Virtual Data Room - Bringing Data to the People

Data Rooms have been used for decades as part of the Mergers and Acquisitions process and in recent years the trend has moved towards online hosted facilities called a Virtual Data Room.

The need to establish a physical data room often creates issues relating to premises, access and supervision. Confidentiality is paramount and strict controls for viewing copying and printing must be imposed. The need to ‘bring people to the data’ or distribute key documents by courier or post can hamper the due diligence process considerably.

So Virtual Data Rooms (VDRs) are relatively commonplace now and Preview is the clear market leader in their provision. Working with law firms, corporate finance specialists and corporations themselves Preview has run many, many successful VDRs over the last three years.

The Virtual Data Room utilises Preview’s eView+ image archive to provide a web repository for all materials relating to the sale and provides:

• 24/7 access worldwide
• Total security and control
• Optional restriction of printing, emailing and copying
• Detailed reporting of access by individual
• Scanned data can be mixed with electronic files

But in addition Preview has developed the Virtual Data Room into a specialist and powerful tool. The Preview VDR comes as an individual fully managed product or a self administered framework. We offer single rooms or an unlimited licence and all this makes our offering quite unique.

As if this wasn’t enough the Preview Virtual Data Room are packed with other specialist features such as:

• Drop and Drag Upload
• Instant set up
• Validation to document level
• Fully auditable history