Share Data has introduced digital Medallion Signature Guarantees through the Universal STAMP platform, marking a new development in the delivery of our specialist services for international shareholders, executors and legal professionals.

As financial services continue to embrace digital technology, the way securities transactions are authenticated is evolving. Digital Medallion technology offers an alternative to traditional physical stamping while maintaining the verification requirements associated with Medallion Signature Guarantees.

What Is a Digital Medallion Signature Guarantee?

A Medallion Signature Guarantee is a specialised certification commonly required when transferring or selling US and Canadian securities. It verifies the authenticity of a signature and confirms that the person signing has the legal authority to complete the transaction.

Traditionally, these guarantees have been applied using physical stamps on paper documents.

The Universal STAMP digital platform introduces a different approach, enabling participating institutions to apply digital Medallion Signature Guarantees to electronic documents.

The technology incorporates cryptographic verification, unique transaction identifiers and audit trails to support document authenticity and integrity.

What Are the Benefits of Digital Medallion Technology?

The introduction of digital Medallion technology offers several advantages:

• Digital documentation: An alternative to traditional paper-based stamping.
• Document integrity: Cryptographic technology helps identify unauthorised changes to digitally guaranteed documents.
• Transaction traceability: Unique transaction identifiers and audit trails support verification.
• Modernised processes: Digital technology provides opportunities to streamline document handling between participating institutions.

Importantly, digital technology does not eliminate the underlying verification requirements. Identity checks, confirmation of legal authority and supporting documentation remain essential.

The receiving transfer agent must also accept the digital format.

Digital Medallion Services at Share Data

Share Data has supported shareholders, executors, solicitors and financial institutions with Medallion Signature Guarantees and international securities transactions for many years.

The Universal STAMP platform can be used worldwide, allowing us to provide digital Medallion Signature Guarantees without geographical restrictions on the platform itself. Acceptance remains subject to individual transfer agents’ requirements.

By introducing the Universal STAMP digital platform, we are extending our existing service capabilities and adopting technology designed to support the evolving requirements of securities transactions.

Our team continues to provide specialist guidance throughout the Medallion application process, helping clients understand the documentation and verification requirements relevant to their transactions.

Need a Medallion Signature Guarantee?

Whether you are transferring inherited shares, managing an international estate or dealing with a US or Canadian transfer agent, our team can help determine the appropriate requirements for your transaction.