700 financial institutions use Dictao products to file Regulatory Reports to the central French bank
In order to attain a stricter control of the French banking system, the Banque de France (the French central bank) established a reporting system requiring that all financial establishments regularly divulge their financial statements.
In order to securely file these reports, the Central French Bank requires that they be digitally signed.
Since 2007, around 700 financial establishments sign their COREP prudential reports (COmmon REPorting), financial reports (FINREP reports), SURFI and money-laundering reports with Dictao AdSigner.
The French Central Bank then uses Dictao’s trust platform to verify these signatures, create proof and securely archive the data.