How they describe themselves: Persistent Systems builds software that drives the business of our customers. Our customers are software product companies and enterprises across industries with technology at the core of their digital transformation. We focus on the “how” of digital transformation to build design and data-driven applications and software-driven businesses. For more information, please visit www.persistent.com.
How they describe their product/innovation: Persistent Systems has developed an AI/ML Solution which consumes OCR output ( of scanned paper documents) to intelligently analyze and categorize information from the Trade Finance related documents. The use cases are multiple and in general the solution is best suited as a cognitive tool to improve multiple Bank Back office processes that involve analysis of information in paper based documents related to trade finance including Airway bill, Invoices, Bill of Lading, Certificate of Origin and so on. The extracted information is then useful for multiple processes like Sanction Screening of Entities, Information verification for Documentary and Collection, Letter of Credit, etc.
Product distribution strategy: Direct to Business (B2B), licensed
Bus. Dev.: Abhiram Modak, Chief Principal Consultant, Abhiram_modak@persistent.com
Press: Saviera Barretto, Text100, firstname.lastname@example.org, +91 84249 17719, Jayashree Sridharan, Persistent Systems, email@example.com, +91 86696 70068 & Ken Montgomery, Persistent Systems (USA), firstname.lastname@example.org, +1 949 939 5164