Silanis' ApproveIt® Web Server, a leading online e-signature solution for high-volume and high-value B2B and B2C transactions, will ensure legally enforceable signatures as part of IBM's SOA offering, helping to automate various online banking applications, starting with IBM's Mortgage e-Collaboration solution.
IBM has included Silanis in its banking solution because it recognises that e-signatures address the banking industry's key concern, which is to provide faster and more convenient service.
Also part of IBM's SOA offering, Silanis' ApproveIt Transferable Records Manager will handle the transfer and storage of transferable records, the electronic equivalents of promissory notes and chattel paper.
With these comprehensive solutions for the banking industry, IBM now offers banks a one-stop-shop for innovative technology to improve customer experience across all channels. This also represents an opportunity for IBM customers to leverage their existing infrastructure with high-value, out-of-the-box applications.
"e-Signatures are an essential component of any SOA because without this capability, processes will be bottlenecked every time a signature is required," said Silanis CEO Richard L. Warren.
"IBM has included Silanis in its banking solution because it recognizes that e-signatures address the banking industry's key concern, which is to provide faster and more convenient service."
With extensive e-mortgage experience and solutions based on SOA principles, Silanis was the obvious choice to provide IBM with e-signature and e-vaulting components. Service-oriented architecture allows solutions to be quick and easily deployed across multiple channels and processes, ensuring that organisations earn the maximum return on investment and decrease their total cost of ownership.
ApproveIt Web Server is an advanced, ESIGN-compliant solution that enables online business and e-contracting processes. Rather than routing paper documents to customers, organizations can provide users with the ability to instantly and electronically access, review, sign and return legal disclosures and contracts.
Silanis has been an IBM partner since 2006, having achieved 'Advanced Industry-Optimized' status in IBM's government network through a joint enterprise design win to supply the US Army with a Web-based e-forms solution that included secure, electronic signatures. Silanis also holds 'Advanced' status in IBM's PartnerWorld Industry Networks for the financial, banking and insurance markets, earned after supplying a Fortune 500 company with an electronic signature solution for 401K and on boarding processes.
Source: eMediaWire.com
