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Achieving Straight-Through Processing with Electronic Signature |
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Financial institutions require a significant amount of documentation and security for every transaction.
This makes straight-through processing an ideal and effective way to manage a larger volume of financial documentation to accelerate transaction cycle times, reduce costs and create a better client experience.
However, for many financial transactions, the signature process-the step which makes the transaction legally binding-is still conducted via pen and paper, making straight-through processing a myth.
Why switch from pen and paper to eSignatures?
• Accelerated transaction cycle times.
• Lowered costs.
• Improved compliance.
• Increased productivity.
• Enhanced client satisfaction.
• Verification of signers’ identity.
• Increased compliance.
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