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FirmsData, A Virtual Data Room for all your needs
Our Virtual Data Room Service solves complexity of storing, sharing and managing highly confidential & large data sets
M&A life cycle can be overseen all the more effectively using M&A Virtual Data Rooms, which can assume a key role in dealing with each stage of this lifecycle, beginning from the preliminary stage to a fruitful post-deal closure stage. Mergers & Acquisitions, generally called M&A is a process to consolidate companies or its assets via multiple financial transactions. Reaching on deal conclusion is a complex process and involves confidential data sharing to multiple parties. Read more
While VDR is mainly known to be used in Mergers and Acquisitions, primarily making Due Diligence easy, at the same time it plays an important role by making useful data available for Board members. Using Virtual Data Room for Board Communications, data can be well organized, accessible and secure for relevant stake holders. Read more
Insolvency and restructuring project management is very complex process and requires high level of confidentiality & compliances. Almost each law firm uses Virtual Data Room in insolvency projects to ensure availability and security of confidential data. In recent years, we have seen an increase in insolvency cases and VDR has been playing important role in data management. Read more
Due Diligence is a process to investigate the facts of any matter to ensure transparent & fair decision making. Due Diligence is being practiced in almost every industry like Finance, Biotech, Real Estate, Energy, Legal IT etc. There might be different Due Diligence check lists based on industry and objective of data validation. Read more
Securing data in Life science & Healthcare companies is as important as working on mission critical medicines to serve humanity. VDR in Life Science plays a very important role in securing sensitive data. VDR in healthcare not only helps in securing critical data like clinical trials but also helps in IPO, Fund Raising, Mergers & Acquisitions, IP licensing and Regulatory communications. Read more
Real Estate projects involve a large number of documents sharing with multiple internal departments, contractors, financial institutes and government departments. At first place, storing and sharing large data sets with these many people is a very tedious task and making it secure makes it even more difficult. Read more
Easy-to-use Virtual Data Room
Our data room is well explained by this quick steps
Upload large number of files in protected & secured Data Rooms
Create multiple teams & provide role based access to protected files
Now everything is protected and each activity is monitored, start sharing
Get customized reports on activities, access, views, updates, comments etc.
Explore the list of features in FirmsDataAsk for a qoute
The term "deal room" refers to an online source for document storage and dissemination that is only accessible to authorized parties. It is often used as part of the due meticulousness process before to a merger or acquisition in order to look at corporate documents, share them with others, and disclose them. There is no need for companies to be concerned about their data being stolen or compromised while exchanging information. Tools available to administrators allow them to manage processes and do analytics. There is a significant amount of material made accessible that is completely confidential, and viewers are strongly limited in their ability to reveal this information to other parties (by means of forwarding, copying, or printing). With our Digitals rights management system, this can be done easily and quickly to protect information (DRM)Key Takeaways
To store and communicate highly confidential information, a Virtual Data Room (VDR) is an online platform. High-security standards, compliance with government rules, and a wide range of built-in capabilities are all necessary for a safe and secure data storage and data sharing environment in the perfect Virtual Data Room.
The following types of information may be found in files and folders:
Because they are organized and readily available, files in a virtual data room are straightforward to find. Our online platform can open a wide variety of file formats, including Word, PDF, CSV, PowerPoint, and Excel.
The administrator has put in place a non-disclosure agreement for the benefit of users and visitors alike. Visitors to the site assume responsibility for their actions by agreeing to the platform's terms and conditions.
It is necessary to do the following steps in order to create a virtual data room:
For a merger or acquisition deal, a data room is an online store of papers that are necessary for the preparation and examination of a large number of documents. In the event of a merger or acquisition, the seller is frequently responsible for establishing a repository for important documents. Purchasers and attorneys working on behalf of a buyer have access to a virtual data room throughout the due diligence process. There is a place for collaboration, a safe information exchange, and a source of practical answers with this.
A buyer and seller may build a connection even if they are located in different parts of the world and without putting their safety in jeopardy thanks to new technologies. An electronic signature and a watermark are all tools that the service provider uses to accomplish this. When compared to a typical data room, a virtual data room is far less expensive in terms of both time and money. In order to analyze the data, there is no need to go.
Q&A, notes, multi-factor authentication, and enhanced access privileges are all standard elements in virtual data rooms. A growing number of virtual data room providers are using more complicated security procedures to protect the integrity of their customers' data.
In a virtual data room, information such as contracts and business documents are stored online in order to share such information with other parties in a secure and/or confidential way (such as with a potential Investor). It is possible to have a data room that is both real and virtual. While data rooms are often used to streamline legal or financial due diligence, they may also serve a variety of additional purposes throughout a transaction.
They may then evaluate the investments they've made in terms of the dangers and opportunities they've opened themselves up to. Before taking any further action, the parties normally agree on a set of data points that will be thoroughly examined.
Investors may feel secure putting their money into VDRs. Regardless of the time of day, location, or kind of device, users may access information on the platform.
VDRs (virtual data rooms) are secure internet storage places for confidential enterprise documents. M&A and large-scale events are integrated into our system to ensure that bids are better controlled and monitored while respecting the privacy of your personal information.
Using FirmsData, you can be certain that your data is safe and secure. Application, user, infrastructure, and operations levels are all protected by four layers of security: Security is highest at the Application Level. Examples of key security methods include AES 256-bit encryption, multi-factor authentication, high-level TLS protocols with time, role-based access and permissions and IP address constraints, and more. Using Amazon Web Services (AWS), FirmsData adheres to the great majority of industry-standard security precautions. As a Virtual Data Room platform, it also conforms to international standards such as ISO 27001; HIPAA; GDPR; and other regulatory mandates.
The cost of a virtual data room is affected by a number of variables. In addition to contract length and storage capacity, additional factors, such as the availability of technical help, may impact the cost.
Free trial periods are offered by the vast majority of service providers. It is up to the user to decide whether or not this technology is appropriate for their unique needs.
As a result, FirmsData has kept its prices low so that a wide range of customers may benefit. Please check out our pricing page for additional details. FirmsData is a major provider of virtual data rooms (VDRs) due to its affordable costs and high levels of protection.
Our 14-day free trial is available to new customers. Including a credit card is unnecessary. To use the service, all you have to do is sign up.