One of the leading trends in the development of the system of board governance in the world is the tendency to create a system that does not oppose “managers” and “controlled”, but blurs the line between them, uniting them in a common goal – to increase the efficiency of decisions via board portal software.

Board Management Tool as an Integral Part of Mastering Board Governance

The board portal software considers attracting the population to the allocation of priority areas for spending funds from local budgets, to the implementation of the most rational projects, and then to control by citizens and public associations. The advantage of using the initiative budgeting mechanism is the creation of an expanded system of users of information about the budget process in an accessible and understandable format for citizens. The effectiveness of this mechanism is twofold: the population actively participates in the development of the infrastructure of municipalities, and local governments optimize the management of public finances.

Numerous boards of directors already follow the principle of group reflection using the board management tool. However, this usually takes the form of an annual assessment — a legal requirement in many countries — and rarely results in efficiency gains. And an agile approach would be helpful here. For example, it would be much more practical and efficient to conduct an informal assessment at the end of each meeting. The questions should not be difficult: “What happened today? What didn’t work out? What can we improve next time?

When considering the general principles set out in the board portal software, national authorities need to take into account the general situation in their jurisdictions, including the supervisory approach and regulatory framework, as well as the risks present in the country, again taking into account the global spread of virtual asset activities. These challenges have had a significant impact on the business of companies and have posed numerous current and strategic questions for Russian directors, the answer to which will allow the companies’ businesses to adapt to the crisis conditions. Changes are also taking place in the boards of directors themselves.

Performance indicators (metrics) are a challenging task for mastering board governance. In many cases, metrics are no longer relevant in calendar year-end companies. Committees with a later fiscal year face the opposite dilemma: trying to set targets during a period of significant uncertainty while addressing the dilution and contingency issues of potentially artificially low stock prices.

The Main Advantages of Mastering Board Governance with Board Portal Software

• The board governance should contribute to the settlement of corporate conflicts, all shareholders should be given the opportunity to receive effective protection in case of violation of their rights.
• The board governance with board portal software should play a key role in taking measures to prevent and resolve conflicts with board portal software (as well as minimize its consequences) between the body of the company and its shareholder, as well as between shareholders, if such a conflict affects the interests of the company, use out-of-court dispute resolution procedures, including mediation.
• A special role in the prevention of corporate conflicts should be played by independent directors of the company, who must first assess the actions and decisions of the company that may lead to a corporate conflict, and in the event of a negative conclusion of which the corresponding actions are not recommended to be taken.

Are you interested in digital painting but do not know which application is better to choose? This article will consider free drawing software that can be also used for business and laptop drawing as well.

Drawing software and its functionality

More and more companies are following the trend towards digital transformation and business process automation. Digital art has become the norm with a wide range of programs that let you draw and paint on a virtual canvas. Often these programs focus on a specific aspect such as design, illustration, or photo manipulation.

Drawing programs can be used for CAD software, such as 3D structures for architecture, or they can focus on graphic design such as shapes, banners, and logos. General design software will focus on one or the other. Illustrative programs can often include graphic design elements in their interface, but will also have a number of additional options for working with color and shading.

Artists can go from drawing directly on the paper to drawing on digital canvas or overlay. The difference is that the information is collected digitally and filtered directly into the digital illustration interface.

Types of digital illustration tools include:

• raster graphics tools. Raster maps indicate the exact color of each pixel in linear and bar formats;
• vector graphics applications. Vector graphics rely on algorithms and mathematical formulas to display mappings.

Drawing services options

Let`s consider the best programs for creating art on a personal computer for both amateur and professional. The most well-known platforms include the following:

• NET. This is a basic art program that is included in almost every copy of the Windows platform. She has all the necessary tools for the initial drawing: brush, pencil, eraser, and fill. And each tool in a dozen varieties: thickness, saturation, odds, etc.
• One of the main features of the utility is the infinite canvas size and imitation of the materials of real art canvases. And also – smears and lines, close to real brushes and drawing tools, overlaying layers, stylizing paintings like oil and watercolors, creating comics and layouts, correcting photos, and adjusting the location of panels depending on personal preferences.
• Another well-designed program for creating pop art and complex drawing. The utility allows you to perform any operations with contours, edit the gradient, change the style and type of nodes. In general, the software provides almost everything to draw professional masterpieces of art.
• It is a graphic editor aimed at novice artists. The drawing program implements a simple interface coupled with unlimited canvas sizes. It’s also a great set of brushes that lets you draw pictures on your computer, just like on a canvas!
• A free graphic editor that claims to be Adobe Photoshop. This program simulates drawing with oil, paint, pencil, chalk, brush, etc. It is possible to work with layers, convert images to different formats, compress, etc.
• Smooth Draw. An excellent graphic editor, with many options for image processing and creation. Basically, the program focuses on creating images from scratch, from the white and clean canvas.

