Investment bankers are accountable for a variety of tasks including M&A capital raising, M&A IPO underwriting. These projects require an online data room to manage various documents. With features such as activity reports, granular control of permissions and the Q&A section for more efficient communication investment bankers can speed up the due diligence process and close deals quicker.
It is also essential to be able to monitor downloads and access to users for these kinds of transactions. The ability to see who has downloaded the files and what pages they have visited allows investment bankers to tailor the information they share with potential buyers. This enables them to ensure that the information they share is pertinent and helps determine any issues with their method of sharing.
iDeals is a top option for investment bankers who appreciate its user-friendly interface and powerful document management tools. iDeals is also in compliance with ISO and FINRA standards and offers strong encryption methods to ensure secure data storage. It is used for a variety of M&A and other projects, including capital raising, strategic partnerships and bankruptcy/restructuring.
DealRoom is another investment banking VDR which is ideal for M&A deals. It offers a variety of tools for managing projects such as an intuitive indexing, a Q&A area, and a robust search function. It also supports multiple users simultaneously and comes with the ability to sign electronically. Other features include unlimited storage as well as an intuitive user interface.