eSignLive to Meet EU Data Residency Requirements with New Data Centres
Leading e-signature provider addresses the need for European organizations to keep data on European soil (LONDON, UK) – 30 March 2016 – eSignLive™, the e-signature choice for business, today announced it will launch instances of its e-signature software in IBM Cloud SoftLayer data centres in the UK and Germany to process digital transactions initiated through its cloud electronic signature solution in Europe. This expansion is in line with an announcement made last year to capitalize on IBM Cloud’s growing network of data centers by launching multiple instances to meet in-country data residency requirements and the growing adoption of e-signatures internationally. With the launch of the new European data centres, as well as concurrent data centre launches in Australia, eSignLive will offer the most cloud locations globally among the leaders in the e-signature market. “Data residency is a strong driver of cloud software buying decisions in Europe. With eSignLive soon to be hosted on IBM’s global data center network, we will be able to address our customers’ requirements for higher data security, control and compliance,” said eSignLive President, Tommy Petrogiannis. “Data residency is particularly important in regulated industries such as banking, insurance, government and healthcare, where visibility into where data resides is necessary for compliance reasons.” E-signatures enable organizations of all sizes across all industries to complete business completely digitally, anytime, anywhere, on any device, while improving the customer experience. Analyst firm Forrester Research identified in a May, 2015 report: “Brief: E-Signature Transactions Topped 210 Million in 2014” that markets such as Europe represent a greenfield due to new legislation that promises to promote e-signature adoption across the region. In particular, the Electronic Identification and Trust Services for Electronic Transactions in the Internal Market (eIDAS) regulation will replace the existing EU Directive as of July 1, 2016, enabling greater mainstream adoption of e-signatures across Europe. This is due to the uniformity of the regulation, allowing solutions using the Advanced E-Signature and Qualified E-Signature like eSignLive to be used across any of the 28 European Union member states. eIDAS also prevents member states from enacting their own interpretation of the regulation, thereby making it easier to do business digitally throughout Europe. In addition, with the recent repeal of the Safe Harbor agreement and its replacement, the EU-U.S. Privacy Shield, some details as to how EU personal data is stored in transactions involving U.S. companies are still being worked out. One of the advantages of using e-signatures within a local data centre is the regional data residency it brings, providing peace of mind that customer and business data will be protected by local laws. It’s important to note that data residency can also be met through either a private cloud instance or an on-premises deployment. eSignLive’s flexible deployment offers all options, including multiple public cloud deployments around the world. eSignLive’s data residency also extends to its integrations with Salesforce, Microsoft Dynamics CRM and SharePoint, providing organizations using these integration with the ability to connect to any global instance of eSignLive. To learn more about e-signatures, eIDAS and eSignLive in Europe from a recent webcast with Lorna Brazell, Partner, Osbourne Clarke, please visit www.esignlive.com/resource-center/eidas-e-signatures-europe-legal-perspective. About eSignLive™ by VASCO® eSignLive ™ is the electronic signature solution behind some of the world’s most trusted brands. Regulated industries and top analyst firms recognize eSignLive’s products and services for their ability to balance the highest levels of security and compliance with ease-of-use while automating any process – from the simplest, internal signing workflow to the most complex, customer-facing transactions. Available in the cloud and on-premises, the eSignLive solution offers a scalable platform to support an organization’s digital transformation strategy across the enterprise – today and tomorrow. eSignLive is the trade name of Silanis Technology Inc., a VASCO group company. VASCO Data Security International Inc., a global leader in authentication, electronic signatures and identity management, enables more than 10,000 customers in 100 countries to secure access, manage identities, verify transactions and protect assets across financial, enterprise, e-commerce, government and healthcare markets. Learn more at www.esignlive.com.
-30-Media contact: Sarah Hanel eSignLive by VASCO 250-216-1762 [email protected]