Extrieve News https://news.extrieve.com Stay informed with the latest news, product updates, and industry recognitions from Extrieve Technologies. Explore our advancements in document processing, digital transformation, and more. Thu, 05 Dec 2024 10:12:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://news.extrieve.com/wp-content/uploads/2024/11/cropped-minlogo-32x32.jpg Extrieve News https://news.extrieve.com 32 32 Extrieve is featured as the Best Digital transformation Company to watch for 2023. https://news.extrieve.com/awards-and-recognition/extrieve-is-featured-as-the-best-digital-transformation-company-to-watch-for-2023/ Tue, 26 Nov 2024 12:11:55 +0000 https://news.extrieve.com/?p=246

Bengalore (Karnataka) [India], May 18, 2023: We are thrilled to announce that we have been featured in the EnterpriseWorld magazine as the best digital transformation Company to watch for 2023

It is a great achievement and recognition for Extrieve, and it reflects our dedication and passion for delivering innovative and customer-centric digital transformation solutions across various industries and domains.

We have been helping clients to achieve their business goals by leveraging cutting-edge technologies. At Extrieve, we have a team of highly skilled and experienced professionals who are passionate about delivering excellence and value to our clients.

We are honored and humbled to receive this recognition from the EnterpriseWorld magazine, and we thank our clients, partners, employees, and stakeholders for their trust and support.

Our commitment to delivering world-class digital transformation solutions that help our clients to thrive in the digital era is undeterred.

News Link: https://theenterpriseworld.com/extrieve-technologies-innovative-solutions/

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Extrieve WorkflowWaves API Connector Daemon https://news.extrieve.com/news/extrieve-workflowwaves-api-connector-daemon/ Tue, 26 Nov 2024 11:58:32 +0000 https://news.extrieve.com/?p=241

Bengalore (Karnataka) [India], October 13: A new API Connector Daemon framework has been released to handle high volume API level integration between multiple services. This framework is designed in C and can handle multiple thread pools; each can be defined for a specific API. The diagram below illustrates a high-level overview of the daemon
framework.

The Daemon agent’s, reader thread will read workflow cases from the queue and, based on the business logic, will add them to a specific thread pool. Threads that are configured for the pool will pick up the case and create and send a request to the associated external API. There is also support for a throttling
feature to control the number of parallel requests to each API. Business logic is implemented in JavaScript, which makes this framework easy to implement and change.

Benefits

This framework helps to implement complex API integration requirements faster as the daemon framework is natively integrated with the workflow interface and changes are required at the script level. This helps with faster project execution as well as change management. The Daemon framework is optimized for lower infra, which can reduce the overall TCO requirement of projects.

About WorkflowWaves:

WorkflowWaves is an enterprise-grade workflow management engine with many unique features. It simplifies workflow modeling with a unique approach based on WorkItems, Agents, Queues, and Outcomes. WorkflowWaves also has inbuilt features for the distribution of work to internal or external teams. Imaging or document processing features, such as Append to File, Page wise retrieval, and so
on, help to reduce network utilization, and improve overall application performance.

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Introducing Extrieve’s DocumentAi SDK: Revolutionizing Document Processing https://news.extrieve.com/products-updates/introducing-extrieves-documentai-sdk-revolutionizing-document-processing/ Mon, 25 Nov 2024 13:15:06 +0000 https://news.extrieve.com/?p=184 Bangalore (Karnataka) [India], February 27th : Extrieve, a leading provider of document processing solutions, has introduced its latest SDK: the DocumentAi SDK. This cutting-edge tool promises to enhance document processing speed and efficiency to unprecedented levels. What makes this SDK a standout is that it works offline, which offers benefits like:

  1. Availability: Since it is an offline SDK, it can do document processes without any network interruptions. This scenario is crucial for services where a network interruption can cause delays in operations. 
  2. Simplified integrations: Since offline SDKs bundle the necessary resources and functionalities, the integration of these SDK’s become easier and faster compared to building everything from scratch. 
  3. Faster processing: Document processing locally removes the dependency of network latency, which lends a fast and smooth workflow. 
  4. Reduced latency: Real-time document processing is crucial for instances which require immediate results like in the case of KYC document extraction, where extraction of sensitive data is involved. 

