The Cygnetise SaaS solution simplifies and solves the pain of Authorised Signatory Management (ASM) by enabling operations and finance departments to digitally manage and share authorised signatories or signers, in real time, with their banks and other counterparts, making the process more efficient, transparent, and secure. This collaborative signatory management platform significantly reduces the risk of fraud, transforms operations and customer journeys, facilitates business continuity, and strengthens governance.
Cygnetise enables their customers 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 enables the creation and distribution of authorised signatory lists entirely in a highly secure, tamperproof decentralised database with an immutable audit trail for enhanced regulatory compliance and reporting.