The Cygnetise blockchain-powered SaaS solution enables the digital management and sharing of authorised signatories and delegated authorities, in real time, with banks and other counterparts, making the process more efficient, transparent and secure:

• Cygnetise enables full control of employee signing authority management at any time, dramatically increasing efficiency, cutting costs, and saving over 90% of the time spent on manual and paper-based tasks.
• The platform significantly reduces the risk of fraud, transforms operations and customer journeys, facilitates business continuity, and strengthens governance and compliance. 
• The easily adopted, low-maintenance software enables the creation and distribution of authorised signatory lists entirely in a highly secure, tamperproof decentralised database.
• This blockchain technology generates an immutable audit trial and simplifies regulatory reporting.
• The cloud-based SaaS model enables continuous functionality releases and upgrades.
• Viewing of signatory lists by both internal and external parties is purely on a permission basis, with permissions able to be granted with time expirations.
• High levels of GDPR compliance are assured.