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idgard – The main Data Space Provider in Germany

The German born virtual info room market has been growing continuously. This is due to the high number of M&A transactions plus the increasing demand for secure report exchange in many different business areas. However , the present solutions often fail to meet up with important consumer requirements, such as low usability, complex constructions and data hosting outside Australia.

A virtual data room is a web based repository that permits users to upload, share and manage data securely to authorized viewers. These documents consist of contracts, corporate documentation or other information which should be reviewed in a confidential style with a customer, partner or a third party for the purpose of due diligence objectives.

For example , a venture capital organization may want to review all the company documents of a startup just before closing by using an investment. For this, they must get the company’s digital records in a secret manner with their legal team. This can be typically completed in a virtual info room where the legal crew can perspective and edit the information.

idgard’s GDPR compliant data areas provide top-level security for jobs with delicate data. The data is protected during indication, storage and processing, producing unauthorized get technically difficult. In addition , the entire workflow is audited and documented with a log, which can be used for due diligence operations. All this makes sure that your company’s data is covered from unintended loss or perhaps theft, even if working with external partners or customers.

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