HOUSTON, Aug. 10, 2017 /PRNewswire/ -- Requestek, LLC, the software company formed by the founders of Lateral Data, LP, developers of the all-in-one Viewpoint eDiscovery software, today announced the release of Propel, a new virtual data room and file sharing platform for law firms, financial intermediaries, investment firms and corporations.
Designed as a single secure platform to replace organizations' costly and redundant document sharing tools and processes—FTP sites, costly IT installations, consumer-grade file sharing sites, corporate email systems, network shares, physical deal rooms and paper filing systems—Propel brings centralization, automation and control to teams seeking a more efficient and secure way to exchange and manage their confidential and business-critical data.
Propel meets a variety of document sharing needs. Solutions include:
- Virtual Deal Rooms (VDR): Secure online deal rooms for merger and acquisition due diligence and other time-sensitive, confidential transactions, making deals more secure, easier to manage, and faster to close.
- Secure External Collaboration: For sharing documents with external parties, such as clients, vendors or third parties requesting information.
- Internal File Sharing: A knowledge management platform to increase employee productivity, empowering individuals and teams to share work product, marketing and sales information, practice management data, contracts, and more.
- Dynamic Litigation Workspaces: For hosting pleadings, transcripts, depositions and other case-specific documents and sharing with litigation team members, clients and opposing counsel.
"The troves of daily communication between an organization's internal and external constituents that need to be exchanged, controlled, managed and secured present a growing source of complexity and data risk," said Matthew Berry, President and CEO, Requestek. "Propel helps teams unlock productivity and mitigate the risk of sensitive data being exposed outside of the organization, using just one highly secure platform that can be used for a variety of use cases."
The Propel leadership team brings more than three decades of combined experience in developing highly secure electronic discovery and data management solutions for law firms, corporations and legal service providers. With Propel's intuitive user interface, users can create and replicate data rooms in seconds, restrict access, require authentication, watermark documents, and gather insights into when, where and how and for how long documents are accessed, allowing for complete control over sensitive data.
Unlike the file-sharing tools currently available, Propel can be flexibly deployed based on an organization's requirements: on premises, in the cloud, or as a hosted solution.
Propel will showcase the benefits of its platform to law firms, law departments and electronic discovery service providers August 13-17, 2017 at the ILTACON 2017 conference in Las Vegas, the largest educational event for the legal sector. For more information, contact firstname.lastname@example.org.
About Requestek, Developers of Propel
Requestek is a global software development company helping organizations streamline the way they collaborate on and share legal and business information, with expertise in data management and collaboration, analytics and automation. Propel, the company's virtual data room and file sharing platform, is changing the way businesses interact with their employees, clients and other constituents, creating value by improving productivity, simplifying critical business processes, and locking down sensitive data. Learn more at www.propeldocs.com.
Guy Ladetzky, Propel, email@example.com
View original content with multimedia:http://www.prnewswire.com/news-releases/propel-virtual-data-room-platform-transforms-how-companies-share-control-and-secure-documents-300502457.html