Here is an insight into the features offered by DocumentAi: 

1. Document Identification for KYC Documents: During Know Your Customer (KYC) verification, DocumentAi can accurately identify various types of documents, including Aadhaar, PAN, Passport, Voter ID, and Driver’s License. This capability ensures that the right documents are uploaded, streamlining the verification process and boosting efficiency. 

2. Document Extraction for KYC Documents: DocumentAi excels in extracting crucial information from KYC documents, such as Aadhaar, PAN, Passport, Voter ID, and Driver’s License. This functionality significantly enhances customer onboarding processes, facilitates compliance with regulatory requirements, enables thorough risk assessment, prevents fraud, and improves the overall customer experience. By automating data entry and minimizing human error, DocumentAi helps organizations save valuable time and resources. 

3. Aadhaar Masking: With the evolving regulations surrounding Aadhaar usage, Extrieve’s DocumentAi SDK includes a powerful Aadhaar masking feature. This functionality redacts the first eight digits of the Aadhaar number while preserving the last four digits, aligning with the latest UIDAI regulations. By seamlessly integrating this feature, organizations can ensure compliance with Aadhaar masking requirements for KYC purposes. The API simplifies the masking process, taking an Aadhaar number as input and returning a masked version as output. 

Challenges addressed: 

  1. Manual data entry: Manual data entry can be time-consuming and error prone. By automating the extraction and identification process we can reduce the processing speed and accuracy. 
  2. Manual labor costs: Automating document processing frees up valuable human resources for other tasks, leading to cost savings. 
  3. Fraud prevention: The accuracy in data extraction can help in fraud detection and prevention, which minimizes losses and other fraudulent activities. 
  4. Compliance with data regulations: Gathering and storing KYC details needs to be adhered to regulations like GDPR (General Data protection Regulation) or UIDIA, ensuring the customer information is handled responsibly. 
  5. Scalability: The SDK can handle large sets of documents efficiently, which will help in business growth. 
  6. Improved customer experience: Streamlining the KYC process can enhance customer satisfaction and build trust. 

Benefits: 

  1. Faster and more efficient KYC processes 
  2. Reduce operational costs 
  3. Improved compliance and risk management 
  4. Enhanced customer experience and satisfaction. 
  5. Stronger security and data privacy 

Overall, Extrieve’ s DocumentAi SDK represents a paradigm shift in document processing technology. By leveraging advanced AI capabilities, organizations can streamline KYC verification, automate document extraction, and ensure compliance with UIDIA regulations. With DocumentAi integration, document processing becomes faster, more accurate, and more efficient. Experience the future of document processing with Extrieve’s DocumentAi SDK today. 

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Yet another recognition from client https://news.extrieve.com/awards-and-recognition/yet-another-recognition-from-client-2/ https://news.extrieve.com/awards-and-recognition/yet-another-recognition-from-client-2/#respond Mon, 25 Nov 2024 12:32:01 +0000 https://news.extrieve.com/?p=228 Mumbai (Maharashtra) [India],September 14: Extrieve representatives(Simon Sunny & Anil) receiving memento from Munish Mittal for process improvement in Idea LOS CRMNext project at HDFC Bank
Simon Sunny , Anil & Munish Mittal (CIO at HDFC Bank) Fy 2018-2019

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Extrieve WorkflowWaves In-memoryMaster Management feature released https://news.extrieve.com/products-updates/extrieve-workflowwaves-in-memorymaster-management-feature-released/ Mon, 25 Nov 2024 12:23:17 +0000 https://news.extrieve.com/?p=223 Bengalore (Karnataka) [India],November 30, 2021: WorkflowWaves new version includes the In-Memory master management capability. This feature aids in the performance of the Query and session-related APIs. As the number of requests to the database decreases, the performance of other workflow APIs improves as well.

