The Clap
Misr for Central Clearing, Depository and Registry (MCDR) is showing support for the electronic signature concept as a priority to the company at the present time.
Claps Class
An electronic signature is maintained through the use of encryption mechanisms, in order to provide a secure means for identification & it’s equivalent to a handwriting signature at the legal level.
The deets
MCDR’s managing director, Hisham Mabrouk explained that incorporating this mechanism will be through the specialized department that handles the marketing and communication process with new customers.
Why this matters
Electronic signature has a wide effect in the financial industry in terms of reducing costs and maintaining customer satisfaction.
