OpenQ Introduces OpenQ SafeGuard™ for Managing Social Enterprise Compliance Risk

Social Compliance Suite Enables Companies to Embrace Social Enterprise Platforms with Proactive Risk Identification, Classification and Management

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OpenQ

Jun 19, 2012, 07:00 ET

CHARLOTTESVILLE, Va., June 19, 2012 /PRNewswire/ -- OpenQ, the leading provider of solutions to enable life sciences and health companies to overcome compliance and exposure risks, today introduced OpenQ SafeGuard™, a breakthrough social enterprise compliance suite for managing social compliance risk. This patent-pending technology allows companies with social compliance risk to consolidate internal and external feeds and shared files from social media and other collaboration tools to deliver accurate and complete archiving, proactive analysis, real-time review auditing and remediation.

SafeGuard™ collects activity feeds, posts and documents from social platforms, and other enterprise interactions, to proactively identify and classify business and compliance risk. An intuitive interface enables the efficient management of compliance cases with classification of risk level according to industry driven and company-defined priorities.

"Social platforms are revolutionizing business by improving a company's ability to collaborate internally and with customers, reduce costs and improve a product's competitive advantage," said Jim Zuffoletti, President, OpenQ. "However, many companies are fearful of leaking trade secrets, incurring liabilities, or committing compliance violations and have been slow to go 'Social'. With SafeGuard companies that are concerned with regulatory compliance, privacy, internal communication firewalls and brand consistency can embrace Social business and be confident that they are getting proactive, real-time risk analysis, classification and archiving." See video comments from Jim Zuffoletti.

Added Otavio Freire, Chief Technology Officer, OpenQ, "SafeGuard enables faster enterprise adoption of social collaboration and allows companies to benefit from the value created by new, social technologies for today and tomorrow. SafeGuard can work as a stand-alone system or be integrated into current social media search and archiving tools. Most importantly, SafeGuard allows you to create social policies for specific channels and enforce the policies guaranteeing that they stand-up to internal audit processes." See video comments from Otavio Freire.

The product will be available for demonstration at the Center for Business Intelligence's Third Annual Life Sciences Social Media Regulations and Compliance conference in Alexandria, VA, June 19-20; at the Drug Information Association annual meeting, June 24-28, Philadelphia, PA; and at the ExL Pharma Digital Pharma West conference, June 25-28, San Francisco, CA. In addition, the product will be discussed during a complimentary webinar with Pharmaceutical Executive Magazine, June 27th, 10:00 AM EDT and on-demand following the webinar on the company's website www.pharmexec.com/socialmedia.

About OpenQ:

OpenQ enables social and mobile collaboration to create competitive advantage while overcoming compliance and exposure risks. OpenQ is a cloud-based technology and validated-data provider with the largest suite of life sciences- and healthcare-based social compliance solutions on the market. Our products help organizations recognize the value of customer collaboration while protecting for compliance. The company offers award-winning, efficient and effective solutions for social compliance, compliant content management and key stakeholder engagement.

Based in Charlottesville, VA and with offices in Europe, South America and Asia, OpenQ has a growing client list that spans the globe, including Global Fortune 500 companies, healthcare organizations and early stage biotech companies.

OpenQ invests heavily in product development, adapting to meet the changing needs of our customers with an evolutionary, continuous improvement approach. Our modular solutions work as Software-as-a-Service (SaaS) and Data-as-a-Service (DaaS) and are available on a variety of platforms, including Force.com, Apple iPad, and Oracle Cloud.

To learn more about OpenQ's offerings, visit www.OpenQ.com.

Contact: Marion Janic (212) 223-4017 or [email protected]

SOURCE OpenQ