Virtual data rooms are designed to improve collaboration by providing a central place where teams, partners as well as clients can access and work on documents in real-time. They feature auditing and activity tracking capabilities built-in, and provide complete records of who accessed which documents when. This helps in identifying suspicious activities and ensure the compliance with data protection laws.

M&A -deals M&A deals require a huge amount of documentation to be shared and viewed between the sell-side and the buy-side. VDRs are an excellent instrument to facilitate this process, safely and effectively.

Banking Investment banks require secure access to confidential documents from clients as well as third parties in order to complete M&As as well as raise capital for other projects. VDRs offer a cost-effective solution that eliminates the need for in-person meetings documents, document storage space as well as courier services and office equipment.

Construction & Service Contracts

Contractors must communicate a huge amount of confidential documents with each other for the completion of projects and to keep their business partnerships. This requires a secure, reliable and secure tool that allows them to access documents from anywhere with an internet connection. VDRs offer a safe alternative to physical files and email that are easily accessible on any device and at any geographical location.

Biotech/Pharma Pharma and Biotech R&D in life science companies requires high-level security as well as an avenue for collaboration on confidential documents with partners, investors and other stakeholders. VDRs can help these companies keep track of progress and analyse interest from investors, as well as monitor how documents are used by their users.