A vdr is akin to the black box of an airplane. It stores a variety of data that can be recovered in the event of an incident on the water. The system is comprised of a unit that collects data with sensors onboard, and a capsule that protects the data. It is designed to withstand fire, shock and deep sea pressure penetration. It is equipped with a satellite-locatable unit for communication that is connected to the ship’s Emergency Position Reporting System (EPIRB).
IMO regulations stipulate that the system should be equipped with a Concentrator which is able to process and decrypt data from sensors, as well as a final recording medium, which stores the information in a fixed capsule that can withstand a catastrophic maritime accident. It should be able to conduct an assessment of performance anytime, either every year or after repairs or maintenance work to the VDR and/or signal sources that transmit data to it.
A quality VDR should be mobile-first designed that allows users http://www.digitaldealdataroom.info/database-access-control-best-practices to login and read documents on desktops, laptops tablets, and mobile devices and maintain the same core functionality. Be sure that the software is intuitive, as this can help speed due diligence and deal-making.
Find an VDR that provides monitoring of user activity on a page to generate audit trails and provide valuable business intelligence on document review progress. For example, if notice that the HR and legal due diligence teams are spending most of their time looking over documents related to a specific topic, you can identify any potential liability concerns early and address them promptly.