Silanis Share Discussion Threads

[the ghost who walks] 09/4/2013 16:19

Still no news

[billbyrne] 04/4/2013 14:08

With the end of March running into Easter this year it may be they will be later. But I would of thought they will be fairly soon.

What has been a concern though is the share price decline over the past 12
months. Would like to see some sign that e-signatures are being used in far larger numbers and so far that doesn't appear to be the case.

[the ghost who walks] 03/4/2013 07:32

Lack of any updates here a bit of a concern

[billbyrne] 08/3/2013 08:58

Tgww

Edited.

Final results normally announced at the end of march.

[the ghost who walks] 28/2/2013 19:24

When are results due? Anyone know

[varies] 30/1/2013 11:46

jamonit
My guess is that SNS may return to profit in 2013. If so, the profits would be of a more recurrent nature than those made in 2011.
If the price weakness over the last 12 months is getting you down, why not sell your shares and add the proceeds to holdings in companies that you are happier with ? Swearing at SNS will do nothing for the share price.
My average price paid is about 15p and so I am moderately happy with SNS but I would not want too many eggs in this basket.

[varies] 22/12/2012 16:51

I bought a few more shares last week. They were easier to buy than usual, which seems a bad sign, but I like the concept of signing documents on-line; this must save a tremendous amount of bother, delay and expense.
Is SNS the only way for private investors to take an interest in the e-signature business ? If not, I would be grateful for any information on an alternative.
Moving from the sale of perpetual licenses to recurrent charges does the P&L account no favours and we would do well to break even on the new basis within the next 12 months. I am hoping, however, for encouraging news before then and buying SNS shares would then be more difficult.

[billbyrne] 13/10/2012 20:32

It always surprises me that they only sign 12 month contracts. SNS have
had the contract for the past 10 years. I could understand it for the first couple of years but would like to see them getting them to sign for three or five years now.

[andrbea] 12/10/2012 18:00

no price response to contract renewal

markets asleep........

[the ghost who walks] 05/9/2012 18:55

What I found most disappointing was the expense trends - continued to rocky upwards. Furthermore the revenues (recurring ones) were also lower 1h versus 2h. But I agree that it looks good medium term

[varies] 05/9/2012 12:09

The figures for the first half of 2012 are very disappointing and amply justify the fall in the share price.
I must confess that I had not realised how much of the profits for the corresponding period last year was exceptional, arising from a big sale of perpetual rights.
I have only dealt once in the last year or so when I sold 10,000 shares at 29p which was the most that the market would take.
It now looks as if the development into sustainable profit-making on a more conservative basis may take another year or two but I feel confident that SNS will prove a big winner eventually. Yet another share for the back of my drawer !

[the ghost who walks] 03/8/2012 11:52

Hard to know how to read this statement - seems very positive until the last sentence, but revenues last year were huge so all depends on how much lower.

[parvez] 11/7/2012 14:53

agreed some key wins here.....only a matter of time before market wakes up to the potential

[billbyrne] 10/7/2012 17:43

I wonder what the share price will be when we are processing 3,000,000,000 e-signed documents. :-)

News
Silanis e-Sign Enterprise 4.6 Responds to Market Demand for Massive Scalability and Performance
Montreal, QC, June 28, 2012 - As legally enforceable electronic signatures become a foundational technology for the enterprise along with CRM, ECM and other content services – and as e-signatures are scaled across all lines of business – the market requires increased scalability and performance to support an exponentially growing volume of electronic customer transactions.

In response, Silanis, the leader in enterprise electronic signature solutions with the largest e-signature deployments, today released version 4.6 of its e-signature platform, e-Sign Enterprise™. As the leading solution for enterprise e-signatures based on functionality and electronic evidence, e-Sign Enterprise is trusted with the core business processes of North America's top banks, insurance carriers and government agencies and handles more e-signed transactions annually than any other e-signature provider.

