Financial Technology

Financial Technology

November 08, 2010

Silanis to Provide E-Signature Services for Leading Financial Company

An insurance, banking and investment company has chosen Silanis Technology as its enterprise electronic signature provider in order to leverage the convenience and efficiency provided by e-signatures. After undergoing extensive competitive evaluation process, Silanis Technology bagged the award because of its excellent vendor experience, as well as the reliability and scalability factor of its innovative solution.

By deploying electronic signatures across all lines of business, including distribution channels and internal operations, the leading financial services company plans to offer consistently exceptional services to all its customers at every interaction. In a press release, Tommy Petrogiannis, CEO and co-founder of Silanis, said, “This customer looked closely at the e-signature options available on the market and decided Silanis could offer them the surest path to success. Our solutions have been in high volume, real-world production environments for years. A number of our e-Sign Enterprise Platform customers are now approaching their ten year anniversary.”

Silanis solutions have been serving a wide range of financial services application areas such as consumer lending, insurance new business processing as well as insurance policy delivery. Its unique solutions have delivered considerable benefits and ROI across various sales and service channels such as retail branch, call center, Web and field.

The financial services firm was seeking a standardized, single enterprise e-signature platform that was customizable to adapt to various signing processes and workflows, and was flexible enough to accommodate millions of transactions annually. Silanis and its E-Sign Enterprise Platform proved to the ideal match since it provided the firm with the exact solution that was customizable to support both a ‘Click-to-sign’ process for its call centre and web channels, as well as signature capture tablets and SMS as well as voice authentication for retail and agent channels. Also the E-Sign platform can be scaled reliably to adapt to the firm’s growing e-signing needs resulting in reduced time and cost factor along with reduced complexity of porting new applications to the system.

Additionally, the E-Sign Enterprise Platform also provided the financial services company with a secure technology that mitigates legal and compliance risks. By enforcing business rules throughout the transaction, Silanis solution allows recording of the entire transaction from start to end, thus delivering the most reliable, legal evidence and audit trail.

Carolyn John is a Contributor to TMCnet. To read more of her articles, please columnist page.

Edited by Jaclyn Allard

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