九月 23, 2020

NEW Feature: Redaction AI

By Jeff Golterman, Senior Director, Product Marketing

You know how important redaction is to deal success.  Compliance with privacy regulations such as GDPR or CCPA is a necessity. Protecting strategic and commercially sensitive data also requires redaction. You can’t really get a deal done today without it.

You also know that redaction takes way too long. Using unintegrated tools adds hours passing files back and forth from your data room. Or – heaven forbid – using a black marker to redact documents then scanning and uploading back into your data room brings your deal to a crawl. And because you care about quality, add hours and sometimes days checking and rechecking.

When project admins share their wish list of redaction improvements, the ability to automate the redaction of data-types often appears.  Looking through documents for personal and company names, physical and email addresses, currencies, and phone numbers to find, redact, check and re-check takes days and weeks.  Admins tell us there’s got to be a better way.

The great news is we’re releasing a solution.  Using pattern recogniztion, Redaction AI from Datasite now lets project admins select the data types that they want to redact, and the tool presents a list of occurrences for confirmation. It’s that simple. No more hunting through every document.  The AI engine also goes to work when you’re loading deal documents. Imagine a tool that marks documents for redaction while you are working on higher value activities.

AI redaction works alongside previously released Datasite redaction innovations. We’ve packaged AI with automated redaction where you name a term and the system goes and finds all occurrences for you. It even finds images like logos too. AI redaction also works hand in hand with redaction reasons where admins tag redactions – in bulk or individually - with a reason-type.  Because you might want to unredact all your commercial or strategic redactions when an exclusive buyer emerges, you can now do so in seconds. Customers share that unredacting happens in 1/10th the time it used to take versus using 3rd party tools.

And redaction overall – when you add up the time savings using AI, Automated Redactions and Redaction Reasons – can be as much as two-thirds the time savings vs other tools.

The time savings are huge. Complexity reduced.  Your sanity saved. Your deal accelerated. Add Redaction AI to your Datasite Diligence or Datasite Prepare project today.

See It In Action

To experience this feature or other related features, contact your client representative or request a personalized demo.

Get in touch

Datasite Diligence

Datasite Diligence Virtual Data Room includes sophisticated analytics, an integrated redaction tool, ironclad security & world-class support with fast setup.

Learn More

Join the Dealmaker's Circle

It’s your forum to be known and to get to know dealmakers. To solve problems. Make improvements. Share experiences and expertise. Make a difference and network at all levels.

Join Now

准备好开始了吗?

您可能还喜欢:

市场焦点:如何为亚太地区的世界经济体赋能

在新冠肺炎大流行之后,中国(再次)坚定地巩固了自己作为推动世界进步的主要动力的地位。随着中国经济的不断成熟,中国的能源市场在未来几年将如何发展,不仅对中国自身,而且对整个亚太地区都至关重要。

市场焦点:大中华区的交易趋势

此次网络研讨会中,我们的专家组成员盘点了香港和中国大陆的并购活动,并探讨了今年接下来的前景。 此外,还讨论了2021年第一季度的并购活动和见解,以及哪些行业和子行业将提供最多的机会。 阅读这篇市场焦点博客文章,了解更多信息。

生命科学公司3个最有效的VDR使用技巧

每年有全球1400多笔医疗保健交易在Datasite平台上完成,每月有13,000多名行业交易者使用。基于这些经验,Datasite三种独有的功能帮助您安全高效地交易。