Why legacy spreading software is broken — and what comes next
Spreading tools were built for a world where someone always fixed the errors. That does not scale when deal flow increases and audits ask for reproducibility.
The half-right problem
If the software is wrong half the time, analysts still redo work — so you pay for automation and for manual rework.
Accuracy has to be measured on real scans, footnotes, and restatements — not demo PDFs.
What comes next
Vision models plus human-in-the-loop validation on final fields, with full traceability, close the loop for banks that cannot afford silent errors in credit files.
Getting to production-grade accuracy
Banks should benchmark on their own document mix, not a vendor’s demo set. The path is: measure, tighten scopes, and expand only after error budgets are met in shadow mode.
Why the roadmap is adoption, not a big bang
Teams succeed when they replace one painful workflow at a time — spreading first, then memo narrative, then exceptions — with the same platform underneath.
Everything you need to know about Proximitty
AI agents that ingest documents, spread financials, monitor covenants,
and service every borrower, built for C&I, CRE and SBA loans.
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