One wishes or demand many business managers or system operators have, is the problem knowing exactly when an event in a business process occurred. There are many requirements to be able to see what has happened in a business system in connection with an audit of the business. There may be agencies requirements, auditors, requirements etc. This is especially important in connection with financial transactions, electronic commerce, in hospital or in connection with administrative decisions or contractual agreements.
What you want is an opportunity to be able to verify with certainty that something happened and when it happened. It can for instance be a requirement that a transaction must be completed at a certain time to bring it valid in law. In the case of securities transactions or financial transactions, this is very important.
Expisoft have been able to help several customers with these opportunities. By having a signed timestamp of activities we can verify the events and make them legally robust. With a timestamp recorded the exact time of a particular digital information existes. Time stamp is a function of Secure Office where all incoming requests and generated timestamp is logged.
As a result, it has been possible to make events unequivocal and legally robust. It has in several cases been decisive in the context of legal processes where the damages were awarded to the suffering party.
TIME STAMP
One wishes or demand many business managers or system operators have, is the problem knowing exactly when an event in a business process occurred. There are many requirements to be able to see what has happened in a business system in connection with an audit of the business. There may be agencies requirements, auditors, requirements etc. This is especially important in connection with financial transactions, electronic commerce, in hospital or in connection with administrative decisions or contractual agreements.
What you want is an opportunity to be able to verify with certainty that something happened and when it happened. It can for instance be a requirement that a transaction must be completed at a certain time to bring it valid in law. In the case of securities transactions or financial transactions, this is very important.
Expisoft have been able to help several customers with these opportunities. By having a signed timestamp of activities we can verify the events and make them legally robust. With a timestamp recorded the exact time of a particular digital information existes. Time stamp is a function of Secure Office where all incoming requests and generated timestamp is logged.
As a result, it has been possible to make events unequivocal and legally robust. It has in several cases been decisive in the context of legal processes where the damages were awarded to the suffering party.