Secure Online Data Rooms Solutions
14/05/2024 2024-05-15 15:38Secure Online Data Rooms Solutions
Secure Online Data Rooms Solutions
A virtual dataroom (also called electronic data room, deal room, or VDR) is a cloud-based platform that was designed to store and distribute confidential business information in a secure manner during capital raisings, M&As, IPOs due diligence, audits of businesses, litigations, etc. This software solution is highly customized and comes with many features to protect against unauthorized access. This includes customized advanced rights security, password protection, security impersonation with granularity (granular user identity), dynamic watermarking and fence view.
In contrast to less sophisticated platforms such as email, Google Drive and Dropbox VDRs are able to track and log all document activities within their platform. This means you will always know who, what time and from what IP address has accessed which document. It also lets you observe how long someone has been looking at documents.
This is an aspect you should consider when choosing the best virtual data rooms provider. This is because a reliable online data room offers the highest level of security for sensitive documents for business. This is especially crucial during manufacturing deals, as the nature of these documents might not be evident to all people involved.
Ansarada Deals, a powerful online dataroom, blends a platform with intuitive functionality and a high level of security to allow for serious sharing. This allows users to collaborate and share data during M&As, due diligences corporate restructurings, capital raisings and other high-risk events. Request a demo to explore the various features this software solution provides.