In this article, we will discuss the functionality of using Virtual Data Room and analyze the best Data Room services.

Virtual data room – a professional approach to Due Diligence

Virtual Data Room (VDR) is an invention in the world of modern technologies.  It is a service, which solves the problem of convenient and fast synchronization of information on all devices of one or more users. Whether it’s a smartphone, home, or work computer, you always have access to photos, projects, and files.

Virtual Data Room is widely used during the Due Diligence process for the following purposes:

• Information disclosure during the preparation period for equity transactions: use Diligence online, simultaneous access to documentation for all parties involved in the transaction
• Financial restructuring after the M&A process: working with the reporting documentation of merging companies to combine financial systems.
• Using VDR to prepare for a dual-track deal: VDR is set up for potential bidders (from English Bidder: a. Bidder; b. Buyer, firm negotiating a purchase;) when looking for a strategic investor, and for underwriters when entering an IPO Data storage in a corporate vault: one safe place for all your critical business.

Data room is a safe tool for your business transmissions

Data encryption in VDR includes the next points:

• 1024-bit encryption for data transmission
• SSL (Secure Sockets Layer) based on 128-bit encryption – a secure channel that mixes data, protecting it from unauthorized access during the Internet session.
• Secure dynamic code is used to access each document.
• The viewed documents do not leave magnetic traces on the user’s computer.
• The document database is encrypted and even the technical support personnel cannot access the passwords.

Besides, access to the Virtual Room is carried out only through invitations sent by the system to potential users. Only authorized parties can receive these invitations. All user actions are monitored, and if an unauthorized entry is diagnosed, the system automatically blocks access from these IP addresses. The owner of the transaction can easily manage the activities of users, using the hierarchy of rights of categories of users in relation to certain documents. All passwords are encoded and stored in a database, which in turn is mixed. Password requirements include a minimum number of characters and the required password change at regular intervals. The application reporting engine provides accurate auditing of user sessions and activities.

Best data room services

Among the most commonly used VDR in the marketplace are the following options:

• Vaulterix
• Firmex 
• Intralinks
• MerillDatasite
• Citrix ShareFile
• iDeals

Vaulterix Virtual Data Room – allows you to securely store and provide access to employees and external users to company data, restricts the ability to work with documents only in the browser. Produce marking documents and protect the contents of files from unauthorized attempts to take pictures screen, copy text, and output the document to printing.

• Reduction of incidents related to leakage and compromising company data;
• Reduced investigation costs incidents – the history of the work of each employee with each separate document;
• Managing access to company data, where whatever they are (DRM). Possibility of revocation previously granted rights;
• Possibility of automatic marking documents loaded into the system.

For the computer game industry, the use of cloud services has become a real breakthrough, because now every player can try any product developer, regardless of the power of your device. So, in this article, we will discuss the basics of using cloud technologies and analyze cloud gaming services, including Vortex cloud gaming.

Cloud games: how they work?

Cloud technologies are a radically new service that allows remote use of data processing and storage. This technology provides Internet users with access to server computer resources and the use of software as an online service.

Cloud games are those that are processed in the company’s cloud storage and transferred to the user’s device. This means that the gamer does not need a state-of-the-art video card or a powerful processor, but a high-quality connection with minimal latency.

Cloud Gaming is basically a technology for streaming games (like Netflix – streaming video service). The service allows you to play the game on a cloud server and broadcast audio and video games in a web browser.

Experts  highlight the following benefits of using cloud services:

• Cloud services often offer more robust data recovery mechanisms that organizations often forget about or invest in.
• Cloud services can be quickly set up as well as scaled as the business grows.
• Cost reduction. Thanks to cloud games, more and more people can play high-end games for a small subscription fee.

Сloud service in gaming – where to play?

In fact, there is a great choice of cloud gaming platforms, due to the fact that this industry has been developing rapidly in recent years. So, let`s take a look at the most popular and powerful cloud utilities in gaming:

• GeForce Now
• PlayStation Now
• Google Stadia
• Playkey
• Vortex
• Parsec Cloud Gaming
• Blacknut
• LiquidSky
• xCloud
• Shadow

Why Vortex?

This is a service that allows you to play directly in the browser. The player can use not only his computer but also a TV, laptop, or phone without reference to the manufacturer’s brand. The service catalog contains more than 173 items. The advantage of this service is its versatility, as it can be obtained both in the browser and in applications for Windows 10 and  Android. There is support for HD images, but the developers promise support for Full HD overtime for all submitted titles.

The first thing that catches your eye when you get acquainted with Vortex is the speed of work and the convenience of the interfaces. The site and all applications are made just fine, and the search speed is just instant. Games also launch very quickly. This experience of interacting with the interface immediately sets you up in a positive way.

Part of the Vortex library is free. These are multiplayer games. To run them, you must have the appropriate accounts (EGS, Origin, Riot Games, and so on).