Cryptomathic and UTIMACO streamline digital baking transformation

Electronic signature specialists, Cryptomathic, and UTIMACO, a global provider of IT security solutions, have combined to accelerate digital transformation in banks, governments and other Trusted Service Providers

The collaboration has unveiled a joint Qualified Electronic Signature (QES) solution, which enables such providers, whose processes must comply with mandates for strong authentication, to extend the functionality of their existing user authorisation solutions to allow customers to sign transactions, documents and data online. 

Guillaume Forget, Managing Director, Cryptomathic GmbH, commented: “Both Cryptomathic and UTIMACO have been fast to market with eIDAS certified products. By offering a joint solution integrated with an eIDAS TSP, we are truly helping banks and other providers accelerate their delivery of online e-signature services with the maximum security. 

“The ease of deployment makes this solution very attractive. Many providers, including banks, have already been required by law to deploy strong authentication systems. Now, these providers can deploy this solution as part of those systems, slotting it into their existing digital experiences and using it flexibly, to enable non-repudiable user authorisation across a rapidly growing number of digitised use-cases.”

Signer’s What You See Is What You Sign (WYSIWYS) functionality also provides strong non-repudiation and addresses long term validation signature profiles for XML and PDF documents, while being able to leverage existing IT infrastructure. 

Stefan Auerbach, CEO, UTIMACO, added: “We are delighted that Cryptomathic and UTIMACO continue to deliver fully approved eIDAS solutions to our clients. Cryptomathic and UTIMACO were founding contributors to the initial eIDAS regulation working groups that were formed to deliver the eIDAS regulation on electronic identification and trust services for electronic transactions. This regulation has now become so successful that a number of countries outside of Europe are also now adopting this as their security standard, enabling businesses, citizens and public authorities to carry out secure and seamless electronic interactions.

“This latest solution offered by Cryptomathic and UTIMACO offers the highest level of certification which is EAL4+ AVA_VAN.5. Together we are affording our joint clients the highest level of assurance and authenticity available for electronic signatures.”