A virtual dataroom (VDR) allows you to securely store and share sensitive documents with authorized users. This includes document exchanges during the course of M&A projects due diligence or between professional secrecy holders. It is a must-have instrument for a range of business transactions.
When choosing a VDR make sure that the provider offers top-notch security, and that it meets the requirements of the user. These include secure access to the VDR by third parties, audit-proof logging and watermarks. The software must also be multilingual and mobile-friendly. idgard’s virtual datarooms meet these requirements and have been endorsed by TUV Sud according to the SOC Standard.
Particularly in German-speaking countries, digital data rooms are an integral element of corporate transactions as well as real estate sales. Transactions of the multi-million dollar range are executed through them each month by renowned businesses, banks, law firms institutions, family offices and other private individuals. However high costs, long terms as well as a limited range of design options and complicated structures are often brought into play when selecting a VDR provider. The German provider dataroomX(r) stands out with transparent costs, a predicable fixed rate and easy-to-use software.