”As an independent M&A advisory firm, we can draw on a wealth of knowledge, experience and proven methods in dealing with data rooms. For the Promecon team, Drooms has long been the product of choice in terms of innovation and service.”
The Drooms Online Archive is a secure and sustainable solution for archiving the final version of your data room post-transaction. Unlike the previous digital archive, which was delivered on physical USB sticks, the Online Archive provides instant, online access to your archived data, eliminating the need for physical storage devices and the hassles and security risks associated with them.
Drooms Online Archive ensures the highest level of security for your data. Your data room is frozen and includes Certificate of Authenticity (Confirmation Letter), which certifies that the archive is an exact copy of the data room. The data remains on the georedundant servers in Germany and Switzerland, guaranteeing GDPR compliance and protecting against physical breaches and data loss.
Using the Drooms Online Archive offers several advantages over traditional physical storage:
When the time is right, the archive can be opened by authorised users seamlessly. You can access all the documents in the archived data room the same way you accessed documents in your data room. Simply log into your Drooms account, navigate to the data room in Online Archive mode, and you can view and download your archived documents. This seamless access allows you to retrieve necessary information quickly and efficiently, supporting your ongoing business needs.
Yes, the Drooms Online Archive is designed to meet legal and compliance requirements. It provides a Certificate of Authenticity that certifies the archived data as an exact copy of the data room at the time of deal closure. Additionally,
detailed activity logs and usage reports are available to support any legal disputes or audits, ensuring you have all necessary documentation on hand.
Have questions?
Ask us!
