Sterling Virtual Data Room

Sterling Virtual Data Room is a platform designed for seamless file sharing and content collaboration during various business processes, such as mergers and acquisitions, fundraising, board reporting, and bond issuing. This solution is tailored for small to large-sized companies across different industries, including financial services, legal services, real estate, energy & infrastructure, life sciences, and corporate professionals. It is utilized by investment bankers, legal professionals, private equity professionals, and real estate professionals, among others.

Key Features

Highest Security: According to the vendor, Sterling Virtual Data Room ensures a high level of file security and compliance by storing data on servers in the UK and Germany. The platform also claims to comply with GDPR and other regulations, providing advanced encryption for data protection.

Real-Time Access: Users can reportedly access documents and files from anywhere, at any time, facilitating collaboration and communication in real-time. The platform claims to offer proactive management of activities and progress for improved efficiency.

Flexible Pricing: Sterling Virtual Data Room offers customizable pricing plans based on specific needs, allowing businesses to tailor their contracts and payment options accordingly.

Easy File-Sharing: The platform reportedly supports bulk upload and download capabilities, enabling efficient handling of large file structures. Users can reportedly utilize the drag and drop functionality for quick and efficient file transfer. The solution also claims to support various file types, including Google Maps and AutoCAD.

Full Audit Trails: Sterling Virtual Data Room provides comprehensive audit trails to track and monitor document activities. Users can allegedly record user actions, such as views, downloads, and edits, ensuring transparency and accountability.

Security: According to the vendor, Sterling Virtual Data Room adheres to tight regulations and compliance requirements. The platform reportedly offers advanced search filters for seamless access to relevant information and provides a redaction tool for removing sensitive data directly in the index.

Bulk Upload/Download: Sterling Virtual Data Room claims to allow file-inclusive, unrestricted upload capabilities, making it a fast tool for efficient transfer. The platform also asserts support for multiple file types, including Google Maps and AutoCAD.

Advanced Search: Users can reportedly benefit from advanced search filters and definitions, enabling easy access to information even with large volumes of data. The platform claims to ensure seamless search functionality for efficient data retrieval.

Redaction: Sterling Virtual Data Room features a built-in tool for redacting sensitive data directly in the index. According to the vendor, this functionality applies to all documents, including intellectual property like patents.