Collaboration Strategy Proves a Winner for Compliance Firm
Cork, Ireland - November 19, 2010 - The success of the partnership strategy adopted by QUMAS, the leading provider of Compliance Solutions to highly regulated organizations, was recognised by the Irish Software Association (ISA) this week when QUMAS was awarded the Business Collaboration of the Year Award for its partnership with LexisNexis.
Pictured at the Software Industry Awards, (l-r) Michael Martin, Irish Software Innovation Network (ISIN) Manager, Julie Aherne, Head of Marketing Communications QUMAS and Sean Baker, ISA Chairman.
The ISA Award acknowledged the strategic importance of the collaboration with LexisNexis, which embeds and integrates world-class content, information analytics and regulatory content from LexisNexis into the QUMAS compliance management solution.
“We are delighted to accept the ISA Business Collaboration of the Year Award. It has been an exciting year for QUMAS and LexisNexis; this award is a testament to the strong commitment of both companies to provide a world-class compliance solution; LexisNexis® Compliance Manager powered by QUMAS. Through the integration of LexisNexis’ regulatory and business intelligence solution with the leading compliance technology from QUMAS, organizations now have a more efficient, complete and timely compliance management solution to help them with change management – whether from regulatory changes, changing external environments, international expansion, or other impacts. This enables them to view and manage compliance more holistically across the enterprise”, said Kevin O’Leary, Chief Executive, QUMAS.
Recent client wins for QUMAS include Takeda Corporation, Mannkind Corporation, Siena Biotech and EirGen Pharma as well as one of the world’s top five Automotive firms. Due to the level of growth QUMAS has been steadily extending their team both in Europe and the U.S. in recent months.
QUMAS is the leader in Enterprise Compliance Solutions with more than 250 global customer deployments and over a decade of experience helping companies in highly regulated industries. Founded in Cork in 1994, QUMAS currently employs over 75 staff in offices in Europe and USA, and provides solutions for the world’s leading pharmaceutical and financial organisations. Acknowledged by Forrester as the market leader in the Enterprise Governance, Risk and Compliance Management software, QUMAS has been recognised by Ernst & Young in the Entrepreneur of the Year programme, the Deloitte Best Managed Companies, Irish Exporters Association and the Irish Software Association.
LexisNexis® (www.lexisnexis.com) is a leading global provider of content-enabled workflow solutions designed specifically for professionals in the legal, risk management, corporate, government, law enforcement, accounting and academic markets. LexisNexis originally pioneered online information with its Lexis® and Nexis® services. A member of Reed Elsevier [NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), LexisNexis serves customers in more than 100 countries with 15,000 employees worldwide.