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eLynx's new online program lets uSign.


eLynx, a portfolio company of American Capital Strategies Ltd. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: ACAS ACAS Cardiology A clinical trial–Asymptomatic Carotid Atherosclerosis Study which evaluated the 5-yr risk of fatal and non-fatal stroke-primary outcome in Pts with asymptomatic but severe carotid atherosclerosis. See Carotid stenosis. ), and provider of the largest secure electronic document communications network The transmission channels interconnecting all client and server stations as well as all supporting hardware and software.  for the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 industry, announced the newest release of its uSign(TM) 4.0 electronic signature technology.

uSign helps the nation's largest lenders, insurance carriers, other financial institutions, and customers securely review and approve sensitive documents via the Internet. Its electronic signature technology eliminates reliance on paper, while reducing costs by as much as 75%. eLynx clients already use uSign in innovative ways--for the signing of documents, by capturing information into forms and cross-selling products. Version 4.0 builds upon uSign's current success with a heightened focus on user experience.

These usability enhancements along with enhanced security help to streamline information, bring more "top level" tools and help educate users to promote more conversions.

Ease-of-use is dramatically improved, resulting in a significantly increased user completion rate. "Not very long ago," explained eLynx CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Phil Huff huff - To compress data using a Huffman code. Various programs that use such methods have been called "HUFF" or some variant thereof.

Opposite: puff. Compare crunch, compress.
, "a completion rate of more than 30 percent for electronic document signings was considered a great success. Now eLynx clients are enjoying completion rates as high as 60 percent. With an even greater emphasis on user experience, we're expecting those rates to rise even higher. What we've learned about real-world eSignature implementations will serve the industry well in our eMortgage implementations."

Beyond enhanced usability, uSign 4.0 boasts new capabilities for consumer end-users to review and adjust any errors in a signed document before submission and also addresses some of the obstacles to wider acceptance of electronic signature technology.

As simple as it sounds, many users were unaware that signed copies can easily be printed and retained for their own records and were therefore hesitant to electronically sign documents. The enhanced uSign 4.0 now clearly highlights the ability to print documents.

The company will also soon release a web-services interface for modern loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 and policy administration systems, while at the same time continuing its legacy support for print-stream based integration.
COPYRIGHT 2007 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:TECHNOLOGY
Publication:Real Estate Weekly
Date:Jan 31, 2007
Words:329
Previous Article:On the web.
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