Privacysoft is a tool for operational data protection management from Projekt 29 GmbH & Co. KG. Its modules include the record of processing activities, data processing agreements, a ticket system, technical and organisational measures, accountability and data subject rights, risk and impact assessments, audits, document management and training. The software is aimed at companies of every size, practices, public authorities, chambers and associations, and at internal and external data protection officers. The provider takes care of IT administration, maintenance and updates.
Projekt 29 GmbH & Co. KG is based in Regensburg, Germany; no outside owner is named. According to the website, the IT infrastructure is housed in a German Privacysoft data centre. For a European organisation this means data about your processing activities stays within the EU and under German law. No self-hosted variant is mentioned. Ask the vendor about the data processing agreement and about export options for your data.