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WHO IS SCRIVE?

Scrive is a leading provider of electronic signature solutions, serving industries like finance, telecom, healthcare, automotive, banking and insurance across Europe. Their mission is to drive innovation, enhance customer experiences, and maintain compliance with stringent regulations like eIDAS, enabling their clients to securely sign documents online.

PROBLEM

Scrive needed to maintain agility in new product development while scaling rapidly and complying with complex European regulations like eIDAS

SOLUTION

Cryptomathic provided a secure, scalable infrastructure that enabled Scrive to quickly launch new products without being weighed down by compliance burdens.

THE CUSTOMER VIEW

“It was a huge compliance challenge to manage our own QSCD. We didn’t want to build that part of the organization ourselves, so partnering with Cryptomathic was a way to support our growth and innovation by offloading a major piece of the solution.”

THE IMPORTANCE OF AGILITY IN NEW PRODUCT DEVELOPMENT

In today’s fast-paced digital world, businesses must continuously innovate and adapt to maintain a competitive edge. New product development is central to this transformation, enabling organizations to respond to market changes, emerging customer needs, and technological advancements. Companies that can rapidly develop and release new products are positioned to gain significant market share. However, this requires a robust infrastructure, streamlined processes, and secure digital operations to ensure that compliance and security are not compromised.

WHY CRYPTOMATHIC?

Cryptomathic was selected for its expertise in cryptographic solutions and its ability to offer a comprehensive, packaged service that addresses both technical and compliance needs. Cryptomathic delivered a managed signer service hosted by a Qualified Trust Service Provider, allowing Scrive to offer QES to their clients. This solution included an API that integrated seamlessly with Scrive’s platform, reducing their compliance overhead and enabling a subscription-based model.

The relationship between Scrive and Cryptomathic was built on:

ENABLING AGILITY: Cryptomathic’s modular, secure-by-design solutions provided Scrive with a robust foundation, enabling it to quickly roll out new products and features. This agility, supported by Cryptomathic’s infrastructure, allowed Scrive to reduce development time.

COST REDUCTION THROUGH COMPLIANCE: By offloading compliance responsibilities to Cryptomathic, Scrive reduced operational overheads and avoided the need to build its own compliance infrastructure.

“Cryptomathic could offer us a packaged, service-based solution, which reduced our compliance scope and brought a serious cost reduction... That’s what we can ultimately pass on to our customers as well.”

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SCRIVE’S PRIORITIES: AGILITY WITHOUT INFRASTRUCTURE OVERHEAD

Scrive is a leading SaaS company providing electronic signature solutions to businesses across Europe. Founded in 2010, Scrive has quickly become a trusted provider in the e-signature market, serving customers in industries such as finance, telecom, healthcare, and retail.

Their platform offers seamless, legally binding electronic signature processes that improve efficiency and enhance the customer experience. As Scrive’s customer base and product offerings expand, the company has focused on maintaining its competitive edge through secure digital transformation. Scrive’s business priorities include driving innovation in digital solutions, scaling efficiently to meet growing demand, and ensuring compliance with stringent regulations such as eIDAS, Qualified Trust Service Providers (QTSP) and Qualified Electronic Signatures (QES). As a digital-first organization, their mission is to streamline business processes for their clients through cutting-edge technology, while ensuring the highest standards of security and compliance.

SCRIVE FACED THE FOLLOWING KEY CHALLENGES:

1. COMPLIANCE COMPLEXITY: Ensuring compliance with stringent European regulations, to offer Qualified Trust Services, and Qualified Electronic Signatures (QES) under eIDAS.

2.SCALABILITY AND INNOVATION: The need for a technology partner that could handle rapid scaling while reducing time-to-market for new product launches.

3. CLOUD SECURITY: Ensuring robust data protection, fraud prevention, and secure supply chain management.

THIS IS WHERE CRYPTOMATHIC PLAYED A KEY ROLE.

FASTER INNOVATION

Scrive’s product development teams could bring new offerings to market more quickly, thanks to Cryptomathic’s scalable and secure infrastructure. The reduction in development time significantly improved Scrive’s ability to meet customer demands

ENHANCED SECURITY & COMPLIANCE

Scrive met eIDAS requirements faster, offering secure and compliant QES to clients.

OPERATIONAL EFFICIENCY

By leveraging Cryptomathic’s packaged services, Scrive reduced the complexity of managing compliance and security in-house. This freed up resources to focus on innovation and business growth.

CONCLUSION

Cryptomathic’s comprehensive cryptographic and compliance solutions have been pivotal in Scrive’s digital transformation, particularly in achieving eIDAS compliance. By offloading compliance complexities, providing a secure cloud foundation, and supporting faster product innovation, Cryptomathic has enabled Scrive to scale efficiently while maintaining the highest standards of trust and security. Together, Cryptomathic and Scrive are setting a new standard for secure, compliant digital services across the European market, offering advanced Qualified Electronic Signatures and empowering agile product development offering advanced Qualified Electronic Signatures and empowering agile product development.

SCRIVE’S NEW PRODUCT DEVELOPMENT POWERED BY CRYPTOMATHIC

DOWNLOAD CASE STUDY →

WHO IS SCRIVE?

THE IMPORTANCE OF AGILITY IN NEW PRODUCT DEVELOPMENT

WHY CRYPTOMATHIC?

SCRIVE’S PRIORITIES: AGILITY WITHOUT INFRASTRUCTURE OVERHEAD

RESULTS

CONCLUSION