Virtual data rooms are high-tech online spaces designed to meet business needs. VDR solutions have become one of the most secure ways to store and share sensitive corporate data. They allow you to manage business transactions remotely, which means your productivity won’t suffer no matter what happens. Data rooms have filled the offerings market, and demand for them is still growing. Providers offer solutions for all sizes and industries of businesses, and in this article, we will highlight a list of VDR providers that are considered the best today.
iDeals VDR Review
The iDeals provider has been around since 2008 and is known as a feature-rich and flexible solution that offers services for different sizes and industries of businesses, such as litigation, due diligence, M&A, investment banking, vaulting, and more. iDeals provides all the features you need to support you every step of the way.
Key features of the iDeals provider include:
- High performance and security -The data room is certified by the best international ISO 27001 and SOC2 security licenses. The program is 99.95% guaranteed to work flawlessly and transfer data quickly, using 256-bit encryption. In addition, VDR has powerful security tools such as detailed access permissions and partial visibility, two-factor authentication, and fence view
- A user-friendly program interface and simple workflow management. In addition, the platform is available on all devices and operating systems
- Customer support is available at any time of the day or day of the week. You can reach the operators by phone, chat, or email and expect a response within 15 minutes
Citrix ShareFile VDR Overview
Citrix ShareFile Virtual Room launched in 2011, but Citrix itself has been around since 1989. Using its experience and advanced technology, the provider has provided customers with reliable protection and a favorable transaction environment. In addition, the provider offers services to medium and large companies and business tools that support a transparent and secure transaction process.
Key features:
- Secure SOC2 and SSAE16 security certifications
- Features 256-bit encryption to protect data during storage and transmission
- Two Factor Authentication for login security
- Single sign-on for easy movement of participants between VDR projects without the need for login credentials
- Automatic synchronization of VDR data
- Mass downloads
- Backup
- Question-and-answer section
Citrix VDR is a popular choice in secure business transactions for real estate companies, investment firms, and financial advisors. Customer service is available around the clock.
Ansarada VDR Overview
Ansarada is a well-known data room provider that began operations in 2005. VDR can provide services in mergers and acquisitions, IPOs, fundraising, private equity, trending, etc. Ansarada’s state-of-the-art solution features to ensure a high chance of success for your transaction. Complete transactions quickly, smoothly, and securely. VDR offers services for all sizes of businesses, and the space is equipped with artificial intelligence features – a feature of the provider that has made it so famous. The platform is easy to manage, and you can take advantage of the drag-and-drop feature. Speaking of security features, Ansarada offers:
- Watermarks – protect users’ copyrights and show information about what actions users have performed with the document
- Detail permissions – prohibit the process of copying, printing, downloading, editing, forwarding, and screenshotting the document to protect the due diligence
- Data encryption -protects against external threats of data leakage and encrypts documents during storage and transmission
- Analysis with AI – makes it easier to collect analytics and make informed decisions
Check out these data room providers to ensure your business has a secure and efficient transaction process.