Data Rooms in Germany

A data room is a place to exchange information for confidential documents. The most commonly used use cases are in interdisciplinary project management, communication between clients and lawyer or due diligence processes. The virtual alternative to a locked safe for data offers all the advantages of a modern communication platform and is fully compliant with the data protection regulations.

Virtual data rooms are utilized in Germany for a variety of business transactions. This includes mergers and acquisitions real estate transactions, due diligence, investment projects and many more.

A virtual data room guarantees that the confidential information can only be accessed by sanctioned users. This increases the security and trustworthiness of the project. Additionally, the data rooms allow for more efficient collaboration, and speed up the decision-making process.

The Idgard virtual data room is ideal for secure collaboration with external partners, like lawyers or clients, as well as to share information with internal teams. It’s also an excellent instrument for establishing effective board communications. The data room is simple to create and maintain. The data is secured from unauthorized access with strong encryption and passwords.

The German virtual dataroom provider netfiles GmbH was audited successfully following the internationally recognized SOC Standard which is vital for businesses who wish to be compliant with GDPR. The solution is a part of the initiative Cloud Services Made in Germany and adheres to strict EU privacy guidelines. The company’s data centers are located in Berlin, Frankfurt, and Munich. They provide lightning-fast speed and airtight security.

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