Benefits

The performance of master query APIs has increased by 90% as a result of this improvement. This enhancement also boosts the performance of the user-login and Get WorkItem APIs. Apart from business process workflows, enterprises can use WorkflowWaves with these updated functionalities for central master data management use cases.

About WorkflowWaves:

WorkflowWaves is an enterprise-grade workflow management engine with many unique features. It simplifies workflow modeling with a unique approach based on WorkItems, Agents, Queues, and Outcomes. WorkflowWaves also has inbuilt features for the distribution of work to internal or external teams. Imaging or document processing features, such as Append to File, Page wise retrieval, and so on, help to reduce network utilization and improve overall application performance.

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Update on the Log4J https://news.extrieve.com/news/update-on-the-log4j/ Mon, 25 Nov 2024 12:18:35 +0000 https://news.extrieve.com/?p=219 Log4J vulnerability

Bengalore (Karnataka) [India], December 17, 2021: This is an update to our customers and partners in the context of the Log4J vulnerability issue.  

WorkflowWaves platform, PowerFile DMS ,Extrieve Digital Suite and SDK’s do not use Log4J and are safe from this vulnerability issue.  

About Log4J  

Log4Shell vulnerability is known to affect all systems which use certain versions of the Apache Commons Collection library. (Apache Log4j Vulnerability Guidance CISA)

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Extrieve Image Repository V7 released with features to reduce storage requirements. https://news.extrieve.com/products-updates/extrieve-image-repository-v7-released-with-features-to-reduce-storage-requirements/ https://news.extrieve.com/products-updates/extrieve-image-repository-v7-released-with-features-to-reduce-storage-requirements/#respond Mon, 25 Nov 2024 12:13:52 +0000 https://news.extrieve.com/?p=215 Bengalore (Karnataka) [India], December 22, 2021: The Image Repository has been deployed across multiple applications, and has played a role in enabling the financial institutions to switch over to
image-based loan origination for nearly their entire loan portfolio in both the retail and wholesale segments. This product has been in high volume production use for over 10 years and 7th version is released with higher compression of documents.

Major New Features.

1. Compression of the digital documents as part of storage. Retrieval as compressed or uncompressed formats. This is useful for storing legacy digital formats like word, ppt ,xls etc.

2. Scrabbling of documents to improve the security. All documents are scrambled before it is saved. This will avoid accidental viewing of the content by system administrators.

3. Support of mixed format for same documents. With earlier versions one specific document type can either by Tiff/Image or PDF/excel/etc. Now with this release same document type first version can be Tiff/Image, second version can be Word file.

Benefits

With this release storage requirements can be reduced up to 40% based on the type of the documents which are stored the repository. This release also helps to improve security without the complexity of encryption and key management

About Image Repository:

Image Repository makes it easy to store critical business documents to a centralized document repository. It efficiently extends any database application to become an image content store by storing the URLs of archived images into the application database. Image Repository uses RESTful API for easy integration with client applications on any platform. It supports multiple storage pools with policy specifications to allow different storage devices to be used with different types of content.

Key Features

RESTful Post Requests API for Content Addition / Modification:

• Easy upload of new business documents.
• Support multiple document formats
• Modify existing document images: new revision created after each modification
• Facility to Trim Content: reduce storage space
• Migrate documents from one storage pool of repository to another pool
• Purge document images as per the purging policy
• Retrieval enables retrieval of documents by a Page
• Image access includes secure authentication using URL query string parameters.

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HttpTwain released to support web-based scanning from Edge, Chromium, and Other non-IE browsers https://news.extrieve.com/news/httptwain-released-to-support-web-based-scanning-from-edge-chromium-and-other-non-ie-browsers/ https://news.extrieve.com/news/httptwain-released-to-support-web-based-scanning-from-edge-chromium-and-other-non-ie-browsers/#respond Mon, 25 Nov 2024 12:08:15 +0000 https://news.extrieve.com/?p=211 Bengalore (Karnataka) [India], January 29: Extrieve has announced “HttpTwain,” a new Capture SDK that enables web-based capture from any standard browser. Earlier Capture SDKs, such as ScanWizX and ImageWizX, will be deprecated, and any capture solutions should utilize the new SDK. The majority of web-based scanning SDKs are now built with ActiveX technology. ActiveX is being phased out and is no longer supported by the most recent browsers. As a result, this SDK is essential for future web-based scanning needs.

