Signatories

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Signatories manages authorized signatories for entities, tracking their signing authorities, limits, document type permissions, and delegation chains. This use case addresses managing multiple signatories with different authorities, tracking signatory appointments and revocations over time, verifying signatory authority for fraud prevention, linking signatories to transactions and documents, ensuring compliance with signatory authorization requirements, and maintaining effective internal controls through complete audit trails.

The Challenge

Organizations face challenges in signatory management:

• Multiple signatories — Entities may have multiple authorized signatories with different authorities
• Authority limits — Different signatories may have different signing limits and authorities
• Document types — Signatories may be authorized for different types of documents (contracts, financial, legal)
• Temporal changes — Signatory authorities change over time through appointments and revocations
• Delegation — Understanding delegation chains and temporary authorizations
• Compliance requirements — Different jurisdictions have different requirements for signatory authorization
• Fraud prevention — Verifying signatory authority and detecting unauthorized signatures
• Relationship tracking — Understanding relationships between signatories, entities, and transactions

Why EKG is Required

Enterprise Knowledge Graphs provide powerful signatory management capabilities:

• Authority modeling — Model signatory authorities, limits, and document type permissions
• Relationship tracking — Connect signatories to entities, roles, and authorization documents
• Temporal tracking — Track signatory appointments, changes, and revocations over time
• Delegation chains — Model delegation chains and temporary authorizations
• Transaction linking — Link signatories to transactions and documents they've signed
• Compliance integration — Connect signatory information to compliance requirements and controls
• Fraud detection — Identify unauthorized signatures and verify signatory authority
• Multi-entity view — Understand signatory authorities across entity networks

Business Value

• Risk mitigation — Prevent fraud through accurate signatory authority management
• Regulatory compliance — Meet requirements for signatory authorization and documentation
• Operational efficiency — Automate signatory verification and authorization processes
• Transaction security — Ensure only authorized signatories can execute transactions
• Audit support — Provide complete audit trail of signatory authorizations and transactions
• Control effectiveness — Maintain effective internal controls through signatory management