Data Rooms in Germany
https://dataroomconference.com/data-room-due-diligence-for-progressive-workflow/
A data room is a secure place for the exchange of confidential documents. The most frequent applications are for interdisciplinary project management, communication between clients and lawyer or due diligence processes. The virtual alternative to the data safe that is locked offers all the advantages of a modern tool for communication and fully complies with the regulations on data protection.
Virtual data rooms are employed in Germany for many confidential business deals. This includes mergers, acquisitions or real estate transactions as well as investment projects and due diligence.
With a virtual dataroom it can be ensured that sensitive data is only accessible to users who have been granted access. This increases security and trust in the project work. Furthermore, the data rooms allow for a more efficient collaboration, and speed up the decision-making process.
The Idgard Virtual Data Room is perfect for secure collaboration with external partners, such as lawyers or clients, and to share information with internal teams. It’s also a great tool to establish effective board communications. The data room is easy to create and maintain. The data is protected from unauthorized access by using strong encryption and passwords.
The German virtual data room provider netfiles GmbH has been audited successfully in accordance with the internationally acclaimed SOC standard which is a must for businesses that wish to comply with GDPR. The solution is a member of the initiative Cloud Services Made in Germany and adheres to the strict EU guidelines for data privacy. The company’s data centers are located in Berlin, Frankfurt, and Munich. They offer lightning-fast speed and airtight safety.