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Equity signs new corporate governance deals in Mideast

DUBAI, April 29, 2015

Equity, a leader of governance and legal management software solutions for major corporations, has signed significant new contracts in the Middle East.

The French firm’s new references result from the combination of three factors: know-how and expertise in the field of software development, closeness to customers which allows a deep knowledge of their preoccupations concerning governance but also a true desire to always provide innovative applications.

Working closely with its customers, Equity develops high-performance solutions to help bring appropriate solutions to a number of challenges that corporations are facing, thus fulfilling various needs and getting a strong understanding of the Middle Eastern market.

The company already has customers using its solutions in Saudi Arabia, Qatar, UAE, Turkey and Lebanon.

Equity’s corporate governance key solutions Visual Scope and Visual Sign continue to convince major groups in Europe and the Middle East.

Visual Scope is a central data repository that provides a common framework for the monitoring of shareholders, subsidiaries, boards and participations for greater visibility and compliance. In parallel, Visual Sign enables companies to organise and control their POAs (Power of Attorney) and delegation of authority trees in order to reduce legal and financial risks. Additionally, Visual Sign is designed to maintain complete and detailed view of a company’s global banking relationships.

The application provides full visibility and real-time control of all BAM operations (Bank Account Management), including opening, closing, maintaining and tracking bank account and signatory activities. On the other hand, LeadingBoards is providing a very user-friendly and efficient portal for dematerialised boards and committee meetings accessible through iPads and web browsers.

Yves Garagnon, chief executive officer, said: “ I hope to continue to expand our development outside France. In fact, we carry out today a quarter of our activities outside France. I want to rely on the presence already established in Europe, around the Mediterranean and in the Gulf in order to accelerate this movement and to realise half of our turnover internationally within three years.

“My goal is to have a successful and ambitious growth strategy founded on the particular attention we pay to satisfy our customers needs.” - TradeArabia News Service




Tags: Middle East | Software | contract | equity | corporate | Governance |

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