7 reasons why trust service providers should leverage qualified remote signing

Posted by Mike Hathaway on Nov 6, 2024 11:30:00 AM

Trust service providers (TSPs) must offer secure, scalable and compliant solutions to meet the rising demand for remote digital transactions. Qualified Remote Signing (QRS) has become a crucial tool in ensuring the integrity of digital signatures, especially for organisations bound by strict regulatory frameworks like eIDAS.

Ascertia’s SigningHub platform empowers TSPs to not only deliver high-assurance remote signing solutions but also unlock significant business opportunities. This blog examines why TSPs should leverage QRS through SigningHub.

Qualified remote signing

Unlock new revenue streams with Ascertia’s SigningHub platform

Beyond compliance, Ascertia’s SigningHub platform allows TSPs to monetise digital signing services with ease. With SigningHub, TSPs can licence the platform as a branded hosted service within their region, offering seamless document signing and sealing solutions, including Qualified Electronic Signatures (QES), Advanced Electronic Signatures (AES) and eSeals.

By integrating payment gateways like Stripe, TSPs can boost their eCommerce capabilities, providing a smooth, scalable and profitable service. Additionally, trust service providers can showcase value-added services such as qualified certificates, timestamping and secure document archiving, further enriching their service portfolio.

Global regulatory compliance

Qualified Remote Signing is essential for TSPS aiming to stay compliant with regulations like eIDAS, which requires the highest standards for security and identity verification.

The creation of a QES is bound by strict criteria that demand secure, verified processes for identity authentication and key management.

SigningHub ensures that every QRS process meets these standards, allowing TSPs to provide legally binding signatures in line with regulatory requirements, both within the EU and globally.

In addition, Ascertia’s platform helps TSPs stay future proof, keeping them compliant with upcoming regulations such as eIDAS 2 and evolving frameworks like the EU Wallet initiative.

Strong security and user authentication

At the core of QRS is the need for enhanced security—ensuring private keys used for signing are generated, stored and managed securely.

Our SigningHub platform integrates with Hardware Security Modules (HSMs), ensuring TSPs can provide top-tier security for remote signing. Multi-factor authentication (MFA) is a key feature, verifying user identities and offering strong protection from identity fraud.

By handling key management and document signing in a cloud on on-premise environment, trust service providers ensure their clients experience high security without the complexity of local hardware management.

Scalability, cost-efficiency and quick market entry

Scaling digital services is a challenge many trust service providers face. With SigningHub, providers can manage an increasing volume of remote signatures while keeping costs under control.

Offering a cloud-hosted service eliminates the need for expensive, on-premise infrastructure, while quick market entry is possible with Ascertia’s low-cost, innovative revenue share model.

Whether TSPs are working with enterprises or government organisations, SigningHub offers flexible deployment options. Trust service providers can provide the platform as an on-premise solution for clients with stricter data residency requirements or as a cloud-hosted service for faster, more scalable implementations.

Expanded service portfolio and enhanced document workflows

One of the key advantages of QRS with SigningHub is the ability to expand your service portfolio. By introducing new services like digital attestations, timestamping and archiving, TSPs can attract a broader range of clients, from large enterprises to smaller organisations seeking reliable and compliant trust services.

Additionally, SigningHub enhances workflows by enabling document collaboration and approval processes before remote signatures are applied. TSPs can offer clients a platform where multiple users can review, comment and approve documents, adding value beyond signing alone.

Auditability and transparency

TSPs must provide transparent, auditable trails for every signature action to ensure compliance and build trust with clients. Ascertia’s SigningHub ensures every step—from identity authentication to document sealing—is securely tracked and stored in a verifiable audit trail.

This level of auditability is essential for meeting the high standards required by eIDAS and other global frameworks. It ensures that you can easily resolve any disputes over the validity of a signature.

Future-proof trust services

As the digital signature ecosystem evolves, TSPs need to stay ahead of technological advancements. SigningHub offers TSPs a customisable platform that can adapt to future demands, replacing outdated systems with modern solutions that are easy to integrate.

Beyond technology, Ascertia also provides expert advisory services, offering strategic consulting to help TSPs optimise their digital trust services. From guidance on eIDAS 2 compliance to expanding service offerings, we equip TSPs with the insights they need to thrive.

Elevating Qualified Remote Signing with SigningHub

For trust service providers, Qualified Remote Signing is more than just a requirement; it’s a gateway to new business opportunities.

By leveraging Ascertia’s SigningHub platform, TSPs can offer highly secure, compliant and scalable remote signing solutions while unlocking new revenue streams and enhancing customer loyalty.

With regulatory compliance, advanced security and a future-proof foundation, TSPs can meet the evolving demands of today’s digital ecosystem and position themselves for sustained growth.

Get in touch with our team to discuss Qualified Remote Signing with SigningHub and how it can help transform trust service providers.