MyProof use case

Blockchain time stamping for financial contracts

Visit investment banks and other financial institutions process numerous contracts and transactions every day. To guarantee the integrity of these documents, the’blockchain time-stamping of financial contracts is an effective solution.

Certification of the existence of a document at a specific point in time
Proof of non-modification of contracts
Strengthening trust between parties

This system enables financial institutions to comply with transaction traceability standards, while ensuring the authenticity of their contractual agreements.

Sector & stakeholders

Software for investment banks

In the investment banks, The management of financial contracts is a major challenge. You face unique challenges in terms of security, compliance and transaction traceability.

The integrity and authenticity of contractual documents are crucial to preventing disputes and ensuring regulatory compliance. What's more, in today's fast-paced business environment, you need a reliable solution to prove the existence and content of a document at a specific point in time.

Traders

You need to prove the precise time-stamping of buy and sell orders to avoid any disputes over the timing of transactions.

Risk teams

You need to guarantee the integrity of documents relating to risk assessments and decisions taken at critical moments.

Legal teams

You need incontestable proof of the existence and content of financial contracts at a given moment in order to manage potential disputes.

Compliance teams

You need to demonstrate to regulators that procedures and transactions comply with deadlines and rules.

Have a question? Talk to a MyProof expert.

Challenge & solution

Securing financial transactions with blockchain time stamping

Challenge

Challenge for investment banks

In the investment banking sector, you face major challenges concerning the integrity and traceability of financial contracts:

Risk of manipulation of contract signature or execution dates
Difficulty proving the existence of a document at a specific time
Complexity of establishing a reliable chronology of financial events
Vulnerability to disputes over the precedence of agreements

A legal director of a major investment bank recently shared with us his experience of a costly dispute arising from the impossibility of proving the exact date on which a major derivative contract was entered into.

Solution

Solution selected: Time-stamping

To meet these critical challenges, MyProof offers a blockchain time-stamping solution specially designed for financial contracts. This technology offers you:

Indisputable proof of existence: each document is recorded in the blockchain, creating a unique, time-stamped digital footprint.
Instant check : you can prove the existence and integrity of a contract at any time.
Unchanging audit trail: all document-related actions are recorded chronologically and unalterably.
Regulatory compliance : blockchain time-stamping meets the traceability requirements of financial authorities.
API integration : automate the time-stamping of your contracts directly from your existing systems.

This approach considerably enhances the legal security of your financial operations, reducing the risk of litigation and improving confidence in your transactions.

Implementation

Time-stamping for investment banks

MyProof's blockchain time-stamping is a key feature for investment banks, enabling them to certify the existence and integrity of financial contracts at a precise point in time.

This technology creates a unique digital fingerprint of each document, stored immutably in the blockchain. This enables you to prove the anteriority of a contract, detect any unauthorized modifications and reinforce confidence in your financial transactions.

1

Document selection

You choose the financial contract to time-stamp in your MyProof space.

2

Print generation

The system creates a unique digital fingerprint of the document, without uploading it to our servers.

3

Blockchain registration

The fingerprint is registered in the blockchain, creating an unalterable time-stamping certificate.

4

Check

You can check the authenticity and time-stamping of the contract at any time via the MyProof interface.

Benefits

Blockchain time-stamping to ensure the integrity of financial contracts

Blockchain time-stamping provides cryptographic proof of the exact moment when a financial contract was signed or modified, eliminating any risk of later dispute over the chronology of events.

Every stage in the life cycle of a financial contract is immutably recorded, providing a complete and transparent audit trail for regulators and auditors.

By establishing an unalterable history of contract versions and modifications, you minimize the risk of disagreements over terms or commitment dates, thus reducing potential legal costs.

Instant access to a reliable contract history facilitates verification processes during mergers & acquisitions or audits, speeding up transactions and reducing operational costs.

Access the platform

Discover the power of MyProof to secure your critical data. Our intuitive solution will enable you to protect, certify and share your sensitive information with complete confidence.

Use cases

Other MyProof use cases at investment banks

Investment banks manage large volumes of confidential financial information and sensitive transactions. You are a investment funds ? We offer you a secure environment for storing, time-stamping and sharing this critical information, while ensuring regulatory compliance.

Secure storage of sensitive transaction data

Financial institutions constantly deal with confidential information linked to money flows. Our system offers a method for preserving the integrity of sensitive data in the banking sector:

Robust document encryption
Rigorous access controls
Compliance with regulatory standards

This approach enables investment banks secure critical information over the long term. Our platform ensures the protection of transaction details and financial records, while making it easier to manage the risks associated with storing confidential information.

French cloud for archiving due diligence reports

Our French hosting infrastructure enables financial institutions to store their due diligence reports in complete safety. MyProof offers a cloud solution that :

Protects confidential documents
Easy access to information
Meets compliance standards

This digital archiving platform, designed in France, meets the needs of investment banks in document management and preservation of information assets.

Secure drive for storing financial analyses

Visit investment banks The security of their financial documents is of paramount importance. Our platform offers a digital storage solution for your reports and analyses.

Thanks to our secure drive for storing financial analysesyou benefit from :

Enhanced protection for sensitive data
Access control for your team
Centralization of confidential information

This platform enables you to manage your financial documents in a secure environment, safe from unauthorized intrusion.

Blockchain time-stamping for takeover bids

Mergers and acquisitions (M&A) transactions require optimum security for investment banks. The use of blockchain technology for time-stamping documents offers a reliable solution. This process guarantees the authenticity and precise date of files linked to financial transactions.

Our system integrates thisblockchain time-stamping for takeover bidsThis method enables banking institutions to improve the traceability of their processes. By applying this method to purchase proposals, financial institutions create an unalterable history, reinforcing the confidence of the players involved in these strategic transactions.

Secure file sharing for financial transaction negotiations

M&A transactions and capital raisings require a reliable system for exchanging financial documents. Our platform offers an adapted solution with a secure file sharing for financial transaction negotiations. This service enables financial institutions to create a protected virtual environment for their activities.

The use of an electronic dataroom facilitates the exchange of confidential information between the parties involved. Our technology ensures data protection and confidentiality at every stage of the due diligence process, from the start of negotiations to the finalization of the deal. Visit investment banks can carry out their operations in a secure digital environment.

datarooms software for analyzing investment opportunities

Financial professionals are constantly on the lookout for promising investment projects. MyProof offers a platform for consolidating financial data when evaluating these opportunities. This solution enables teams to review and exchange sensitive information securely.

Financial analysts can carry out their due diligence and market research using a dataroom designed to meet industry requirements. This approach facilitates informed decision-making for investment banks and their customers, while ensuring data confidentiality.

Secure datarooms for M&A processes

M&A processes involve the exchange of confidential documents between parties. To facilitate these transactions investment banks use appropriate digital solutions. Our secure dataroom for M&A processes offers several advantages:

Centralized storage of financial information
Manage access rights to sensitive data
Optimizing due diligence procedures

This platform enables the players involved in the deal to exchange files securely, contributing to the efficiency of the M&A process.