
Processware is a software products company focused on financial sector.
Processware Systems was started in 1989. Processware is involved in the design and development of various application software for clients. The process of development is carefully monitored and managed by skilled project managers to meet the time and quality requirements of the client. Processware invests in R&D to bring technology development to business problems. By enhancing these solutions regularly, Processware enables customers to compete effectively in their chosen markets. Processware along with IIM, Bangalore has developed an AI (Artificial Intelligence) based credit appraisal tool to help financial institutions make data driven decisions. BankSoft - Core Banking Solution is a comprehensive solution aimed at meeting the requirements of the financial institutions. Built on latest technology platform, the solution offers unparalleled scalability and security to banks. The startup’s other product named BankSoft AML has been designed to facilitate banks to capture unusual and suspicious transactions and track them. The solution has been developed as per RBI guidelines to help banks define the transaction limits, assign appropriate risk levels to customers etc.
Legal Name
:
Processware Systems Private Limited
Headquarters
:
Bangalore, Karnataka, India
Business Model
:
Founding Date
:
1989
No. of Employees
:
101 to 150
Core Team
:
1995
Product Launch
Launched the first version of BankSoft - Comprehensive retail banking solution.
2000
Key Customer Milestone
BankSoft customer base reaches 100.
2008
Stepped into New Market
BankSoft goes International with customers at PNG.
2015
Awards
Selected as one of the "20 Most Promising BFSI Solution Providers" by CIO Magazine.
B2B
Software Solutions to Defense and Banking sectors. India,Asia Pacific,Africa
Client Segment
:
Aerospace & Defense,
FinTech
Target Companies
:
Small Enterprise,
Medium Enterprise
Target Geography
:
Frequently Asked Questions