03/12/2025
🌟 Processware Systems Launches BankSoft – Gen AI Assistant for Banks! 🌟
We are delighted to announce the successful launch of BankSoft – Gen AI Assistant for Banks on Friday, 28th November 2025, at The Lalit Ashok, Bangalore.
The product was formally launched by Honorable Minister for Law and Parliamentary Affairs, Sri H. K. Patil, who emphasized the growing role of AI in the financial sector and appreciated Processware’s efforts in educating financial institutions on the benefits of Artificial Intelligence.
💡 About BankSoft – Gen AI Assistant
Built on powerful LLMs, this AI assistant enables seamless interaction with data stored in Core Banking Systems. It supports local language prompts and provides an intuitive, interactive platform for users to quickly retrieve crucial information—helping institutions strengthen fraud detection and compliance.
đź‘Ą Event Highlights
The event witnessed participation from 200+ financial institutions across Karnataka and Andhra Pradesh.
We were honored by the presence of:
-Mr. S. B. Shettannavar, Principal Secretary, Dept. of Cooperation, Govt. of Karnataka
-Prof. M. Jaydev, Indian Institute of Management Bangalore
-Sri Sharath M. D., Superintendent of Police, CCB, Bangalore
-Prof. Jaydev shared global insights on AI adoption in finance, while Sri Sharath highlighted essential precautions for preventing cybercrime.
The day also featured discussions on Processware’s AI-enabled Digital Lending Platform and its benefits for financial institutions.
🏢 About Processware Systems
Processware Systems is a CMMi-Level 3 and ISO 9001:2015 certified firm based in Bangalore. Processware is involved in providing software solutions to financial sector since 1995. Processware’s flagship product – BankSoft is being used by more than 500 financial institutions World-wide. Processware has processed more than 100 million transactions till date on the cloud for these customers.
