Improve Fiscal Accountability - SIGNiX™ Digital Signatures For Financial Services
By using SIGNiX's digital signatures for Financial Services, it answers today’s economy – the need to control costs, consolidate operations and manage global operations – all while adapting to new technologies and extending operations to the Internet.
While today’s global financial services industry is evolving in all segments and theaters, requiring a new dynamic, highly secure, and reliable digital signature solution. This environment has become more complex as financial institutions:
- Add applications through acquisition growth
- Expand product offerings through this growth
- Require supercomputing speed to differentiate from competitors
- Expand sales and service to multiple delivery channels
Bank On It!
Each and every customer is at the core of all financial and banking transactions, therefore having a competitive advantage in the customer experience is key for getting more business. Empower your business and acquire and retain your customers with SIGNiX's digital signature solutions. Financial institutions, credit unions, brokerages, and more can add digital signature capabilities to their existing infrastructure.
How does SIGNiX work with financial institutions, credit unions, brokerages industry?
- Closing the gap in going fully paperless by completely eliminating the need to print documents for signing.
- Verification of the authenticity and integrity of the documents and storage problems will no longer be an issue.
- In addition the straight-through processing of forms and documents reduces errors and enables fast access to electronic documents for auditing purposes.
Financial Services Use Cases Automated By SIGNiX:
- Account Opening
- Signature Cards
- Standing Orders
- Exemption Orders
- Loan Documents
- Investments
- Mortgage Origination & Closing
- Any other contracts, support materials like appraisals, disclosures and employment verification.
SIGNiX™ Digital Signatures For Broker Dealers
How Does SIGNiX Work In The Broker Dealer Industry?
- Helps fulfill the requirements of electronic submission of documents to the SEC under Regulation S-T
- Maintains records of information used to authenticate individuals for required regulatory time periods
- Enables online new account opening processes
- Provides a proactive solution for client retention and client carry-over (“transition services”), enabling reporting and compliance with SEC Regulation S-P
- Helps to enhance account maintenance processes
- Provides a complete transaction history to aid in SEC/FINRA compliance and regulatory reporting
- Incorporates user authentication into workflow-based signing processes, such as distribution processing
- Automates the signing of internal broker/dealer compliance forms
- Consolidates clearance and settlement services for prime brokers
Broker Dealer Use Cases Automated By SIGNiX:
- Account opening documents
- Suitability
- Investment advisory agreement
- Power of attorney
- Investment management agreement
- Arbitration agreements
- Privacy policies
- W-9
- Account maintenance documents
- Change of beneficiary
- Investor policy statements
- Marital status
- Re-signature documents
- Change of broker/dealer information
- Special account options
- Client authentication prior to distribution of funds
- Fed wires request forms
- Compliance forms
- Code of ethics
- Gift and gratuity
- Permission-based insider trading
- Prime broker agreements
- SIA 150 – prime broker and executing broker
- SIA 151 – customer and executing broker
- Monthly Branch Exception Reports
- Sales Blotters, Check Receipts
SIGNiX™ Digital Signatures For Retirement Plan Administration
How Does SIGNiX Work In The Retirement Industry?
- Helps reduce plan administration costs associated with print, delivery and processing of paper documents
- Allows TPAs to “upload” signature-ready documents into their branded template, identify all signing parties and let the process manage itself through full execution and delivery of all documents
- Facilitates amendments or modifications to Plan Documents
- Helps reduce the workload of TPAs by providing a direct connection between the Plan Sponsor and the Plan Provider for changes such as deposit designations, loan requests, stop payments, etc.
- Helps reduce errors by electronically submitting required forms and applications
- Provides the ability for plan sponsors to amend, modify and approve all plans
Retirement Use Cases Automated By SIGNiX:
- Service agreements
- Loan originations
- Promissory Notes
- Disbursement processing
- Trustee resolutions
- Paying Agent agreements
- Disclosure documents
- Change of beneficiary
- IRA rollovers
- Asset transfers
- Plan amendments
- Annual filings
- New plan sales
Your financial services documents –
“Digitally Signed, Sealed and Delivered”