A partnership to diversify revenue and reduce risk

A Saint Mary’s team is using AI technology to provide solutions

Photo (L-R): Chris Mitchell, Shahriar Swapnil, Dr. Pawan Lingras

The Citco Group of Companies (Citco) is a global network of independent firms. To diversify their revenue streams within the fund administration sector, Citco wanted to develop a document scraping application powered by generative AI.

To bring this vision to life, Citco partnered with Dr. Pawan Lingras, a Professor in Mathematics and Computing Science and the Director of the Master of Science in Computing and Data Analytics (CDA) Program, along with his team of Saint Mary’s graduate students.

The research team used AI-driven solutions to streamline information retrieval, improve response accuracy, and enhance the user experience for a diverse range of professionals including fund accountants, technical personnel, and support staff.

The ongoing project has provided dozens of graduate students in the CDA program with valuable research internships, allowing them to apply their classroom knowledge in a real-world setting. Many CDA graduates have transitioned into full-time roles at Citco.

“Citco is at the forefront of financial services innovation through our collaboration with Saint Mary’s University,” said Chris Mitchell, Executive Vice President, Transformation Office, Citco, and Saint Mary’s University alumnus. “By leveraging cutting-edge AI technology, we are increasing operational efficiency, improving client satisfaction, and reducing risk. This partnership has also enabled us to hire top talent from the university, launching careers for many graduates and benefiting both our organization and local communities.”

Through this partnership, Citco is not only creating new revenue streams, reducing risk and costs, but also creating career opportunities for the next generation of computing professionals.


The Office of Innovation and Community Engagement (OICE) at Saint Mary’s University facilitates research partnerships between the University and companies, government departments and community organizations. OICE is the initial point of contact for faculty members and external partners wishing to collaborate. The office assists with finding suitable expertise, contract development and advising on funding opportunities.

This project highlight is from the 2025 OICE Report, which features researchers from Saint Mary's University and their external partners.