Sysmosoft partners with Swisscom Trust Services
Sysmosoft, one of TNF’s portfolio investments, announced it has entered a strategic partnership with Swisscom Trust Services.
This partnership will enable banks to offer their customers a fully digital customer journey that is fast, legally compliant and user-friendly.
The qualified electronic signature, which is provided by Swisscom Trust Services as Qualified Trust Service Provider (QTSP), has been approved in accordance with both the EU standard (eIDAS) and the Swiss standard (ZertES) and is therefore equivalent to a handwritten signature in both jurisdictions.
“The cooperation brings together the usability that consumer transaction customers know about with the legal validity and security required for banking processes,” said Frederic Mauger, partner and co-founder of Sysmosoft. “Swisscom Trust Services was exactly the right partner for us because it is the only QTSP to provide an electronic signature in accordance with EU and Swiss standards. In addition, the expertise to transfer the legal requirements into the technology was essential to provide this combination of usability and compliance”.
“This partnership is a new milestone in the digitalisation of banking,” says Marco Schmid, Head of International Expansion Strategy at Swisscom Trust Services. “The signature for contracts is no longer a bottleneck in transaction processes, but can now simply be done digitally. For us, this cooperation is unique because Sysmosoft not only enables electronic signatures of PDF documents, but also offers all forms of digital declarations of intent. Banks thus have at their disposal an unprecedented combination of legal certainty, user-friendliness and efficiency, a groundbreaking innovation for the future”.
For more information, please visit the official news release.