Banking Automation

Automate Your Back-office Using a Machine Learning-based Solution Accelerator

Save over 40% in time and effort and achieve over 95% coverage in back office document processing. Text.ai from Persistent is a set of solution accelerators built to dramatically drive efficiencies in back-office operations involving paper documents.

Utilize our ready models for Trade Finance and Expense Management domains or custom-build new models within weeks and use them repeatedly for a lasting positive impact on your banking processes.

Utilize a proven technology with real business benefits:

  • Work on documents in multiple formats, including unformatted or poorly formatted ones
  • Learn and apply insights from real applications that have achieved >90% accuracy in Trade Finance documents involving processing of Letters of Credit, Sanctions Screening and other use cases
  • API-driven and pluggable architecture that easily integrates with backend systems through APIs or RPA tools
  • Work with multiple OCR tools including Abby and Nuance
  • Support for feedback-based supervised learning
  • Winner of the prestigious AIconics Award in 2019 for ‘Best AI Solution in Financial Services’

Contact us today to double your team’s productivity and reduce inefficiencies in your back-office processes. For more details on how Text.ai works, visit the Text.ai Solution Accelerator page.

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