United Arab Emirates ; September 9, 2015 - EQUITY, leader of governance and legal management software solutions for major corporations, continues its development and announces the signing of significant new contracts in the Middle East.

EQUITY, French governance and legal management solutions provider for large and medium corporations, announces the signing of contracts with new prestigious customers. These 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 bringing 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 KSA, 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 organize 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), e.g  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 dematerialized Boards and committee meetings accessible through iPads and web browsers.

Among the corporations that have recently chosen to use at least one of EQUITY’s corporate governance solutions to guarantee the management of information related to the structure of their holdings, subsidiaries and participations, it is worth mentioning:

• Almarai (Saudi Arabia): the largest vertically-integrated dairy company in the Middle East.
• Majid Al Futtaim Retail (United Arab Emirates): The leading shopping mall, retail and leisure pioneer across the Middle East and North Africa.
• Chalhoub Group (United Arab Emirates): One of the leading forces and brand building in the luxury business in the Middle East.
• QInvest (Qatar): Qatar's leading investment bank and one of the most prominent Islamic financial institutions in the world.
• Debbané Group: One of the leaders in horticulture, agriculture, landscaping, wine making, industrial insulation and Telecom infrastructure in Lebanon, ME and Africa.
• Obegi Group: One of the leaders in chemicals, agri-business, consumer goods and financial activities in Lebanon and MENA region.
• Koç Group: the largest group of companies in Turkey and one of the largest in Europe with activities in energy, automotive, consumer durables and finance sectors. 

The conquest of international markets is one of the priorities of EQUITY’s growth strategy. Yves Garagnon, CEO of EQUITY, says: “ 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 realize half of our turnover internationally within 3 years.”

Garagnon added: “ My goal is to have a successful and ambitious growth strategy founded on the particular attention we pay to satisfy our customers needs. ”

About EQUITY: Over 20 Years of Legal and Governance Expertise

EQUITY is an independent and experienced software and consulting firm covering the complex problems inherent to global groups but also enabling even smaller size corporations to use simple, efficient and durable solutions. EQUITY offers a complete range of solutions and services dedicated to Corporate Governance regarding legal, financial and internal control fields. EQUITY is committed each day vis-à-vis its customers in more than 40 countries to assisting their managers in achieving their goals in terms of compliance, operational efficiency, transparency as well as legal and financial communication. More than half of the CAC 40 (French stock-index) companies as well as major groups in Europe and the Middle East trust EQUITY : Accor, Air Liquide, BNP Paribas, Capgemini, Carrefour, Crédit Agricole, EDF, GDF Suez, LVMH, MAF Retail, Pernod Ricard, Renault, Rexel, RTL, Safran, Société Générale, Solvay, Veolia Environnement, UMG, Vivendi, Fiera Milano, Zambon, Sogefi Group to name but a few.