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We apply electronic signature and public key cryptography to design, secure and automate complex processes that span organisational borders and involve personal information, trust, identity and money. As a result move closer to GDPR compliance. In fact, manage all your GDPR responsibilities using MyDocSafe GDPR Dashboard.
About
Accountants, lawyers and professional services firms use MyDocSafe to secure and orchestrate complex processes that involve personal data and cross corporate borders. Use cases also include: Mifid II compliance: Company A fills complex forms and submits them to a set of financial institutions for approval. The application process takes several iterations, involves multiple teams and includes e-forms, encrypted chat, e-signature, secure data transmission and secure cloud storage. Procurement: Manage supplier sign up and contract management processe Client onboarding: Slick sign-up processes that are triggered by a single click and involve form filling, contract signing, ID verification and payment setup GDPR compliance: Stakeholder portals for consent management, exercise of access rights and secure data transmission. The Problem We Are Solving It is hard to combine existing cloud document services such as online forms, e-signature, cloud storage, AML/KYC checks, and payments into end-to-end workflows that are compliant with data protection laws and meet data residency and security requirements. They also fail to meet consumer needs for data transparency, ownership and automation. Our Value Proposition Complexity/cost ↓: We bring multiple services under one secure umbrella and empower companies to design and deploy their own workflows at a fraction of the cost. We offer customer onboarding solutions (‘form filling’, ‘document upload’, ‘e-signing’, ‘payment collection’) and customer interaction solutions (‘secure sharing’, ‘registered delivery of documents’, ‘customer portals’). Security and Compliance↑: Companies can choose the jurisdiction where they want to store data and can control or escrow encryption keys to that data. User experience ↑ : Our secure document management portals are user-centric; companies control the branding experience but their customers control their data. Market Trends Recently enacted eIDEAS regulation created an EU-wide market for electronic ‘trust services’ (such as registered delivery, timestamping, electronic signature GDPR rules come into force in 2018 making data handling a top board priority in Europe EU AML Directive comes into force in mid-2017 Market pressures and MyDocSafe USPs: Technology Layers (all built in-house) Infrastructure: a document management system with public key infrastructure Services: secure forms, electronic signature, secure sharing Workflows: orchestration engine for designing and deploying workflows Third party interfaces to: GoCardless, Dropbox, iProov, Xero, SaveLive, BTCSoftware, smart contracts on Ethereum and other apps in the pipeline (Outlook, Gmail)
Key Benefits
Quick to deploy Great improvement in efficient and environmental protection Better client experience Lower cyber security risk Improved compliance End-to-end platform
Applications
Client onboarding Employee onboarding Two-sided marketplaces - compliance applications (MiFID2) Two-sided marketplaces - NED vetting and appointments Deal rooms Client portals for ongoing secure engagement and communications