Automate Your KYC Processing with the latest, most secure Document AI
Parashift extracts validity data, holder details, MRZ codes and UBO information from any KYC document format – with sovereign document AI, full audit trail and 100% EU data sovereignty. Sensitive identity data never leaves your compliance zone.
500+ European companies trust Parashift
Automate Your KYC Processes - EU data sovereign, fully AML-compliant
Template-free flexibility
Automated UBO & entity extraction
Global multilingual support
Automation based on trust
Detection of digital counterfeits
Seamless CLM and Banking Core integration
Measurable results - from the first KYC workflow
Be up and running quickly, with a smooth and fully compliant start.
Straight-through processing for KYC documents after 60 days
Reduction in the average processing time per KYC process
EU data sovereign - compliant with EU AI Act and GDPR from day 1
How Sovereign KYC Processing works with Parashift
Capture from all channels: email, portal upload, mobile scan or API - all KYC documents are consolidated, automatically classified and fed into the correct workflow. Completely within the EU compliance zone, without manual pre-sorting.
Human in the Loop for exceptions: Unclear cases are sent for manual review - with full context and a clear recommendation for action. Every decision is logged before the data is transferred to CLM or Banking Core.
Automatic extraction and validation: validity data, holder details, MRZ codes and UBO structures are extracted and automatically checked against internal data. Anomalies and potential forgeries are reported immediately.
CLM integration with full audit trail: Validated identity data is transferred directly to CLM or Banking Core. Complete audit logging of every processing step. Verifiable for AML checks, EU AI Act and DORA compliant.
Why Parashift's advanced Document AI is safer for your Know-Your-Customer Processes than vertical P2P solutions
Data sovereignty
Document cover
DORA & AML compliance
Implementation
Maximum security & compliance
Product safety
Cloud infrastructure security
Compliance zones
How Raiffeisen automates its multi-document streams with Parashift.
Raiffeisen uses Parashift's intelligent document processing to automate critical financial workflows, including mortgage applications and invoice processing.
Beyond finance, the bank is streamlining correspondence with the authorities by digitizing and classifying incoming official documents, ensuring fast response times and strict compliance with regulations in all departments.
Do you have any questions? You can find the answers here.
We will be happy to answer any questions you may have. Simply contact us.
No, and that's the best thing about it. Since our intelligent engine reads documents contextually and does not rely on fixed coordinates, it automatically adapts to the layout of each passport, ID card or driver's license. You don't have to define separate rules for each country you serve.
it. We automatically extract and validate Machine Readable Zones (MRZ) on passports and IDs. Our technology also matches this data with visual fields such as "date of birth" and "expiration date" to ensure that the document is consistent and valid.
We believe in intelligent pre-processing. If a customer uploads a photo with glare, skew or poor lighting conditions, our engine improves the image quality before extraction. If ambiguities remain, the system marks the photo for a quick human review to ensure accuracy.
Absolutely. Our AI is inherently multilingual. It understands the structure of ID documents and utility bills in more than 100 countries and different scripts, allowing you to centralize your global compliance activities without manual translation.
Safety is our priority. We are fully GDPR compliant and use bank grade encryption for all data in transit and at rest. We support data residency zones (e.g. EU only) to ensure that PII never leaves the jurisdiction of your choice.
Not at all. We are API-first and developer-friendly. You can feed validated, structured identity data directly into your existing CLM, CRM or Banking Core so that your onboarding is seamless and your records are updated in real time.
Get to know Parashift and receive your personal trial version.
Best suited for medium-sized and large companies. 14-day trial account and initial consultation.
Your questions, answered.
Major international customers and partners trust us.
