DocuSign targets financial services, bolsters ecosystem

DocuSign is bringing "transaction rooms" to financial services customers as it inks partnerships with Cisco, IBM and Deloitte.

DocuSign, a cloud provider of digital transaction management software, rolled out a virtual room for closing deals and swapping agreements around for signature.

The feature, included in DocuSign's Spring 2016 release, comes as the company inked a bevy of partnerships that are likely to expand its business.

Technically, the room feature is called DocuSign Transaction Rooms for Financial Services, which provides a secure digital space to sign documents. DocuSign also launched an appliance for regulated industries to embrace digital signatures.

According to DocuSign, the Transaction Rooms for Financial Services includes input from 50 customers and enables participants to review contracts, comment and ultimately sign. DocuSign launched a similar feature aimed at the real estate industry.

Here's a look at the Transaction Room for Financial Services.

docusign-rooms-product-screenshot.jpg
docusign-rooms-product-screenshot-2.jpg

The Spring release for DocuSign comes a day after the company formed alliances with Deloitte, Cisco and IBM. Under those deals, Deloitte, Cisco and IBM will bring DocuSign's services to their ecosystem of partners.

DocuSign said that its Global Trust Network now has more than 225,000 customers and 85 million users generating 950,000 transactions a day.

As for the Cisco deal, the networking giant will integrate DocuSign's e-signature technology into its Spark collaboration platform. In a similar pact, IBM will integrate into its cloud services and application programming interfaces via Bluemix. IBM and DocuSign will collaborate on business process services too.

Deloitte is integrating DocuSign's tools in various industry implementations.