
- Not reported
Governance
0 of 8 minimum-practice questions answered. A blank answer means the agency reported nothing; it does not mean the practice is absent.
Pre-deployment testingNo answer reported
AI impact assessmentNo answer reported
Independent reviewNo answer reported
Ongoing monitoringNo answer reported
Operator trainingNo answer reported
Fail-safeNo answer reported
Appeal processNo answer reported
User and public consultationNo answer reported
Potential impacts and how they were identified
Not reported