Virtual Data Rooms

Traditional data rooms are a physically secure monitored rooms which bidders and their advisers visit in order to inspect and report on the various documents and other data made available. If new documents, or new versions of documents are required these are brought in by courier as hardcopy.

Teams involved in the due diligence processes comprise a number of experts in different fields and are typically flown in and remain available throughout the process. Becaue of these factors, the overall costs of physical data rooms is often extremely high.

Virtual Data Rooms (VDRs) are Internet sites with limited controlled access via a secure log-in for participating parties and their advisers to exchange information in a secure, controlled and auditable manner. Virtual data rooms offer significantly reduced costs and are threfore becoming increasingly popular.

Virtual data rooms are commonly used by legal, accounting, investment banking and private equity companies performing mergers and acquisitions, fundraising, insolvency, corporate restructuring, joint ventures and tender processes.

The FileForward Virtual Data Room Solution

FileForward is an on-demand hosted service designed and built from the ground to provide a secure, robust and easy to use turn-key solution for organisations of any size to confidently exchange sensitive information.

You can set up a virtual data room in less than five minutes without any headaches and without large up-front costs. Because it's a hosted service, we take care of all the provisioning, upgrades, back-ups and monitoring ensuring that your data is secure and available 24/7/365. FileForward works on any operating system using any standard web browser so there's no compatibility issues and you can access your data wherever there is an internet connection.

Key features of FileForward for virtual data rooms include:

Custom branded to match your corporate identity
Setup unlimited virtual data rooms with unlimited bidders
Easy management of users and groups
Full access control for each user - right down to individual files and folders
Full audit trail of all virtual data room activity
Receive email and secure RSS alerts for specified events
Thumbnail or list views for files
Full previews of over 640 file formats
Advanced search and filtering capabilities
Maintains version history of all files
Create point-in-time snapshots of files and folders
Undelete facility to recover accidentally deleted files
Facility to lock files and folders
Dedicated account manager
Comprehensive set of online video tutorials and dedicated support staff
128bit SSL encryption on all transfer of information
Platform neutral and firewall friendly
High-availability with mirrored servers
Real-time backups of all data with off-site storage

»Evaluate FileForward Virtual Data Rooms free for 30 days.
Or call +44 (0)207 183 4001 to speak to a member of our corporate sales team.

Virtual Data Rooms

The FileForward Virtual Data Room Solution

FileForward enables us to provide access to large datasets and critical business files to clients and partners through a branded interface without having to worry about people being able to access our internal network.

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