The PDF to Excel Converter for building financial data streams
Financial analysts and other financial professional deal with excel models and excel spreadsheets more than any other professional in most industries. It is inherent to Finance and financial markets the need to both analyze numbers and reports on securities and other derivatives. Not always the data available to financial professionals come in the form of excel or csv. Some time financial analysts have to extract data from documents they have received in print or from pdf documents sourced on the web. These documents may also be other documents analysts have received from third parties in PDF format or scanned PDF format.
The need to convert pdf to excel is particularly remarkable when the time to research new data and insert them in existing or new excel sheet is particularly short. This is often the case in financial markets where one analyst is often concerned with gathering ever changing information and update the excel sheet financial models rapidly. Several companies provide data stream services like the Bloomberg but also SNL financials and others. Again not all data are available through these services, for example:
1) High yield bond syndication documentation 2) Mutual fund performances documentation 3) International small cap financials are all examples of documentation in pdf or scanned pdf format that cannot be easily available in a digital and editable format.
One approach to drastically reducing the time to ingest the newly discovered data, is converting pdf tables to excel. In fact, being able to capture data from PDF or scanned files and export to excel saves the painful process to copy and paste individual records into excel. This is even more so for batch processing and to create searchable data streams from scanned and pdf documents such as SEC filings, loan syndication documents and others. Not only, Tabex can automate the process of identifying numerical data but also it converts tabular portions of PDF into excel. Tabex allows system integrators in financial markets to leverage a powerful and precise pdf to excel API along side with a PDF to XML, CSV, HTML API.
Tabex PDF to EXCEL conversion allows the financial analyst to leverage certain functions of excel such as: Vlookup, SUMproduct, SUMIF. The combination of the excel functions with Tabex automated pdf table detection and character recognition ability allows analysts to automatically update their reports even when they need to utilize printed, PDF file or data from HTML sources into their models.