The current market leaders could run into some challengers.
DocuSign, Inc. announced the general availability of the new DocuSign Security Appliance.
According to a release, the unique solution provides DocuSign Digital Transaction Management (DTM) platform customers the option of encryption key management and auditing for their DocuSign documents behind their firewall. This allows customers to realize the benefits of cloud-based DTM while meeting their specialized security requirements.
The company reported that the DocuSign Security Appliance allows organizations and financial institutions like Bank of America leverage the benefits of DocuSign's cloud-based Digital Transaction Management platform while maintaining control over data security within their own data centers. Bank of America partnered with DocuSign in the development of this new feature which provides flexibility to realize the benefits of DTM while maintaining compliance with existing customer agreements, security policies, and regulations that a pure SaaS solution couldn't have offered.
Additionally, the DocuSign Security Appliance, in combination with DocuSign's ISO 27001 security certification and bank grade security program, opens up business value for enterprises using the DocuSign DTM platform in the most security-conscious industries, including financial services, insurance, healthcare, and government.
"In meetings, focus groups, and surveys, customers have been asking for more control over their own encryption key security and auditing," said Grant Peterson, chief technology officer, DocuSign. "Developed with input from key companies in high-security industries, the DocuSign Security Appliance puts the same cutting- edge encryption key management technology used in DocuSign's own Digital Transaction Management platform and systems in the hands of our customers."
DocuSign is provides a standard for digital transaction management.
((Comments on this story may be sent to [email protected]))