Gaurav Sharma (guest)

Gaurav Sharma has been working as an independent financial and business consultant and strategist for the past three years. He works with fintech startups, wealth management firms, international banks, consulting companies and multi strategy investment funds. Gaurav assists his clients with financial strategy and investment analysis, drawing on his experience of managing a diverse array of Fortune Global 500 clients from across the globe. He also loves to write about innovations and cyber-security in financial technology and banking. Gaurav has six years of international banking experience (Standard Chartered Bank and Citi). He has covered the entire gamut of banking products with experience in corporate finance, trade finance, derivatives, risk management and so on. Gaurav is a Certified Financial Risk Manager and a CFA Level III candidate. He holds an Engineering Degree in Computer Science and an MBA from the Indian Institute of Management in Kozhikode.

eIDAS  - Remote Electronic Signatures for Banks - Harnessing the Savings Potential (part 2) 

In Part 1 of this series, we looked at how remote electronic signing can help banks with faster onboarding, reduction in operational and legal risks and enhancing operational efficiencies in relation to corporate banking clients. The direct savings from that alone can run into the millions and if we account for the opportunity costs of not having remote electronic signing solutions, that cost can be much higher.

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eIDAS - Remote Electronic Signatures for Banks - Harnessing the Savings Potential (part 1)

User experience is always front and centre when it comes to attracting retail consumers. But what about corporate and institutional banking? Surely large corporations with dedicated finance departments have things other than just user experience on their minds. Are remote signing solutions worth it for them?

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eIDAS  - Electronic Signing for Professional Service Providers (Notaries, accountants, insurance agents, consultants)

If SMEs are the backbone of an economy, professional service providers are the ones who grease the cogs of that machinery. Notaries, accountants, insurance agents, consultants etc. provide value added services that are indispensable to the operations of a business in the 21st century. We touched upon how eIDAS can be leveraged for professional service providers in a previous article here.

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Taking Stock – How is eIDAS stacking up for SMEs? (Part 2)

In Part 1 of our article, we briefly summarised the challenges faced in the uptake of eIDAS services for SMEs. A recent study conducted for the European Commission found that awareness and lack of resources were the main barriers. Efforts to highlight the benefits of eIDAS services through real-life case studies was also found to be lacking. In order to address these barriers to adoption, certain recommendations were made which are summarised below.

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Taking Stock – How is eIDAS stacking up for SMEs? (Part 1)

SMEs continue to be a key focus area for the European agencies to fuel growth and enhance economic freedom for its citizens. Various policy tools and initiatives have been designed with an aim to level the playing field and make it easier for SMEs to compete with the big conglomerates using their limited resources. These tools may be termed as force multipliers and they are made possible through a combination of policy decisions and technological advancements.

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eIDAS and the eSignature Standards Driving Digitization in the EU

The world is slowly but surely moving away from its centuries-old obsession with paper. With the very real threat of man-made climate change, it is a welcome sign that the world is moving towards electronic means for recording and communicating information which is reducing the pressure on our forests. In addition to the trees saved, this also reduces the carbon impact of having to physically ship those documents around – usually via the least carbon-efficient modes like airplanes.

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eIDAS: Qualified Electronic Seals for the Internet of Everything

When it comes to digital certificates and signatures, the most obvious applications that pop into our heads are surrounding financial transactions or other such services where formal and legally binding contracts have to be signed. However, the benefits that qualified electronic signatures/ seals provide under EU law are not at all restricted to only such digital service providers. Today, we explore a significantly different environment, but one that faces the same challenges regarding security and trust.

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eIDAS: Qualified Electronic Signatures – Just what the Bankers ordered

The broader financial services industry – including banks, credit card companies, FinTech service providers, tech companies offering digital wallets etc – are today at the frontlines in the fight against cybercrime. Because these companies are involved in moving large sums of money around each day, they become obvious targets for criminal elements.

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eIDAS – Proving a Competitive Advantage to Banks (Part 2 of 2)


In Part 1 of this series, we looked at how the competitive landscape for the financial services industry is shaping out in 2019. Digital challengers are encroaching upon business services that banks traditionally had a monopoly in. However, by making the most of the tools that regulators and governments are providing them, banks can turn threats into opportunities.

We look at how banks can take their prospecting efforts to the next level, benefit from the omni-channel revolution and really leverage their local security standards to make themselves more appealing internationally. We continue that conversation here in Part 2.

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