The Virtual Data Room (VDR) is an online repository that securely stores sensitive business documents. It is commonly used during M&A due diligence, but also assists with other kinds of strategic transactions. VDR solutions offer advanced security and usability at a lower cost than traditional platforms. Many providers offer a free trial to test the capabilities, security, and ease of use of their VDR.

The immovable property industry requires large amounts of documentation to be exchanged between partners. A custom-designed VDR can help safeguard documents and speed up deals by providing users with user-friendly features, including Chinese wall watermarking, automatic indexing, and Q&A modules.

In a process of clinical discovery medical and biotech companies work with escalated amounts of confidential information ranging from research findings to patient records. A VDR can help protect these assets and help streamline the process by providing centrally stored as well as collaboration tools, remote access to data, private folders, and multi-language support.

Banking operations require the handling of sensitive financial information. A VDR provides the secure cloud storage needed to manage this data, while ensuring it’s accessible whenever and wherever it is required, such as via email and file transfer. Kiteworks enabled private content networks also extend no-trust to any content, no matter where it’s hosted, reducing the risk of leaks or cyber attacks. This makes the VDR an essential component of any company’s IT strategy.

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