Considering that the insurance industry worldwide generates more than $4 trillion1 in revenue and that large carriers can process up to a billion paper documents each year, the anticipated volume of digital data generated from electronic transactions will be massive. Gartner predicts that as much as 75 percent of new business applications from independent agents in the US will be submitted electronically by 2016.2

With 25 million new savings, checking and credit card accounts opened and millions more consumer and mortgage loans closed each year, the US banking industry also generates enormous quantities of paperwork, and faces similar pressure to automate more processes and improve customer experience. According to Forrester Research, "Customers, who are more comfortable with the Web and mobile apps, are now driving e-signature adoption; it's no longer just enterprises looking to reduce paper costs. "

Creating the best and most competitive customer experience consistently across billions of annual transactions requires robust technology. Architected for scalability and performance, e-Sign Enterprise 4.6 is a significant new software release that enhances two major areas of the platform in order to serve up greater volumes of documents and carry out transactions even faster. These enhancements apply to:


The document processing architecture and integration API, resulting in significant document presentation and processing performance;
The data and document storage architecture, to increase scalability.
"Earlier this year we successfully load-tested a transaction volume exceeding 3,000,000,000 e-signed documents per year in an enterprise environment," said Alexei Savchenko, Silanis CTO. "While undergoing this scalability testing, we created the planning models and documentation to help enterprises with performance tuning, capacity planning and scalability analysis. As a result, our customers will process massive volumes of business transactions while maintaining sub-second response times."

These response times are all the more impressive considering that Silanis' enterprise e-signature platform is performing a multitude of actions as it executes each transaction. Even for a simple signing process, the platform is presenting the document online, allowing people to review and e-sign, capturing forms data, securing the document with a digital signature and delivering the completed document electronically.

While all of this occurs, hundreds of thousands of other transactions can be taking place simultaneously across various lines of business, departments and channels. Add to this the need to display multiple documents (where some could contain 30 pages or more) for multiple signers through a web browser or mobile device, and the demands on performance and scalability become substantial.

The increased performance and scalability is a key part of Silanis' strategy to support customers from a single e-signature platform, regardless of how it is deployed: on-premises, on a private cloud, through dedicated cloud services or a software-as-a-service. Having flexibility in deployment options means that no matter the size of the project or the requirements of the organization, if IT resources are limited there are still ways to get up and running quickly.

"As the e-SignLive™ multi-tenant customer base expands, they are looking for a highly scalable environment that can accommodate spikes in large-scale transaction volumes on-demand, while limiting costs to actual usage and minimizing IT resources," said Robert Al-Jaar, Silanis' Executive VP of Online e-Signature Services.

[billbyrne] 10/7/2012 17:37

Things are happening.

As you say Parvez, results will tell us how fast the progress is.

News
A Top 10 North American Bank Rolls Out Silanis E-Signatures for Wealth Management
Montreal, QC, July 10, 2012 - Silanis, the leader in enterprise electronic signature solutions with the largest e-signature deployments, announces that a top 10 North American bank is currently rolling out the first phase of their Silanis e-Sign Enterprise™ deployment, to provide their investment sales force with sustainable competitive advantage and improve customer experience.

The bank's investment sales force is responsible for the sale of wealth management products and services. Adding e-signatures will significantly improve error rates, provide greater efficiency and free sales to spend more time with customers instead of chasing paper. In early 2012, a select group of this bank's investment sales force first began entering customer data directly on their laptops and having customers sign on a tablet PC – keeping transactions 100 percent electronic for straight-through, paperless processing. Over 90 percent of the first wave of customers said they would consent to signing documents via e-signature again in the future.

By implementing an enterprise e-signature solution that enforces business rules and workflows to ensure that documents cannot be submitted for processing if they are missing data or signatures, this bank expects an overall reduction of 75 percent in error processing rates. This will lead to significant cost savings, while also increasing revenue. In addition, sales representatives can now complete the sale correctly in the first meeting, capturing revenue faster and preventing customer abandonment.

"Customer experience initiatives are a top priority for banks as they try to make their processes more efficient. E-signatures are seen as a solution because they provide greater control over how transactions are executed," said Tommy Petrogiannis, Silanis CEO and co-founder. "In fact, enterprise e-signatures go far beyond simply capturing an electronic signature and dropping it into an electronic document. By automating and enforcing business, legal and regulatory requirements, and by managing the transaction from start to finish, Silanis' enterprise solution ensures documents are completed correctly the first time around."

This bank will roll out Silanis e-Sign Enterprise nationally by end of year, after which they anticipate expanding e-signatures to other areas of the business.

[parvez] 06/7/2012 10:08

half yearly results around end-August. need to be patient....

[billbyrne] 20/6/2012 09:12

They gave an interim trading update on 01/07/11 last year so hopefully
not long before we hear something.

[cougar99] 27/4/2012 09:48

Current load-testing simulations with Silanis e-signature technology running in an AIX environment demonstrate the ability to handle in excess of 3,000,000,000 annual electronically signed transactions.

[cougar99] 23/4/2012 20:05

Silanis Makes it Easier to Collaborate on Automated Customer Transactions: Enhanced Document Services Now Available in e-Sign Enterprise™ 4.1