Wave Systems Corp. has licensed its eSign Transaction Management Suite (eTMS) to SigniaDoc for integration into SigniaDoc's SigNet eDoc Management Solutions. Wave's electronic signature and vault solutions can now be used to automate SigNet eDoc Management Solutions by eliminating the need for ink signatures, as well as the expense of paper document processing and transportation of mail, overnight delivery, faxes and other types of delivery services utilized today, the companies note.
The agreement allows SigniaDoc to incorporate Wave's eTMS into its eServices Solutions to manage digital and electronic signature processes, such as creating, signing, storing, accessing and managing the life cycle of legally binding electronic documents. Wave's eTMS is an integrated suite of applications designed to provide functionality that can help meet many legal requirements for transactions (signing and record retention) governed by ESIGN, UETA, Revised Article 9 of the UCC, SPeRS and GPEA.
The combined Wave and SigniDocs solution is offered as a suite of eMortgage services, from eDisclosures, eProcess and eClosing to investor eDelivery.