Investment banking is a separate branch of banking. Its goal is to create capital for businesses, governments, and other organizations. Basically, investment banks take care of everything related to finance. They underwrite debt and equity securities for various organizations. Also, such banks help to sell securities, go through mergers and acquisitions, reorganize corporations. Moreover, they help to facilitate broker trades for institutions and private organizations and guide issuers on the issue and the placement of stock. Obviously, all these processes require tons of papers. Investment banks come to rescue during long and cumbersome financial processes. Therefore, to provide the organization with sustainable aid, banks need to study all information related to the transaction. And sometimes, they have to create additional documentation. All these papers need to be stored somewhere safe, and also they should be simple to review, edit, and share. Virtual data rooms are the perfect solution here. This software provides users with a highly secure online repository that is easy to reach anytime from anywhere. Once the files are uploaded to the data room, everyone who has access to it and required rights can work with the information. The technology is extremely straightforward and will satisfy all the needs of both organizations and investment banks when it comes to teamwork and documentation. A virtual data room became a vital tool for due diligence. And it’s needless to say that this procedure lies in the core of any financial process where investment banks are involved. They need to study the information thoroughly before stepping in. Since these banks serve as a medium between the organization and investors, they need to know every detail to help to close the deal successfully. With the data room, investment bankers will always have access to the documents and come back to them when needed. Moreover, the data room will come in handy for investors, as well. Obviously, they will have access to all the required papers. But also they can use a Q&A section to gather some additional information. Managers of the data room usually assemble it in advance, answering all the frequently asked questions. However, investors can submit new ones if they need to ask something. Finally, the manager of the data room can see everything that is happening in the repository – who entered it, which documents did this user open, and what actions did they perform with it. This information can give many useful insights and help to understand how to act in the nearest future.