Investment bankers often have to talk about sensitive data with multiple stakeholders. A virtual info room (VDR) helps ensure that every parties involved have access to the documents they want and makes for real-time communication, reducing the effort and time needed for record distribution.

A good VDR should allow expense bankers to put granular permission levels for each document, ensuring that only the best prospects have access innovative board portal software to the info. This is important in investment banking because it prevents confidential information out of being shared with unauthorized celebrations, which could result in expensive lawsuits and job secrets loss.

iDeals Alternatives

This Chicago-based VDR service provider is a popular choice among expense bankers, which has a lot of simple and advanced features. It includes secure safe-keeping, mobile apps, customization for the UI for use in your brand, mass upload operation, reporting about user activity, encryption level, and more. They likewise have a fencing view characteristic that allows users to talk about certain areas of a document with external parties while not giving them full access, a nice touch that adds extra layer of security for your documents.

Another top-rated option is definitely iROOMS, which supplies a robust digital boardroom intended for meetings with a customizable interface and secure document transfer functions. In addition, it includes a Q&A module and versioning, and also two-factor mobile authentication. Additionally, it is possible to organize files and folders within an organized composition, as well as look for specific keywords with this kind of software.