Silanis has deployed its e-SignLive e-signature solution on the IBM cloud, enabling the Montreal-based vendor to give Canadian clients in highly regulated industries such as insurance in-country access to data from IBM’s cloud center in Toronto. The offering provides organizations with the same compliance, security and data hosting standards previously available only through on-premise hosting, the vendor asserts.
“In businesses where e-signatures matter we are seeing rapid adoption worldwide, so it only makes sense for Silanis to offer in-country data residency everywhere we do business to better service our growing markets,” comments Tommy Petrogiannis, CEO, Silanis Technology. “Complementing our existing deployments in the U.S. and in the U.K., we are proud to add Canada to the list to address the needs of businesses in regulated industries. Additional geographically distributed data centers will be coming online in 2015.”
The Silanis e-signature service now allows Canadian businesses, particularly those in highly-regulated industries – including financial services, government, real estate, insurance, healthcare and pharmaceutical – to sign and store documents securely in Canada, a vendor statement notes. Concerns over data sovereignty have traditionally acted as barriers to cloud adoption, which has negatively impacted the ability for cloud organizations to close business faster, the Silanis statement asserts.
(Related: Silanis Launches e-SignLive for SharePoint)
Silanis claims to be the only e-signature provider that has completed the Service Organization Control (SOC) 2 attestation, a certification that focuses on security of the system and ensures controls are in place over a period of time. SOC 2 outweighs other security reporting measures including SSAE 16/SOC 1 and ISO 27001 in that it is the only certification that reports on the technology and operational controls that are relevant to the security of a system or service, according to the vendor. “Achieving this level of security provides e-SignLive users with the assurance that stringent controls are always in place,” a Silanis source says.
The vendor reports that according to research and the E-Signature Dashboard report from the Centre for Study of Insurance Operations (CSIO), Silanis is the only leading e-signature provider to offer data hosting in both Canada and the U.S., which the vendor characterizes as a bonus for companies that do business on both sides of the border.