Benefits

Web-based scanning can now be enabled from any major browser using this new SDK. For distributed or high-volume document capture use cases, any enterprise application may be simply integrated with this new SDK. Mobile Apps can also be used to send HTTP requests to Scanners in order to scan documents. The setup is only about 2 MB in size, which is much smaller than any other similar SDK. This helps in faster deployment as well as upgrades.

Major Features

• Scan with Twain / Import Files or Folder
• Profile-based scanning and management.
• Stamping of variable text
• Support upload/download using HTTPS/FTP/sFTP
• View thumbnail images
• Image transformations
• Compressed output creation

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Extrieve WorflowWaves Updated release for Oracle 19c with the major framework optimizations https://news.extrieve.com/corporate-updates/extrieve-worflowwaves-updated-release-for-oracle-19c-with-the-major-framework-optimizations/ https://news.extrieve.com/corporate-updates/extrieve-worflowwaves-updated-release-for-oracle-19c-with-the-major-framework-optimizations/#respond Mon, 25 Nov 2024 12:03:23 +0000 https://news.extrieve.com/?p=208 Bengalore (Karnataka) [India], April 28: Extrieve has updated its WorkflowWaves platform to include support for Oracle 19C. As part of this, an upgraded API framework is offered with JavaScript support for business logic.

Major Changes

• Purging processes are moved from Scheduled Service to backend jobs. Now support online purging compared to earlier versions.
• API interface now supports JavaScript for business logic and validations. More focus on API Interface for querying and document retrieval process.
• Schema optimized with DB caching support, Caching will help in reducing the load on the oracle database and at the same time will de-normalize the data.
• Auto-generation of performance statistics
• Request performance
• API performance
• User session performance

Benefits

• Reduce integration effort, which can result in lower change management costs and a faster time to market for modifications.
• Limited downtime requirements and improved performance.

About WorkflowWaves:

WorkflowWaves is an enterprise-grade workflow management engine with many unique features. It simplifies workflow modeling with a unique approach based on WorkItems, Agents, Queues, and Outcomes. WorkflowWaves also has inbuilt features for the distribution of work to internal or external teams. Imaging or document processing features, such as Append to File, Page wise retrieval, and so on, help to reduce network utilization and improve overall application performance.

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Celebrating 15 Years of Excellence https://news.extrieve.com/awards-and-recognition/celebrating-15-years-of-excellence/ https://news.extrieve.com/awards-and-recognition/celebrating-15-years-of-excellence/#respond Mon, 25 Nov 2024 11:58:12 +0000 https://news.extrieve.com/?p=204

Mumbai (Maharashtra) [India], July 13: The 15th of June each year is a special day in our calendar. It was on that day in 2007, that the first production deployment of the extrieve WorkflowWaves platform was done at HDFC Bank.
Starting with a small implementation for Retail Liabilities, the WorkflowWaves platform, implemented under the internal name of IDEA, is a critical technology platform for several applications in the areas of Retail Liabilities, Depository, and Retail Assets of HDFC Bank.


In the last 15 years, HDFC Bank has grown at a pace unrivaled by any company in any industry in India. There are many reasons for this achievement, but technology and business process innovations are
important factors. As an important technology partner during this period, we have had to ensure the scalability, reliability, adaptability, and flexibility of the applications.
This partnership has resulted in many innovations. Of these, a platform for distribution of work to external BPOs and image-based underwriting and disbursal would rank among some important innovations in Indian banking.


It is a privilege to be a technology partner with one of the world’s leading banks and a great source of learning that finds its way into all the products and solutions that we offer.

About HDFC :

India’s largest private sector bank by assets and the world’s 10th largest bank by market capitalization as of April 2021. HDFC Bank has a banking network of 6,342 branches and 18,130 ATMs in 3,188 cities and towns.

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