Automate your bank documents. Sovereign, precise, audit-proof.
Parashift combines a specialized Vision Language Model with clearly separated decision logic, for maximum dark processing in KYC, lending and trade finance, fully aligned with BaFin and FINMA outsourcing guidelines and DORA.
Document-heavy banking processes, high manual effort, and growing demands on data sovereignty and outsourcing compliance.
The Effort
KYC documents, mortgage applications and trade finance paperwork arrive in dozens of formats, and case handlers spend hours on manual data entry instead of actual credit review.
The Risk
Generic GenAI wrappers send sensitive customer data to opaque public US clouds. That means CLOUD Act exposure and an open question around banking secrecy that many institutions simply can't afford.
The Uncertainty
With financial data, guessing isn't an option. Unchecked GenAI hallucinations mean rework, audit risk and, ultimately, less trust in your own automation.
Intelligent document understanding, cleanly separated decisions
Parashift reads and structures your bank documents. The substantive, regulatory-relevant decision stays entirely within your core banking system.
Clear separation of duties
Parashift reads, structures and validates the documents. The final credit or AML decision stays with the rule engine or core banking system, such as Avaloq or Temenos.
Human in the Loop built in
When matching fails or several references apply, the case is handed seamlessly to a specialist via an ergonomic dashboard, so human oversight is guaranteed at every step.
Enterprise-grade security
End-to-end encryption, 24/7 infrastructure monitoring, DDoS mitigation and continuous vulnerability scanning protect your customer data at all times.
Integrates into your core banking system
Parashift complements your existing core banking system through documented, low-code REST APIs, with no need to replace your existing infrastructure.
A document AI model trained for European bank documents
Parashift combines generative AI for cognitive understanding with deterministic guardrails for validation, precise, multilingual and ready to go from day one. That gets you day-one performance that isolated in-house models can't match.
Mortgage and loan application processing for banks
Income documents, debt enforcement extracts and property records are captured automatically, structured and matched against master data. This noticeably shortens the time to a credit decision, without automating the lending decision itself.
KYC & onboarding
Passports, ID cards and commercial register extracts are captured in structured form, for automated, AML-compliant KYC checks on corporate customers.
Invoice processing
Incoming invoices are captured automatically, matched against master data and tariffs, and prepared for payment release, noticeably relieving accounts payable.
Trade finance
Letters of credit and other trade finance documents are read in structured form and matched against the underlying contract terms.
Regulatory correspondence
Incoming regulatory documents are digitized and classified, for fast response times and full compliance with requirements.
Transaction & reference matching
Complex reconciliations involving multiple references are automated, including anticipating the transaction logic for difficult edge cases.
Mailroom & document triage
Every incoming document type is recognized automatically and routed to the right workflow, as a single AI standard across the entire bank.
Measurable impact from the first use case
of your document-based banking use cases can be covered
reduction in average processing time
BaFin, FINMA & DORA compliant
When does a step count as outsourcing risk, and when doesn't it?
| Process Step | System / AI | Regulatory Classification | Parashift's Role |
|---|---|---|---|
| Document scanning & field recognition | Parashift IDP | No material outsourcingRoutine processing | 100% automated pre-processing |
| Plausibility check & validation | Parashift + rules engine | Standard outsourcing notificationMaRisk AT 9 | Data matching against master data / references |
| Final credit or AML decision | Core banking system | Material outsourcing functionfull BaFin/FINMA oversight, DORA ICT risk | Decoupled, receives only structured data |
Trust that goes beyond compliance
Data Sovereignty
Operated in country-specific compliance zones for the European Union, Germany and Switzerland. Your customer data never leaves the chosen zone.
Zero Data Retention
Fully anonymized AI training that never sees your original data, and zero-retention policies for processed documents.
Integrations
Low-code, non-intrusive integration via robust REST APIs into core banking systems such as Avaloq and Temenos.
How Raiffeisen automates multiple document streams
From mortgage applications to accounts payable invoices
Raiffeisen uses Parashift's intelligent document processing to automate critical financial workflows, from mortgage applications to accounts payable invoice processing.
From mortgage applications to accounts payable invoices, Raiffeisen covers its most document-heavy workflows with a single sovereign stack, including ongoing invoice processing. Occasional regulatory correspondence also runs through the same platform on the side.
What automation leaders at banks ask us first
Data residency is non-negotiable for us. Unlike generic GenAI wrappers that send data to opaque public clouds, Parashift runs on a secure, sovereign infrastructure built for strict European and Swiss compliance, GDPR, BaFin/FINMA compliant, C5. Your data stays within the jurisdiction you designate.
Yes, the integration is low-code and non-intrusive. You don't need to dismantle and replace your current stack. Parashift is an intelligent layer connected via robust REST APIs that delivers a clean, structured payload directly into your core banking system or archive.
Because maintenance debt kills innovation. Building it yourself means you're constantly updating parsers and managing operational and compliance risk on your own from then on. Parashift offers a production-ready platform built on a specialized Vision Language Model and multiple AI models that gives you accuracy from day one that an isolated in-house model can barely match.
At Parashift, generative AI is only one of several models running within deterministic guardrails. We use GenAI for cognitive understanding, but enforce strict logical validation rules, cross-validation by other models, mathematical checks, master-data matching. When discrepancies arise, the case is flagged for review.
If the confidence score falls below your defined threshold, the system automatically routes the transaction to our ergonomic review interface. Your team reviews and corrects the exception quickly, and the AI learns from every interaction so the same mistake doesn't happen twice.
We are document-agnostic. We're especially strong in mortgages and loan applications, but our platform is also used for complex banking workflows such as invoice processing, KYC onboarding, trade finance and regulatory correspondence, a single platform for every document type across the entire bank.
Document AI for banks, sovereign and audit-proof.
Book a no-obligation 30-minute briefing: we'll show you document processing on real sample documents and answer your questions on integration, scaling, and BaFin, FINMA and DORA compliance.
Book a 30 Minute Briefing