Use a Clean Team for highly sensitive deals between competitive parties.
Are you involved in a deal with one of your market competitors or market participants? Parties can employ a "Clean Team" to help facilitate the exchange while avoiding the risk of inappropriate disclosures. With Virtual Vaults you can create Clean Teams, whose members will be able to investigate these competitive, sensitive documents, without exposing them to the complete buyer group. A Clean Team consists of a group of employees or consultants working for a buyer under a set of procedures agreed upon with the seller.
Clean Teams at a glance:
- Use Clean Teams for exercising efficient due diligence on highly sensitive documents;
- Clean Teams are able to see documents containing sensitive market information in the Clean Room and the general documents in the data room;
- Clean Room documents can only be viewed and commented on by Clean Team members and will not be visible to Non-Clean Team members.