A typical 10-K annual filing runs 200-300 pages of dense financial and legal text. An experienced analyst spends 4-6 hours reviewing a single filing, and during earnings season, dozens arrive in a single week. AI changes the equation dramatically. JPMorgan's COiN platform reviews commercial loan agreements in seconds, work that previously consumed 360,000 hours of lawyer time annually. Bloomberg's AI tools parse earnings calls and filings to detect sentiment shifts that predict stock movements. One hedge fund built an AI system that reads every SEC filing within minutes of publication, extracting risk factors, revenue trends, and buried footnotes that human analysts typically skim. The competitive advantage is clear: in financial markets, the ability to process information faster and more thoroughly than competitors translates directly into returns.