Achim Weick, Founder & CEO
The global economy has produced numerous opportunities for fueling the growth and success rate of businesses, but has also heightened the need for governance, oversight, and formal corporate compliance. The risk of potential personal liability along with the desire to serve the company and its stakeholders is becoming a major concern for CFOs worldwide, thereby compelling them to adopt robust compliance solutions. This is where EQS Group is moving the needle.
One of the leading international providers of regulatory technology (RegTech) in the fields of corporate compliance and investor relations, EQS Group helps several companies worldwide in fulfilling complex national and international disclosure obligations, minimising risks and ensuring transparency with stakeholders.
In essence, the company’s products are pooled in the cloud-based software EQS COCKPIT that guarantees of a strong professional control of compliance workflows in the fields of whistleblower protection and case management, policy management, disclosure obligations, and similar issues. Either as a single module or combined with all EQS compliance solutions in the Compliance Cockpit, the company gives customers the choice to choose solutions that best meet their needs. Compliance Cockpit integrates all the essential compliance functions and workflows under one platform. In addition to that, the EQS Integrity Line assures of the best whistleblower system with anonymous dialogue function. The ready-to-use system comes with sophisticated features that are GDPR compliant and in accordance with ISO 27001.
From comprehensive case management with intelligent workflows to providing granular authorisation concept with need-to-know principle, the company’s proficient solution provides a comprehensive overview of clients’ compliance functions, credits to its central digital policy library. Besides, the EQS Policy Manager cleans up policy related chaos and helps in managing/distributing internal policies effectively and cost-efficiently.
The solution also allows employees to automatically receive the guidelines relevant to them and even allows them to confirm policies digitally by clicking or uploading functionalities. Through this feature, employees can readily create meaningful reports on policies at the touch of a button. On the other hand, EQS Approval Manager, manages gifts, invitations, and conflicts at one central location and maintains a register with the records of the same.
In essence, EQS Group’s whistle blowing software suits businesses of all sizes. With an intuitive user interface, the solution has shown successful results in almost 165 countries. This makes it usable in any language and fortifies the data security and compliance needs of companies across the globe. To that end, it even helps in securely reporting of digital channels through the anonymous dialogue function and roots for integrated case management for easy case handling. Structured forensic data collection, deep dive for real-time data analysis, benchmarking of compliance modules are some of the added functionalities that the EQS Integrity Line is capable of streamlining. Besides, it also imposes advanced restrictions and granular configurable security via interface connectivity options like the SSO or API, and multi system options.
To understand the efficacy of EQS Group’s products, let us delve deep into one of its case studies wherein the company partnered with Schneider Electric. An active participant in energy distribution and industrial automation, Schneider Electric normally maintained insider lists using Excel sheets. Soon as the European Market Abuse Regulation (MAR) came into effect, the company found themselves in desperate need to log the Excel files for every change, i.e. almost daily, as from now on they need to be created within 24 hours. Schneider Electric attended workshops for issuers on the implementation of MAR and transform its processes digitally where it came across EQS Group. Soon, the duo closed in on the EQS Insider Manager and conducted in-depth search. During their first demo, Electric saw that the platform was very user-friendly and much more cost-effective than other solutions. All in all, the EQS solution made sending emails via a platform not only more efficient, but also brought Schneider Electric Group’s goal of digitising our processes come true.
This is but one of the many success stories that EQS Group has orchestrated so far along its journey. With innovation at its core, there is no doubt that the company will continue to take giant strides in making risk and credit management a cake-walk for companies worldwide.