Digital currency / Blockchain, Enterprise Software, RegTech, SaaS
Cygnetise offers firms a decentralised application to digitally manage authorised signatories. This includes bank mandate management, delegated authorities, authorized signers and authorised trader lists.
Corporations benefit by easily managing their authorised signature lists including sharing with their counterparts and banks. Banks can hugely benefit by implementing the application and allowing all their business / corporate customers to manage their mandates on it.
This replaces inherently manual and inefficient processes, reduces (by 95%) the time spent maintaining such registers and permanently records any changes made.
The application is web-based, meaning system integration is not necessary.
It enables remote working and complements use of e-signatures.