Investment bankers have to handle many different tasks such as M&As, capital raising and IPO Underwriting. These projects require an online data room in order to manage a variety of documents. Investment bankers can simplify due diligence and close deals more quickly with features such as activity reporting, granular control of permissions and a Q&A area.
It is also essential to be able to track the downloads and access of users for these types transactions. Investment bankers can customize the information they provide to potential buyers by tracking who has downloaded files and what pages they have viewed. This ensures that the information is relevant and enables them to detect any issues with their method of working.
iDeals is now a favorite for investment bankers who appreciate its user-friendly interface as well as powerful tools for document management. iDeals also provides secure encryption techniques to protect 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. The platform comes with a variety of tools for managing projects, including an intuitive indexing system, a Q&A section and a robust search function. It also has the ability to support multiple users at once and comes with eSignature functionality. The user interface is simple and unlimited storage is also included.