Secure Online Data Rooms Solutions
A virtual data room (also called a VDR, electronic data room, or deal room) is a cloud-based platform created to ensure secure storage and sharing of confidential business information during M&A capital raising, IPOs, due diligence as well as litigations, business audits and so on. The software is highly customized and comes with many features to protect against unauthorised access. This includes customisable advanced rights, password protection, security impersonation with granularity (granular user identity) dynamic watermarking, and fence view.
As opposed to less sophisticated platforms like email, Google Drive and Dropbox VDRs can be used to record and track all document activity within their platform. This means that you will always know who, when and from which IP address has accessed what document. You can also track the time spent by a user reading documents.
This is a feature that you must consider when selecting the best virtual data room service. A reliable online data room offers an excellent level of privacy for sensitive documents. This is especially important during manufacturing deals, as the sensitivity of these documents might not be evident to all parties involved.
Ansarada Deals, a powerful online dataroom, blends an intuitive interface and a high level of security to facilitate serious sharing. This makes it easier to collaborate and share documents during M&A, due diligence corporate restructuring, capital raising and other high-risk outcomes. Book a demo to discover the capabilities this software solution has to offer.