Investment bankers handle various tasks which include M&As as well as capital raising and IPO Underwriting. These projects require an online data room to manage various documents. Investment bankers can streamline due diligence and conclude deals faster by using features such as activity reporting, granular control of permissions and a Q&A section.
Additionally, the ability to track user access and downloads is essential for these kinds of transactions. Investment bankers can modify the information they share with prospective buyers by tracking who has accessed files and which pages they’ve viewed. This helps them ensure that the information they share is relevant and allows them to determine any issues in their method of sharing.
iDeals is a popular option for investment bankers who appreciate its user-friendly interface and powerful document management tools. iDeals also offers robust encryption methods to secure data storage. It is fully in line with ISO standards and FINRA. It is used for a variety of M&A and other projects, including capital raising, strategic partnerships and bankruptcy/restructuring.
DealRoom is a VDR for investment banking that is ideal for M&A transactions. It offers a variety of project management tools, including an intuitive indexing system along with a section for Q&A and a powerful search function. It also has the ability to allow multiple users to be logged in at the same time, and has built-in eSignature functionality. The user interface is intuitive and unlimited storage is included.