Entrust to Provide High-Assurance Digital Signature Workflow for Financial Services With Sysmosoft Partnership

Combined solution makes it easier, faster and safer for banks, mortgage providers and others to offer and manage digital signatures and approval processes for their customers

Entrust  today announced that it has partnered with Sysmosoft, a provider of secure solutions for digital banking processes, to provide a comprehensive solution for digital signature management. Under the agreement, the Sysmosoft financial services document signing workflow is available as an add-on to Entrust’s digital signing solutions.

Organizations need digital signing solutions more than ever as they accelerate their digital transformations. Consumers demand secure and simple online and mobile experiences. Financial services companies are responding with the deployment of high-assurance document signing to streamline customer account opening, high-trust transaction confirmations, mortgage and loan applications, and more. As they do this, it is critical to manage digital signatures to assure compliance with regulations like eIDAS in the European Union, and other corporate governance and audit requirements.

Entrust offers a range of digital signing solutions, including document signing certificates to establish trust for electronic documents, supported by high-assurance nShield^® hardware security modules (HSMs) and industry-leading PKI capabilities as part of a complete solutions set. By adding Sysmosoft’s digital signature management capabilities, Entrust can provide its financial services customers a solution that combines Entrust’s digital signing solutions with Sysmosoft’s proven document management workflow optimized for financial services.

“As businesses adopt digital signatures, they increasingly want to integrate digital signature management into their workflows. Sysmosoft complements Entrust’s digital signing solutions with a document workflow tailored for financial services,” said Jay Schiavo, vice president, Entrust Certificate Services Markets at Entrust . “This enables financial services customers around the world to take advantage of digital signatures that meet the highest standards, while simplifying regulatory compliance.”

Frédéric Mauger, Co-Founder and Partner at Sysmosoft said: “New standards on electronic transactions are paving the way for a digital economy in the EU and abroad. Our product, Let’s Sign, enables the digitization of banking processes that are known to be stringent and require strict compliance with regional laws and international conventions. The partnership with Entrust will provide a complete set of trusted services to highly regulated industries.”