Secure Online Data Rooms Solutions

Secure Online Data Rooms Solutions

A virtual dataroom (also known by the names electronic data room, deal room, or VDR) is a cloud platform that was designed to store and exchange private business information securely in capital raisings, mergers and acquisitions, IPOs due diligence, audits of businesses, litigations, etc. The software is highly specialized and provides numerous features to guard against unauthorised access. This includes website customisable advanced password protection, permissions, an individualized security identity for users, dynamic watermarking, fence view and multi-factor authentication.

VDRs, unlike less advanced platforms like email, Google Drive, and Dropbox can track and log every document activity on their platform. This means that you’ll always know who, when and from what IP address has accessed which document. It also allows you to observe how long someone has been looking through the documents.

This is one of the features you should consider when choosing the right virtual data rooms provider. A reliable online data room offers high levels of privacy for sensitive documents. This is especially crucial in manufacturing transactions as the sensitive nature of these documents might not be apparent to all parties.

Ansarada Deals, a powerful online dataroom, blends a platform with intuitive functionality and high levels of security that allows for a secure sharing. This makes it easier to collaborate and share documents during M&A due diligence, corporate restructuring, capital raising and other high-risk events. To discover all the features this software solution has to offer, book your free trial today.

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