Ansarada Group Ltd. is an Australian company established in 2005 by four founders: Andrew Slavin, Sam Riley, Rachel Riley, and Daphne Chang. It develops solutions for businesses, governments, and advisors to maintain crucial information and processes in transaction management, board management, procurement, and compliance. 

One of these products is the virtual data room, a platform for organizing and overseeing complex deal-making processes. It features data security measures, document management tools, and collaboration spaces. Commonly, the software is used for M&A, initial public offerings, targeted acquisitions, and audit management.

Security features

The Ansarada data room offers advanced access controls to protect data — every save, view, edit, and print action. The solution also mitigates security risks by encrypting data on and off the platform. Furthermore, the provider is ISO 27001 certified, meaning it adheres to internationally recognized standards for information security management.

Ansarada’s data protection features include the following:

• Safe by default. The provider ensures that processes are inherently resistant to human error by managing complexities at the backend.
• Granular access and permissions. Data room admins can specify who has access to what information, ensuring that sensitive data is only available to authorized users.
• Save, print, and access controls. Advanced controls allow users to monitor and manage access and saving and printing capabilities. In addition, Ansarada provides the ability to self-destruct files, adding an extra layer of security to sensitive information.
• Audit trails. Each interaction is recorded, including uploads, downloads, views, edits, and comments.
• End-to-end encryption. Ansarada employs advanced encryption to protect documents, Q&A sections, and threaded comments.
• Multi-factor authentication. Multi-factor authentication is available with certain plans, which strengthens security by requiring users to verify their identity before accessing their Ansarada space.

Pricing

The vendor offers transparent pricing based on data storage and project duration. For example, storing 250 MB for three months would cost $339 with unlimited users, while 4 GB for 12 months costs $1,312. Admins can easily determine the data room cost of a specific project using the Ansarada calculator.

Potential customers can also request a free trial or a 15-minute demo for a test drive.

Unique features

Ansarada stands out from other providers by offering the following tools:

• AI predictive analytics. Teams make confident decisions throughout complex deals with AI-driven insights that predict outcomes and help assess risks faster than traditional methods.
• Centralized task management. Ansarada’s easy-to-use centralized dashboards help keep everyone on the same page, minimizing the miscommunication that often happens when using multiple applications.
• AI bulk redaction. The software automatically redacts sensitive information across large volumes of documents. Specifically, it identifies and removes confidential data, helping a business stay compliant.
• Data gauge. This Ansarada-unique tool monitors data usage so users are aware of their accrued costs and resource allocation. This transparency eliminates the guesswork in managing budgets and resources.
• Automated Q&A. Common tedious and time-consuming processes are simpler with Ansarada’s automated Q&A tool. It allows users to manage queries efficiently and keep the deal moving smoothly.

Customer support

Ansarada provides expert customer assistance to ensure the guidance and resources needed at every stage of the deal. The support services include the following:

• 24/7 availability. Customers can contact a support team via phone, chat, or email anytime for assistance. All calls go directly to an expert — not a call center representative.
• Expert deal advisors. Ansarada users get help from experienced professionals, some with over 10,000 deals under their belt, who provide tailored advice and support.
• Comprehensive online resources. Executives and their teams can access hundreds of online articles and videos to learn about and navigate Ansarada features independently.

Ansarada’s dedicated support improves user confidence, minimizes downtime, and allows teams to focus on core objectives.

Document management features

Here is what the solution offers for organizing and streamlining data management:

• Automatic numerical indexing. This feature organizes files and folders by automatically assigning numerical indexes. This systematization helps users quickly locate documents and maintain a clear structure within the virtual data room.
• Drag-and-drop upload. Users can upload multiple files and folders simultaneously by dragging them into the designated interface area.
• New document email notifications. The software automatically alerts designated users when new documents are added to the data room. Notifications keep all stakeholders informed and engaged, ensuring team members don’t miss critical updates.
• Document viewing time tracking. Ansarada monitors and records how long each user spends viewing individual documents. Understanding viewing time provides insights into which documents are most relevant to stakeholders, helping teams prioritize discussions and focus on critical information during due diligence.
• Report export. Users can export activity and engagement reports directly to Excel, facilitating easy analysis outside the Ansarada platform. This feature allows teams to manipulate the data in spreadsheets further and create customized reports for presentations or deeper analysis.

With all Ansarada data management features, users can easily organize, track, and analyze their documents, simplifying the due diligence process and fostering transparency.

Pros and cons

Overall, Ansarada has many strong features that make it worth trying. The access controls are intuitive, and security settings ensure everything stays safe. Thanks to the simple user interface, you’ll become comfortable with the platform quickly. And although some things could be better, especially short-term pricing, Ansarada data room remains a fine solution for both companies and advisors.

Clientele and case studies

Here are some industries and companies that use Ansarada data rooms: 

• Financial: Visa, Morgan Stanley, UBS, Citi, Credit Suisse, and Deutsche Bank
• Investment advisory: Greenhill and Advent Partners
• Energy: Shell and Downer EDI Limited
• Real estate: Mirvac, Stockland, and Knight Frank
• Consumer goods: Coca-Cola and Nestlé
• Professional services: Deloitte, MinterEllison, and Baker McKenzie
• Government: Australian Government