Diligent, the global, AI-driven leader in governance, risk and compliance (GRC) SaaS solutions, announced the launch of Diligent Data Room: an AI-powered secure collaboration platform serving as a central system of record for sensitive materials and corporate documents, streamlining operational workflows and accelerating due diligence for capital-raising, M&A, and IPO processes.
With Diligent Data Room, seamlessly integrated into Diligent’s comprehensive governance and compliance platform, the cost and complexity associated with standalone virtual data rooms are eliminated, enabling continuous transaction readiness within a unified governance workflow.
Building upon Diligent’s successful introduction of its GovernAI capabilities earlier this year, Diligent Data Room raises the bar for secure, efficient deal-making backed by more than two decades of experience supporting over 25,000 organizations worldwide.
The new solution empowers CFOs, legal teams, M&A professionals, and IT leaders to execute high-stakes transactions with precision and speed, leveraging advanced infrastructure and robust controls to instill confidence in every critical decision.
“In high-stakes transactions, the margin between success and failure is often measured in hours, not days,” said Nithya Das, general manager, Governance at Diligent. “Diligent Data Room is designed to help organizations seize the moment by transforming the way they manage information, collaborate with stakeholders, and respond to opportunities – turning what was once a chaotic process into a strategic advantage.”
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In a recent survey of more than 200 global executives and governance professionals by the Diligent Institute, 97% of respondents reported significant challenges in transaction readiness, with low technology adoption across the board being a major barrier. Among organizations implementing technology, secure data rooms came out as the most adopted solution underlining their critical role in successful transactions.
Diligent’s new offering closes this readiness gap and helps organizations maintain peak preparedness for urgent due-diligence requirements with much greater ease and speed.
“Diligent Data Room has transformed how we handle sensitive information across our organization,” said Krystyna Kwintal, Manager of the Executive Office at Flexco, a manufacturing company operating in over 150 countries with more than 1,800 distribution partners. “Having enterprise-grade data room functionality integrated directly into our board management platform means we’re always prepared, whether it’s sharing materials with our 130+ shareholders or having our board and executives collaborate on documents before meetings. We don’t need multiple systems; everything is centralized in one secure platform.
Unlike stand-alone solutions, Diligent Data Room is part of an integrated governance environment and provides a single, secure interface that allows organizations to store, collaborate on, and manage sensitive documents internally with just one click.
Key capabilities of Diligent Data Room include:
• AI Document Summaries: Automatically summarises documents for quicker decision-making and due-diligence.
• Complete Activity Visibility: The detailed analytics of engagement coupled with audit trails monitor the document activities to support compliance and stakeholder transparency.
• Streamlined Access Management: Fine-grained user permissions, one-click secure sharing, and member privacy controls reduce administrative overhead without sacrificing security.
• Enterprise-Grade Security: Features such as custom watermarking, forced click-through NDAs, and view-only permissions prevent unauthorized access and data leakage.
• Seamless Platform Integration: Native integrations with Diligent Boards and Diligent Entities, as well as with Microsoft 365 and Google Workspace, drive secure collaboration and efficiency.