Commencement of digital account launch: Paving the way for complete digitalisation
In a groundbreaking move, IG, the renowned online trading company, partnered with WebID Solutions in 2016 to digitize their online account opening process. This strategic decision has significantly improved the process, making it more efficient, secure, and accessible for clients worldwide.
On December 2, 2016, IG fully digitized their account opening process. Now, web users receive the digital copy of the contract via email immediately upon completion. The account opening process is done by electronically filling out and signing a form on any device, including PC, smartphone, or tablet.
This digitization is crucial for online trading and all services involving the purchase and sale of financial instruments via the internet. With this new system, clients can connect to the portal and start trading immediately. Greater ease of execution is achieved with the ability to operate on the move, from any location and at any time.
The digitized process offers numerous benefits. It ensures secure, simple, and fast online services. There's a strong reduction in disputes, thanks to the legal value of digital documents. Digital documents are enforceable against third parties, providing peace of mind for all parties involved.
Moreover, the digitized process leads to significant benefits in terms of time and execution methods. The complete digitization of the process significantly improves the process in terms of time and execution methods. It offers greater efficiency in managing archives and immediate document sharing. The norm-compliant storage of signed documents (mandatory and guaranteed for ten years, as required by current regulations) is implemented.
The digital signing of contracts is a strategic element for competing in the market. With the digital signing solution, there's a notable improvement in the final customer service. IG has forecasted a performance increase of between 10% and 25% thanks to the solution proposed.
Through this partnership, clients can now open an account in minutes for trading. The partnership with IG in 2016 to achieve the complete digitalization of the online account opening process was established by the company WebID Solutions.
With this digitization, IG continues to lead the way in the online trading industry, offering a seamless and efficient experience for its clients. The future of online trading is digital, and IG is at the forefront of this revolution.
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