eSignLive Targets 3,000,000,000 E-Signature Transactions Annually On the Cloud

April 25, 2012
Montreal, QC, April 26, 2012 - Silanis, the leader in enterprise electronic signature solutions with the largest e-signature deployments, announces a breakthrough in the ability to help companies handle their growing volume of electronic business transactions. Current load-testing simulations with Silanis e-signature technology running in an AIX environment demonstrate the ability to handle in excess of 3,000,000,000 annual electronically signed transactions. This expanded volume of transactions has significant implications for companies in that they can now scale to higher volumes as necessary throughout the year without hiring temporary staff or procuring additional hardware. This is especially relevant for handling:
  • Seasonal peaks at retail
  • Spikes in insurance claims processing resulting from natural disasters
  • Student lending applications during the busy summer period 
Silanis will be demonstrating their e-signature technology at IBM Impact 2012  in Las Vegas at pedestal T-5 from April 29 to May 4, 2012.

“Silanis helps organizations automate their customer-facing transactions with secure, compliant and enforceable electronic signatures, and is currently responsible for processing over 600 million documents annually for the largest banks, insurers and government organizations – more than any other e-signature vendor worldwide,” said Tommy Petrogiannis, Silanis CEO and co-founder. “We plan to leverage the cloud to enable massive auto scalability of e-signatures, so as to process billions of e-signed documents per year.”

The Silanis e-signature platform offers customers flexible deployment options suited to their particular needs. Organizations considering a cloud deployment will benefit from a highly scalable standardized environment where enterprise e-signatures can be rapidly deployed as a shared service across any size enterprise.

“Essentially we are taking best practices with respect to deploying our software solutions, translating them into knowledge containers, and implementing these configurations as patterns for cloud implementations. This enables our solutions to be rapidly deployed and scaled across the enterprise, while keeping IT focused on the business issues,” said Petrogiannis.

About Silanis Silanis is the most widely used e-signature solution in the world, responsible for processing over 600 million documents annually. Since the company was founded in 1992, our solutions have strengthened the business processes of thousands of organizations, including four of the top North American banks, eight of the top 15 insurance companies and the entire US Army, among others. Companies and government organizations around the globe depend on Silanis to accelerate business transactions, improve customer experience and reduce costs while improving compliance with legal and regulatory requirements. Silanis’ on-premise, cloud and SaaS e-signature solutions eliminate manual, paper-based processing and enable e-commerce and e-government transactions to be electronically executed from start to finish.