A data room is a secure platform for the exchange of confidential documents. Most common uses are in the interdisciplinary project management, lawyer and client communication, or due diligence procedures. The virtual alternative to a locked data safe offers all the advantages of a modern communications platform and is fully compliant with the data protection regulations.
In Germany, virtual data rooms are used in Germany for many confidential business transactions. These include mergers and acquisitions, real estate transactions, due diligence projects, investment projects and more.
By using a virtual dataroom it can be ensured that sensitive data is only accessible by users who have been granted access. This improves the trust and security of the project. The data rooms also allow for more efficient collaboration which accelerates the decision-making process.
The Idgard Virtual Data Room is perfect for secure collaboration with external partners, such as lawyers or clients, as well as to share information with internal teams. It’s also a great tool to establish efficient board communications. The data room is simple to establish and maintain. The data is protected from unauthorized access with strong encryption and passwords.
The German virtual dataroom provider netfiles GmbH was successfully audited according to the internationally recognized SOC Standard which is vital for companies that wish to comply with GDPR. Netfiles GmbH is a part of the initiative Cloud Services Made in Germany and adheres to the strict EU data privacy guidelines. The data centers of the company are located in Berlin, Frankfurt, and Munich. They provide rapid speed and high-quality security.