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SignASP & QAS JOINS FORCES TO DELIVER INSTANT WEB BASED ID AUTHENTICATION AND SIGNING SOLUTION
Written by Francois Roux   
Tuesday, 12 September 2006
London, UK - 11th September 2006.

SignASP (www.signasp.com), a market-leading provider of online managed digital signature solutions and QAS, an Experian® company, have joined forces to create a new solution that enables organisations to capture, authenticate and sign-up customers online in just seconds. The SignASP/QAS solution will help organisations streamline their customer acquisition process and deliver an improved customer experience.
The combined solution from SignASP and QAS means that organisations can make instant qualified decisions when approving applications for products and services such as investments, loans and credit cards. Based on authentication technology provided by QAS, it supports organisations in assessing the level of risk when interacting with new customers. Used in conjunction with SignASP technology, customers can then immediately sign any required documents online, securely and compliant with legislation.

End user customers do not require special software to sign documents and the process is completely seamless and branded for the organisation. Another major benefit of SignASP is that the solution complies with legislation regarding the use of electronic signatures in over 20 countries and territories worldwide.

Electronic authentication has been approved as an alternative to paper documentation checks by the Joint Money Laundering Steering Group (JMLSG)**. The QAS solution Authenticate Pro, is an electronic authentication solution that uses information given by a customer and

compares it with multiple independent data sources to determine the level of risk. It forms a two stage validation and verification process, checking matches against the data sources and returning an authentication index score. This provides a clear indicator of the level of confidence in the individual, helping companies to comply with FSA AML regulations*** and JMLSG guidelines.

The combined solution from SignASP and QAS means businesses can store a complete electronic evidence trail, incorporating both the authenticate search data and the electronic signature. This allows for clear and defined digital audits and compliance, as well as supporting a risk-based approach to identity authentication.

“This is an exciting time for us all and we are proud to be working with QAS on this project,” says Francois Roux, Managing Director of SignASP. “QAS’ innovative solutions fit perfectly with the SignASP vision and will ensure that all our clients can benefit from increased customer acquisition while still complying with the required legislation within their industries.”

“QAS and SignASP’s partnership represents a significant opportunity to continue to build on our respective reputations for delivering value added solutions to our customers,” says Christian Brooks UK Sales Manager – Identity Authentication at QAS. “The combination of our products allows organisations to significantly enhance their levels of customer service. Furthermore, it also provides an ‘instant decisioning’ environment where customers details are captured, authenticated and the product sale completed in one transaction,” says Christian Brooks UK Sales Manager – Identity Authentication at QAS. “This means that drop off issues during the customer acquisition process can be eliminated and revenues increased.”

-ends –

Notes to Editor
** – The Joint Money Laundering Steering Group (JMLSG) is made up of the leading UK Trade Associations in the Financial Services Industry. Its aim is to promulgate good practice in countering money laundering and to give practical assistance in interpreting the UK Money Laundering Regulations.
*** – Anti Money Laundering regulations (AML) as set out by the Financial Services Authority (FSA).

 


About SignASP:
Recently awarded runner up at the prestigious IW Internet Innovation Awards 2006, SignASP is part of the award winning SSTGH group of companies (www.sstgh.com  ). SignASP have been working with lawyers, law makers & governmental advisors over the last three years to develop the UK’s first fully managed trusted online document signature service. Any transaction that requires a signature, from legal contracts, HR documents and online applications to staff holiday forms, internal review documents, insurance applications and lots more, can now be seamlessly completed using no more than a web browser.

SignASP - empowering customers to create a truly end-to-end electronic business process that never needs a paper component - Create, Process, Sign, Deliver, File and Archive - all electronically and, most importantly, compliant with legislation in over 20 countries worldwide. For more information visit: www.signasp.com
About QAS:
QAS is an international provider of data accuracy and identity management solutions. Its QuickAddress range of software helps organisations worldwide capture accurate address data and conserve integrity over time. Any organisation that holds data on prospects, customers, suppliers, employees or distribution networks will benefit from the efficiency gains and cost savings achieved with QuickAddress.

Based on data secured from national postal authorities and other leading data sources, QuickAddress captures, cleans and maintains name and address records. The true potential of this data can then be enhanced by the addition of information from over 60 datasets.

The latest addition to the QAS offering is IDentifier - designed to improve identity management processes. The leading IDentifier solution Authenticate Pro provides fast and efficient electronic authentication of individuals to help cut process costs, minimise the risk of potential fraud and provide users with security against ID theft.

Award winning solutions from QAS are a result of a 14-year investment in technology development to ensure each solution delivers the highest level of functionality and service support. QAS supports more than 9,500 clients worldwide across all industry sectors. QAS is a wholly owned subsidiary of Experian®, the global information solutions company. Visit QAS on the web at  www.qas.com

About Experian
Experian is a global leader in providing value-added information solutions to organisations and consumers.

Experian provides information, analytics, decision-making solutions and processing services. Using its comprehensive understanding of individuals, markets and economies, it helps organisations to find, develop and manage customer relationships to make their businesses more profitable.

Experian promotes greater financial health and opportunity among consumers by enabling them to understand, manage and protect their personal information, helping them control financial aspects of key life events and make the most advantageous financial decisions.

Experian works with clients across diverse industries, including financial services, telecommunications, healthcare, insurance, retail and catalogue, automotive, manufacturing, leisure, utilities, e-commerce, property and government. A subsidiary of GUS plc with headquarters in Nottingham, UK, and Costa Mesa, California, more than 12,500 people in 28 countries worldwide support clients in more than 60 countries. Annual sales are in excess of £1.7 billion.

For more information, visit the company's website on  www.experian.com.


- The word 'Experian' is a registered trademark in the EU and other countries and is owned by Experian Ltd and/or its associated companies.

- SignASP is a trademark of Simplicity Software & Technology Group Holdings Limited


More information can be seen at www.signasp.com or contact us at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

 

 
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