Parashift for Banking

Automate all your document based banking processes powered by the latest, secure AI.

Intelligent document automation that reads, validates,  matches data to your systems — through latest AI with highest security & compliance.

Trusted by European Banks

Every incoming Banking-Document requires work.

Offload your work to Parashift Document AI.

Accelerate Client Onboarding (KYC)
Instantly extract and validate data from passports, ID cards, and utility bills to reduce customer abandonment rates while ensuring strict regulatory compliance.
Streamline Mortgage & Credit Analysis
Automate the ingestion of income verification documents—such as tax returns, payslips, and bank statements—to drastically shorten time-to-decision for loan approvals.
Digitize Trade Finance Operations
Convert complex, unstructured documents like Letters of Credit and Bills of Lading into structured digital assets to mitigate risk and accelerate cross-border settlements.
Simplify Corporate Account Opening
Parse intricate legal documents, including commercial register extracts and articles of incorporation, to swiftly validate corporate hierarchies and beneficial ownership.
Optimize Wealth & Asset Transfers
Eliminate manual entry for transfer mandates and investment forms, ensuring a seamless and responsive experience for high-net-worth and institutional clients.
Centralize Accounts Payable & Procurement
Achieve straight-through processing for internal banking expenses by autonomously matching invoices to purchase orders, handling complex taxes and multi-line items.

Quick setup. Fast results.

Get up and running quickly, with a smooth and fully compliant launch.

0%

of all all your use-cases

0%

reduction of Average Handling Time

0%

European Risk & Compliance ready

Unlocking the AI-Driven Bank, One Stream after Another.

Transform your operations from legacy manual work to autonomous efficiency. Parashift orchestrates compliant, high-precision AI-automation across every department, allowing you to scale your digital transformation at your own pace

Parashift for banking

Parashift is an enterprise-grade Intelligent Document Automation patform that automates the separation, classification, and data extraction of multi-channel inputs ranging from emails to mobile scans.

When straight-through processing detects anomalies, Parashift triggers a secure human-in-the-loop workflow. Specialists use an ergonomic dashboard to swiftly resolve reconciliation breaks and manage counterparty queries, ensuring full auditability before finalization.

Seamlessly integrated with banking systems, Parashift automates complex reconciliation by anticipating transaction logic. It resolves intricate exceptions i.e. multi-reference matching

Following strict data verification, Parashift delivers a validated transaction record for seamless system entry. This automated handshake instantly refreshes master data, ensuring your compliance records and financial data stay perfectly aligned.

Highest Security & Compliance.

Product Security
Parashift builds security directly into the platform with end-to-end encryption, fully anonymized AI training that never sees your original data, and zero-retention policies for processed documents.
Cloud-Infrastructure Security
Parashift runs a cloud infrastructure with customer data protected by real-tier firewalls, DDoS mitigation, continuous vulnerability scanning, and 24/7 infrastructure monitoring to ensure resilience.
Country Specific Zones
Parashift be run in country specific compliance zones, ensuring data is solely processed in the desired country. We offer standard zones for the European Union, Germany & Switzerland.

The Strategic Move to Parashift.

Go beyond the Core Banking System. Parashift evolves your digital strategy to unlock intelligent automation across the entire financial value chain—bridging the gap between siloed operations and a fully unified banking ecosystem.

Parashift AI for Banking
Best of Breed Agentic Workflows
On-Prem Legacy Workflows
Adopt GenAI Without the Compliance Hangover

Deploy audit-ready AI that satisfies strict regulations. We wrap advanced models in deterministic guardrails to ensure every decision is traceable and compliant.

Escape the PoC Purgatory. Deploy in Days.

Bypass the "pilot trap" with pre-trained, production-grade infrastructure. Skip the complex build phase and launch operational automation immediately.

Don't Teach AI from Scratch. Inherit It.

Instantly access global intelligence via Neurosymbolic-AI. Achieve Day-1 performance that in-house prompted models simply cannot match.

Your Core Banking System Deserves Better Data

Protect your backend from dirty data. Parashift acts as an intelligent firewall, ensuring only validated, structured payloads enter your Core Banking System.

Stop Maintaining Code. Start Banking.

Eliminate the maintenance debt of DIY solutions. Shift IT resources from patching custom scripts to building high-value financial products on a proven platform.

The End of 'Frankenstein' Workflows

Unify fractured operations on a single, sovereign stack. We bridge legacy archives with modern AI to deliver seamless, scalable workflows across all departments.

Client Case Study

How Raiffeisen is leveraging Parashift to automate multi-document-streams.

Raiffeisen utilizes Parashift’s intelligent document processing to automate critical financial workflows, including mortgage applications and invoice processing.

Beyond finance, the bank streamlines authority correspondence by digitizing and classifying incoming government documents, ensuring rapid response times and strict regulatory compliance across all departments.

Have a question? Check the answers.

We are happy to answer any question you might have. Just get in touch with us.

We treat data residency as a non-negotiable. Unlike generic GenAI wrappers that send data to opaque public clouds, Parashift operates on a secure, sovereign infrastructure designed for strict European and Swiss compliance (GDPR, BaFin/ FINMA-aligned, C5). Your data remains within your designated jurisdiction, ensuring that innovation never compromises regulatory security.

Yes, integration is designed to be "Low-Code" and non-intrusive. We don't require you to rip and replace your current stack. Parashift sits as an intelligent layer on top, connecting via robust REST APIs. We ingest documents, validate the data, automate human work and prepare decisions, and deliver a clean, structured payload (JSON/XML) directly into your Core Banking System or Archive, acting as a firewall against dirty data.

Because maintenance debt kills innovation. "Building" requires you to become an "OCR/AI vendor" —constantly updating parsers, managing operational and compliance risk, and patching integrations. Parashift offers a production-ready platform with a Neurosymbolic mesh of AI-Models giving you day-one accuracy and global intelligence that an isolated in-house model can never replicate.

At Parashift Generative AI is just one of a variety of AI model run in deterministic guardrails. In banking, "guessing" is unacceptable. We use GenAI for its cognitive understanding but enforce strict logical validation rules (validation by other models, mathematical checks, master data matching) on the output. If the data doesn't match, it is flagged for review—ensuring audit-ready precision without the risk of creative invention.

We provide a seamless safety net. When confidence scores dip below your defined threshold, the system automatically routes the transaction to our ergonomic "Validate" interface. Your team  can quickly review and correct the exception. Crucially, the AI learns from every human interaction, preventing the same error from happening twice. This way, any BPO renders obsolete.

We are document-agnostic. While we naturally excel at Accounts Payable, our platform is widely used for high-complexity banking workflows like Mortgage Applications, KYC/Onboarding (Passports, ID cards), Trade Finance (Letters of Credit), and Authority Correspondence. You get one unified platform for every document type across the bank. Unlock the AI-Driven Bank, One Stream after Another.

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