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Datasite Review – Datasite Data Room Features

da Giuseppe Nebbiai

Datasite is a well-established virtual data room equipped with powerful tools that allow companies to close deals quicker. It also has a solid support system that allows customers to communicate with its representatives via email, chat or phone in up to 14 different languages.

DataSite is a cloud-based platform that helps investment banks, M&A professionals, and law firms close transactions with its folder indexing, file organisation and easy document retrieval. The platform also includes access controls that are granular and allow administrators to control who can view, edit and download files. Redaction features built-in to the platform simplify due diligence by using redacting text and images which detects sensitive information automatically.

Its security features include data encryption both in transit and at rest, as well as an assessment of vulnerabilities which allows professionals from outside to test the security of the platform. Additionally, Datasite is HIPAA compliant and has been audited and certified ISO 27001 environment. Its staff undergoes regular training on security standards and annually affirms their code of conduct and confidentiality agreement.

Datasite’s capabilities are robust and have been recognized by industry analysts as having it as one of the most sought-after data rooms. Datasite is in high demand by a variety of companies including financial services, legal services, oil and energy, banking as well as healthcare and pharmaceuticals and the technology industry. Its user-friendly her explanation interface makes easy for users upload documents and arrange them into directories. Its intelligent file upload and drag-and-drop features reduce the time required for the preparation of data rooms.

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