CertiSur has implemented proprietary and partner solutions in several clients. Below are some of the most outstanding success cases of the region.
SantanderRio, an internationally recognized bank for updating and innovating in Internet services, had decided to improve its levels of security in its corporate and SME banking.
The main objectives proposed by Banco Santander Rio were:
Banco Santander Río has become a Certifying Authority under the root of CertiSur / VeriSign, which has enabled it to deliver the digital certificates to the representatives and signatories of its Corporate Banking and SME Companies clients. Thus, the Bank’s clients authenticate with these certificates on the Home Banking site and at the same time sign electronic documents.
The most critical operations are now carried out directly on the website and completely on-line.
This way of operating provides maximum levels of security for both the Bank and its customers and has also facilitated the way for paper operations to be carried out in a more convenient, economical and safer way.
ASOBAN operates the only electronic Clearing House for checks for more than ten years by delegation of the Central Bank of Bolivia.
In 2003, ASOBAN conceived a totally electronic system so that the interbank Clearing operations could be carried out entirely on-line and for this to be possible it required that the operators of all the banking entities have an authentication service and a digital signature.
ASOBAN incorporated the VeriSign Managed PKI service in 2004, through which it issues and manages the digital certificates that Clearing system operators use to authenticate and digitally sign the electronic documentation that transits in said system.
In the same way, ASOBAN operates the ACH (Automatic Clearing House).
Bolsas de Comercio y Cereales de Argentina
They have developed the Confirma system through which they register cereal purchase and sale contracts and have a complete system of electronic documents and Digital Signature.
This service is used by the main exchanges in the country (Rosario Stock Exchange, Buenos Aires Cereal Stock Exchange, Santa Fe Stock Exchange, Cordoba Cereal Stock Exchange, Bahia Blanca Cereal Stock Exchange, Entre Rios Cereal Stock Exchange ) and transact more than 90% of the grain trade of Argentina.
The Grain Exchange and the Rosario Stock Exchange proposed in the year 2000 to change their traditional role of Registration Authorities of paper purchase and sale contracts by an electronic model that would totally replace the exchange of those contracts.
The new model also included the Registration Book that the Stock Exchanges are obliged to have in order to give faith to commercial transactions.
The challenge posed was the migration of the traditional paper model to an electronic model keeping equal conditions of legal protection for all participants.
They conceived a Web site specially dedicated for the transactions of the contracts of purchase-sale of cereals of exclusive use for the operators : buyers, sellers and brokers.
Each of the exchanges was constituted by Electronic Signature Certifying Authorities through the VeriSign Managed PKI service under the VeriSign Trust Network of CertiSur. This has allowed to issue digital certificates to the people representing each of the intervening parties in order to provide the Web system with contractual and legal conditions similar to those used in the traditional paper system.