MONTREAL, CANADA: Silanis Technology, a provider of electronic signature process management, announced at the IBM Information On Demand Conference that its ApproveIt Web Server is now available on the Amazon EC2 service.

This new cloud-based delivery option enables organizations in financial services, insurance, government and other industries to deploy the enterprise-class, electronic signature process management capabilities of the ApproveIt Web Server as rapidly as competitive SaaS-based offerings, while benefiting from the most cost-effective computing infrastructure available today.

Using a public or private cloud, ApproveIt Web Server can be easily deployed to enable electronic execution of legally-enforceable and compliant documents required for contracts, loans, insurance, account openings, government services and other business transactions.

Tommy Petrogiannis, president and CEO, Silanis Technology, said: "The compelling economics of the ApproveIt Web Server on the cloud give unprecedented access to a fully customizable, electronic signature solution. This enables organizations to gain a competitive advantage by offering differentiated electronic transactions for their customers over the Web, through a call center or in person."

The Silanis cloud deployment is offered with IBM's WebSphere and DB2 software to provide a complete solution on the Amazon EC2 service. A fully functional solution can be enabled for use on the cloud in the same time needed to setup and configure a competitive SaaS-based offering. Unlike competitive SaaS offerings, however, flexibility and customizability are not compromised in order to deliver a lowest common-denominator solution to all customers. The cloud-deployed ApproveIt Web Server allows each organization to have its unique instance of software that implements their specific business, legal, compliance and IT requirements.

Silanis offers both a licensed and a services model for the software to allow customers the flexibility to start on the cloud and migrate the exact same implementation to an on-premise infrastructure if needed at a later date. Alternatively, a services model provides flexibility in buying only as much capability as you will use.

"Organizations can choose the optimum deployment model for their needs today with complete confidence that they can then adapt the model in the future using the identical production implementation by simply choosing from a public cloud, a private cloud or on-premise," said Petrogiannis.