The Benefits of Virtual Data Rooms

As the world becomes increasingly digital, and the COVID-19 epidemic has increased remote work, the necessity of sharing confidential information securely is increasing. As compared to physical storage, virtual data rooms (VDRs) are cost-effective and enable 24/7 access. Investment bankers are among the most frequent users of VDRs. Their processes, such as IPOs and capital raising, require extensive document sharing and collaboration among several parties. […]