Chattanooga Software Company Chosen By Pershing For E-Signature Capabilities

Monday, February 3, 2014

SIGNiX, a provider of secure digital signature services based in Chattanooga, Monday announced that Pershing LLC, a global business solutions provider in the financial services industry, has chosen to embed SIGNiX’s electronic signature features into NetX360®, Pershing’s online platform for investment professionals and RIAs. 

“Pershing plays a key role in the expansion and use of electronic signatures in the financial services industry,” said Jay Jumper, president and CEO of SIGNiX. “With this new integration, advisors can offer clients an improved onboarding experience while maintaining the appropriate level of controls to establish new relationships.”

In addition to boosting mobility and security, SIGNiX’s signatures save time and money for financial advisors, said officials. The technology replaces the process of sending, receiving, fact-checking and filing paper documents. Instead, advisors can prepare documents in minutes with the assurance that every finished document will come back without any missing signatures, said officials. 

"Our legal and compliance teams carefully reviewed the top e-signature vendors, and SIGNiX was the clear winner," said Michael Nesspor, managing director of Pershing. "Security and compliance are two huge concerns for our clients, and SIGNiX put those concerns to rest by offering an easy-to-use service that provided more document protection and evidence than any other product on the market." 

By embedding SIGNiX’s Signature Engine into NetX360, Pershing clients will be able to open accounts entirely online using secure digital signatures. This will help advisors grow their business, better serve clients, reduce expenses, increase efficiency and enhance compliance oversight, said officials. The embedded e-signature product will feature customizable workflows (Client Choice) as well as many key features of SIGNiX’s products, including: tamper evidence, signer identity authentication, Vendor Freedom and a highly detailed, digitally signed audit trail.

“Brokerage documents last generations, not just a couple of years, and Pershing needed an e-signature technology that is based on standards that will stand the test of time,” Mr. Jumper said. “We rise above the competition by offering digital signature technology that will be valid decades into the future.”

This announcement comes in the wake of news that firms clearing through Pershing may submit documents signed using SIGNiX’s technology.

Electrify Africa Bill Passes Senate Foreign Relations Committee

U.S. Senators Bob Corker, Ben Cardin (D-Md.), and Chris Coons (D-Del.), all members of the Senate Foreign Relations Committee, Thursday praised committee passage of the Electrify Africa Act of 2015 (S.2152), which was also cosponsored by Senators Marco Rubio (R-Fla.), Ed Markey (D-Mass.), Jeff Flake (R-Ariz.), Johnny Isakson (R-Ga.), and Lisa Murkowski (R-Alaska). With nearly 600 ... (click for more)

More Than 800 Economic Development Leaders To Attend 62nd Annual Governor's Conference On Economic And Community Development

The 62nd Annual Governor’s Conference on Economic and Community Development will be held Oct. 13-14 at the Renaissance Hotel in downtown Nashville. The conference theme will focus on “Team Tennessee” showcasing how the state’s workforce, education and transportation systems are aligning to support Tennessee’s overall economic development mission. This year’s conference will ... (click for more)

Woman Stabbed To Death On Hooker Road; Man Injured

A young woman was stabbed to death on Hooker Road early Friday morning and a man was injured. At approximately 1:54 a.m., Chattanooga Police responded to a stabbing at the 4000 block of Hooker Road. There police located an unidentified black female, believed to be in her twenties, deceased. A second person, an unidentified black male, was transported to a local hospital ... (click for more)

World Class Guitar Collection To Go On Display At The Choo Choo

A world class guitar collection is set to go on display permanently at the Chattanooga Choo Choo. "Songbirds," which is built around the collection of Lookout Mountain businessman Thorpe McKenzie, was introduced to the public on Thursday night. Invited guests at the Choo Choo heard Nashville guitar star Doyle Dykes perform in the Choo Choo's new Revelry Room. He played some ... (click for more)

Regulations As A Whole On Signal Mountain

A few years ago I was flying over Chattanooga on my way to Atlanta.  The sun had just come up and I enjoyed picking out Signal Mountain’s location, on Walden’s Ridge, in the morning light.  What was amazing was that I could not tell that a town existed under the tree canopy.  I hope that the same can be said 10, 20, or even 50 years from now.  During last ... (click for more)

Roy Exum: We Must Learn To Tell

On July 4th of this year, FBI agents – acting on a tip -- arrested Alexander Ciccolo, a 23-year-old with known mental problems, as he carried a duffel bag full of automatic-attack weapons. Moments before, he had bought the illegal firearms from an undercover informant outside of Boston. As agents later scoured his apartment, they found bomb-making equipment including a pressure ... (click for more)