Accuracy of AI-redaction
In our previous blog post we discussed how advanced AI technology – driven by Large Language Models – can be used for automatic redaction of sensitive information. We mentioned that very high accuracy can be achieved with such technology. In this post we will show that the latter is indeed the case. Recall We already […]
Large Language Models for Automated Redaction
Technology deep dive (but don’t be put off if you are a non-technical person, we will keep it high-level) Last week we discussed how time limits and the likelihood for error make manual redaction very challenging, and why even automated redaction is a difficult nut to crack, at least with traditional search methods, and “Regular […]
“To Err is Human” – Redaction Challenges
Time and error Redacting documents can be time-consuming, particularly when dealing with a large volume of documents or complex information. Time pressure can arise due to impending deadlines, or the need to share information quickly while ensuring data privacy. When there isn’t enough time allocated for redaction, there is an increased risk of errors. We’ve […]
Where and when to redact documents
During M&A Due Diligence, prior to releasing all information to the buy-side, sellers often need to redact certain sensitive information to protect confidential or proprietary data (see part 1 of our series – Why redaction is so important). Even with smaller sized transactions, the redaction process can be a lengthy and painful task which can […]
Smart VDRs – It is all about Accuracy
Last week we shared our blog on Smart VDRs with you. It included some accuracy stats on Smart Summaries, the key Machine Learning tool to extract data points from transaction documentation (such as dates, locations, etc.). Before that we shared the accuracy stats of our Smart Redaction tool. Today we would like to zoom in […]
Smart VDR – a Paradigm Shift
Virtual Data Room (VDR) replaces Physical Data Rooms (2002-2022) 20 years ago, the M&A Due Diligence (DD) process changed fundamentally with the introduction of Virtual Data Rooms. Before then, DD was conducted by designating a separate physical room at the seller’s office, where physical copies of all company documentation pertinent to the DD were made […]
Two quick tips for an efficient management of VDR document titles
When it comes to managing high-value deals, the more productive you can be, the better. Unfortunately, many factors can hinder efficient working. From subpar VDR speed to inefficiently managed communication, to losing time on unnecessary admin while preparing the data room — there’s plenty that can slow your M&A team down. With the right tools […]
Virtual Data Room Software: The Solution to Secure Business Data Storage and Sharing
Virtual data room software is used by various businesses and organisations in a range of different situations. Since being first introduced to the market a few decades ago, it has permanently replaced traditional data storage and sharing solutions as companies quickly came to see the benefits it brings. This post will explore what the software […]
History of Virtual Data Rooms
What is a Data Room? Virtual Data Rooms can be used for a variety of vital tasks, but at their core, they’re highly secure, collaborative, and easy to use locations used by businesses and organisations to conduct high-stakes transactions, review legal documentation and maintain critical data. Typically, Virtual Data Rooms, are used for M&A, real […]
