E-Signatures and Banking: Silanis to Host a Live Webcast to Discuss How e-signatures Can Fully Automate Loan Processing and Manage Risk


Montreal, QC (PRWEB) October 12, 2009

Silanis Technology, the leader in electronic signatures, today announced that it will host a live Webcast to discuss how banks can reduce the errors, costs and risks of processing consumer loans and mortgages, while maximizing operational efficiency and customer satisfaction across all sales and service channels. The Webcast will take place on Thursday, October 15 at 2:00 EST

Despite efforts over the past decades to streamline lending processes, banks still rely on paper for the execution of customer-facing business transactions, such as loan and mortgage origination. This not only prevents banks from fully automating their processes and gaining transparency and control of their transactions. It produces billions of dollars of potentially defective assets that can result in loan losses and hefty regulatory fines. While investments in people and technology have been made to improve post-transaction audit and quality assurance, the risk of improperly executed business transactions remains extremely high.

During the Webcast, Silanis’ Vice-President of Strategic Development and Co-Founder, Michael Laurie, will discuss how banks can leverage a new class of electronic signatures, known as electronic signature process management, to:


Eliminate the inconvenience and cost of paper by facilitating online execution and review of transaction documents.
Automate the enforcement of a bank’s compliance requirements for the execution, presentation, review, and completion of transaction documents.
Eliminate the errors and downstream costs and risks associated with paper-based, loan processing by ensuring transactions documents are executed correctly.
Automate status monitoring and reporting freeing up bank resources to focus on exceptions and delays identified in real time.
Minimize the impact of changes that force document revisions and new execution requirements by enabling documents and data to be updated in real time.

To register for the Webcast, click here.

About Silanis

Silanis Technology is the leading provider of e-signature process management solutions. The world’s leading insurance and financial services companies, major government agencies, integrators and service providers depend on Silanis to accelerate business transactions and reduce costs while improving compliance with legal and regulatory requirements. The company’s electronic signature platform, ApproveIt

Tags: , , , , , , , , , , , ,

Comments are closed.

Spanish Crisis Triggers Real Estate Price Collapse

Baltimore, MD (PRWEB) June 29, 2012 A move by Spanish banks to offload the build-up of foreclosed properties on their [...]

Self Storage Provider Coronado Mobile Storage Joins Forces with LAD Solutions in Promoting Storage Containers as Mobile Offices

San Diego, CA (PRWEB) July 03, 2012 With the collapse in real estate prices and explosive growth in home foreclosures [...]

Real Estate Prices LOFTS DOWNTOWN LOS ANGELES FOR SALE AND LEASE RENTALS

Real Estate Prices LOFTS DOWNTOWN LOS ANGELES FOR SALE AND LEASE RENTALS. LA loft prices and market report Corey Chambers, [...]

Mortgage Rates Drop to New Record Lows Influencing Increase In Refinancing and Home Building Activity According to BurlingtonMortgage.biz

Wilmington, NC (PRWEB) July 24, 2012 Mortgage rates have reached a new historical low point for 30 year fixed, 15 [...]

NFIB Stated Confidence in Small Business Takes a Steep Drop XSM Services aimed to Restore Faith

Denver, Colorado (PRWEB) January 30, 2013 After the recession took its toll on the U.S. economy, the fiscal cliff and [...]

Junior State of America Releases Winter 2013 Edition of Student-Run Magazine, The Junior Statement

Washington, DC (PRWEB) January 31, 2013 The Junior State of America (JSA) today released the Winter 2013 Edition of The [...]