About Cygnetise Limited
Cygnetise is a multi-award-winning company applying blockchain technology to revolutionise the process of Authorised Signatory Management (ASM). Founded in 2016, it was one of the first enterprise blockchain platforms to demonstrate the successful real-world application of blockchain to industry problems, and a rare surviving and thriving example.
Product · Cygnetise
The Cygnetise blockchain-powered SaaS solution simplifies and solves the pain of ASM by enabling operations and finance departments to digitally manage and share authorised signatories and delegated authorities, 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. Since launching as the first blockchain company of its kind, the company has continued to expand its global reach and is now live in over forty countries for multiple clients including PWC, Societe Generale, Willis Towers Watson, JTC, Raymond James, ADNOC, Evelyn and SEI.
More details
Do you have any specific cooperation agreement with other IT vendors for pitching?
Tamper-proof audit trail due to the blockchain. Mass distribution of authorised signer lists to multiple counterparties simultaneously.
Real-time view of signer lists / mandates depending on how your counterpart wants to receive the information.
Cygnetise’s cloud-based SaaS model enables continuous functionality releases and upgrades. The proprietary technology and use of blockchain can be classified as ‘Proof of Existence’, allowing customers to share real-time updates on a P2P (peer-to-peer) basis. The easily adopted, low-maintenance SaaS software enables the creation and distribution of authorised signatory lists entirely in a highly secure, tamperproof decentralised database.
