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DP Statement OCR

DP Statement OCR (Optical Character Recognition) is a technology designed to extract text data from scanned or digital images of Depository Participant (DP) statements. This technology facilitates the automatic capture of crucial information such as transaction details, securities holdings, account numbers, and dates from DP statement images.

Steps on How DP Statement OCR Works:

  • 1.
    Users upload scanned or digital images of DP statements to the DP Statement OCR system.
  • 2.
    DP Statement OCR analyzes the image and extracts text data using advanced OCR algorithms.
  • 3.
    Extracted text data undergoes verification to ensure accuracy and completeness.
  • 4.
    Verified data is then presented in a structured format for further processing or storage.
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Streamline Workflows

Streamline Workflows

Eliminate manual reconciliation of data across multiple documents.

Prevent fraudsters.

Prevent fraudsters.

Secure your services by allowing only genuine customers access, thus safeguarding against fraudulent activities.

Trustworthy Verification

Trustworthy Verification

Verify all customer-provided information to onboard legitimate and accurate customers.

Instant Verification

Instant Verification

Optimize your time and effort by integrating the appropriate APIs. Data processing takes just a second, eliminating the need for manual review.

Use Cases Of DP Statement OCR

Investment Portfolio Management

Tax Reporting and Compliance

Securities Trading Analysis

Audit and Compliance Reporting

Financial Planning and Advisory Services

Frequently Asked Questions

DP Statement OCR (Optical Character Recognition) is a technology that automatically extracts text data from scanned or digital images of Depository Participant (DP) statements.

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