Silanis and IOCS
Founded in 2009, IOCS is the world´s first multi-tenant e-commerce platform for the processing of complex agreements - higher risk, higher value transactions which have traditionally necessitated some form of paper contract, such as credit, leasing and insurance.
In the past, companies looking to transition to paperless processing had to build or buy many different solutions or services, from online application to eID, anti-fraud, document generation, e-signatures and storage, and then integrate the components into their core systems. The end-result often proved to be expensive, slow to implement, inflexible, and of questionable legal enforceability.
IOCS, on the other hand, provides clients with a modular, cloud-based SaaS platform that incorporates all of the components needed to facilitate the automated, inter-party execution of enforceable complex agreements.
Silanis e-Sign Enterprise is responsible for orchestrating the transaction process in compliance with all business, legal and regulatory requirements during the document presentation, review and signing stages of the process. Silanis’ platform also records the web process from start to finish to provide even stronger legal evidence than is possible using pen and paper.
“As a UK-based solution provider, we made it a top priority to deliver our clients a secure and compliant, e-contracting service that meets the strict Consumer Credit Act (CCA) regulations in the UK. We chose e-Sign Enterprise from Silanis after an analysis of 25 leading solutions, because of its unique ability to meet complex business requirements, the strength of the legal evidence captured by the solution, and its proven track-record at top-tier financial services and insurance organizations,” said Abe Smith, CEO of iOCS.
- Major consumer finance companies
- Large European home improvement retailer
- Leading European energy supplier