In any industry, social compliance and risk management are the basics for sound corporate governance and these two elements are important to implement into business continuity plans.

OpenQ SafeGuard has been introduced by OpenQ, a provider of solutions to enable life sciences and health companies to overcome compliance and exposure risks, to manage social compliance risk.

Based on company’s patent-pending technology, OpenQ SafeGuard 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.

"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." added Zuffoletti.

 According to a press release, SafeGuard gathers activity feeds, posts and documents from social platforms, and other enterprise interactions, to proactively identify and classify business and compliance risk.

 This interface enables the efficient management of compliance cases with classification of risk level according to industry driven and company-defined priorities.

 The people interested in this product can see this 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 (News - Alert). 

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