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Digicert Quovadis and Signatys enter into official partnership

On the 7th of June 2019, Signatys team is delighted to announce that Signatys and Digicert Quovadis have entered into an official partnership to provide industry-leading solutions to customers in Switzerland and EU. Signatys has chosen to strengthen its technology products and local expertise in digital signature with a recognized Swiss TSP* like Digicert Quovadis. 

Since this partnership, Signatys and Quovadis have launched a common product – QES** eligible – named Web API to enable digital signatures – any systems compatible – through a Web based and tokenless platform.

Olivier Adler, Signatys CEO : “We are excited about this partnership. Our footprint in Romandie and expertise in financial business, combined with robust PKI-based solutions from Digicert Quovadis will help providing best services and end to end solutions to customers. We have a common and aligned strategy with Quovadis team to serve customers with secured, compliant  and latest technology-based products.”

 

*TSP : Trust Service Provider or CA (Certification Authority)
**QES : Qualified Electronic Signature

Swiss Private Bank deploys SignMit solution

As part of of their recently officialized strategic alliance, Sysmosoft SA and Signatys have teamed up to deploy of an electronic signature solution within the Millennium Private Bank in Geneva. Other similar projects are in the pipeline for the two startups.

Sysmosoft and Signatys offer an electronic signature solution to digitize processes related to banking transactions. The solution – SignMit – aims to increase the efficiency, compliance and security of current processes requiring advanced or qualified signatures. The qualified electronic signature being equivalent to the handwritten signature.

It is in this context that Signatys’ expertise in electronic signatures in banking and notary environments has allowed Sysmosoft to optimize its product to meet the high requirements of the financial sector.

Millennium Banque Privée has implemented this solution and started the deployment to their customers since December 2018. It allows the bank to be able to send documents on the smartphone of their customers and receive reliable decisions, as well as legally binding signatures. The first use case implemented by the bank is the digitalization of the transaction authorization agreement (more known as the callback procedure).

The goal of the bank is to be able to digitize customers decisions processes in order to gain in efficiency and security. The bank plans to deploy new use cases quickly, especially those related to the new regulations in force (MiFID II, LSFin) and clients onboarding. Security is often synonymous with complexity, with SignMit customers use a simple product, while integrating advanced technologies such as cryptography, biometry and digital signature concepts.

Contacted by Startupticker.ch, Olivier Adler, Signatys CEO explains that the collaboration started with Sysmosoft in 2017 is showing promising potential as both companies are currently working on similar deployments in other Swiss banks.

 

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Signatys will attend Temenos Community Forum 2019

When : 3rd of April 2019

Where : World Forum Hague, The Netherlands

What : Temenos Community Forum

Every year, Temenos organizes its annual global event called Temenos Community Forum(TCF). This event is attended by over 1600 senior executives from banks, financial institutions (including start-ups), investors, analysts and media globally.
It is a platform where we encourage dialog amongst these different parties about the future of banking, addressing the increased pressures that banks experience when it comes to maintaining customer loyalty while adhering to the requirements from the regulators.
In its 20th year, it has become one of the largest banking and financial conferences in the world.