Investment bankers are accountable for various tasks, including M&A capital raising, M&A, and IPO underwriting. These projects require an online data room to manage many documents. Investment bankers can simplify due diligence and conclude deals faster by using features like activity reporting, granular permission controls and a Q&A area.
In addition, the capability to track access by users and downloads is a crucial feature for these types of transactions. Investment bankers can alter the information they share with potential buyers by keeping track of who has accessed files and which pages they have visited. This lets them make sure that the information they provide is relevant and helps them detect any issues with their approach.
iDeals has become a favorite among investment bankers who appreciate its their explanation intuitive interface and powerful tools for document management. iDeals is also in compliance with ISO and FINRA standards and provides strong encryption techniques to 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 that is ideal for M&A deals. The platform comes with a range of tools for managing projects, including an intuitive indexing feature, an Q&A area, as well as a robust searching function. It’s also able to allow multiple users to be logged in at the same time, and has built-in the ability to eSignature. Other features include unlimited storage, as well as an intuitive user interface.
