The UK-based virtual data room platform, Ruby Datum, has been chosen to handle the transfer process of 30 terabytes of information following the high-profile collapse of King & Wood Mallesons’ (KWM) in January.
Ruby Datam will be facilitating the extraction, storage and distribution of millions of documents to multiple purchasers following their appointment by administrators Andrew Hosking and Sean Bucknall of Quantuma LLP.
Hosking described Ruby Datam as the ‘obvious choice’ given the time-pressures involved.
Tom Godwin, Head of Client Services at Ruby Datum, commented:
“Our virtual data room platform and our technical support team have facilitated the administration process so as to ensure the speedy extraction and transfer of data to purchasers and to ensure that the impact on KWM’s clients is minimised as much as possible. This is a significant project and it is our top priority to provide an efficient and secure service to all parties involved.”
About Ruby Datum
Ruby Datum offers the next generation in online data room and contract management services. It has a dedicated mobile user interface so you can take your virtual data room out the office. View Ruby Datum’s Legal Geek profile or find Ruby Datum via the LawTech Startup Map