Silanis International Limited New Contract Win (7322J)

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RNS Number : 7322J

Silanis International Limited

10 August 2012

 
 RNS Release   10 August 2012 
 

Silanis International Limited (the "Company") Announces Financial Services Provider Chooses Silanis E-Signatures for Increased Performance and Integration

The Company (AIM: SNS) announced today that a leading financial services provider has chosen Silanis Technology Inc.'s ("Silanis") e-Sign Enterprise(TM) solution. This progressive financial services company provides consumer loans and credit-related products to more than half a million families in the US, and is looking to Silanis to help it electronically process up to one million documents a year while tightening integration with existing business systems. This competitive win represents yet another financial services organization that Silanis has secured as a customer in the past year, demonstrating a distinct trend toward adoption of enterprise e-signatures within the financial services sector.

On the heels of Silanis' recently successful load-test simulations of upwards of 3 billion electronically signed transactions, Silanis was able to demonstrate that the customer's need for increased performance in a stable environment would be easily met. Silanis' e-signature solution also strongly appealed because of its on-premise deployment option, providing the control the company wanted to tailor the solution to its existing processes. Because Silanis offers any-premise deployment via on-premise, private cloud or SaaS, the financial services company was able to choose the best option without compromising on security and functionality - something no other e-signatures vendor could provide.

"We are happy to welcome this leading financial services provider to our group of like-minded customers seeking the scalability and flexibility that Silanis' e-signature solution provides," says Silanis CEO and co-founder Tommy Petrogiannis. "Choosing Silanis marks the start of an initiative that will help this lender improve customer service for those in remote locations where a branch may not exist or where online lending is preferred. This will be the lender's initial focus for implementation with the goal of expanding to all channels, including in-branch processes," continues Petrogiannis.

Having options to configure the e-signing process is important for financial services companies, where a single organization can have hundreds or thousands of processes requiring signatures across multiple LOBs and channels, including mobile, call center, retail branch and remote sales force. Silanis supports a range of options for e-signature capture and authentication, including voice signature, click-to-sign online, signing on a signature capture pad and signing on an iPad with the ability to capture and upload video evidence.

About Silanis

Silanis is the most widely used e-signature solution in the world, responsible for processing over 600 million documents annually. Since the company was founded in 1992, our solutions have strengthened the business processes of thousands of organizations, including four of the top North American banks, eight of the top 15 insurance companies and the entire US Army, among others. Companies and government organizations around the globe depend on Silanis to accelerate business transactions, improve customer experience and reduce costs while improving compliance with legal and regulatory requirements. Silanis' on-premise, cloud and SaaS e-signature solutions eliminate manual, paper-based processing and enable e-commerce and e-government transactions to be electronically executed from start to finish.

For further details, please contact:

Silanis International Limited

Tommy Petrogiannis, Chief Executive Officer

www.sil-intl.co.uk

Tel: + 1 514 337 5255

Canaccord Genuity Limited

Simon Bridges

Tel: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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