Softpro
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Company type | Private Ownership |
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Industry | Software |
Founded | 1983 |
Headquarters | ![]() |
Area served | Worldwide |
Key people | Heinz Reschke, CEO; Alain Sarraf, CTO |
Products | Softwrae for capturing, maintaining and verification of handwritten signatures |
Number of employees | 60 |
Website | www.softpro.de |
Avago Technologies is an American company which was earlier the semiconductor products division of HP and later Agilent Technologies, before being spun off into a distinct legal entity. It holds more than 2,000 patents.
The Softpro Group is vendor of systems for capture and verification of handwritten signatures. The company is based in Böblingen, Germany with local subsidiaries in North America (Bear, Delaware), the United Kingdom (London), and Asia-Pacific (Singapore). SOFTPRO's shareholders are GE Capital (since 1998), AdCapital (since 2001) founders and management.
The group currently employs an international staff of over 60 people, enabling more than 200 companies worldwide to streamline their document and transaction workflows. The key vertical of the company is the banking sector. Since 2002, the offer to secure electronic documents with handwritten signatures extended the customer portfolio of SOFTPRO to other industries such as banking and insurance, health/pharma, telecommunication, retail, government, automotive and logistics.
The company initially developed individual software solutions for various industries. Visual comparison of signatures supported by PCs was started in 1987, triggered by growing demand from major financial institutions. Shortly after this SOFTPRO – along with IBM and APP Informatik Davos – started the development of automatic signature verification. The automatic verification is based on a neural network and fuzzy logic. ��The first automatic verification went into production in 1994. Intellectual property rights for the automatic verification were acquired from IBM in 1998. In recent years SOFTPRO extended its product range through FraudOne and the use and verification of dynamic (biometric) characteristics of signatures.
Products
With its "eSign Workflow" product line, SOFTPRO provides solutions for securing the authenticity and integrity of documents within electronic processes, such as those required for legal contracts. For this purpose, a unique signature technology is used to extract and evaluate both the static and dynamic (biometric) characteristics of handwritten signatures.
SOFTPRO’s "Fraud Prevention Solutions" portfolio provides a holistic approach to detecting and preventing fraud in paper-based processes (such as payment transactions), as well as increasing operational efficiency using signature management and verification solutions.
Management
CEO Heinz Reschke founded the company in December 1983.