In response to rapidly growing marketplace demand for its products, risk and compliance software and services company NAVEX Global is expanding its presence in the UK and across the EU to serve a wider range of customers in the region and accelerate the adoption of its world-class risk and compliance management solutions.
Key among steps taken are the recent acquisition of UK-based whistleblowing hotline service provider Expolink; hiring of Giles Newman as EMEA Managing Director; and establishing a second UK office in Chippenham to complement the company’s existing facility in West London.
“Our customers want a holistic, regionally specific approach to risk and compliance management,” said Bob Conlin, President & CEO of NAVEX Global. “The acquisition of Expolink, the region’s most experienced independent whistleblowing hotline service provider, strengthens our existing capabilities for hotline intake and further validates our position as the premiere global provider of risk and compliance solutions.”
Demand for automated risk and compliance technology, especially hotline reporting systems, has increased considerably in the UK and Europe in recent years. More intense regulatory oversight, along with employees’ desire for management transparency, has motivated organisations across the region to implement robust compliance programmes. Among the most significant regulatory changes is the Whistleblowing Directive passed by the European Union Parliament in April of this year.
To ensure smooth integration of the two companies and better manage the increased responsibilities of a growing customer base, NAVEX Global recently named Giles Newman as its new EMEA Managing Director. Newman, who will be based in London, brings nearly 30 years of technology and global expansion experience to the company’s EMEA operations.
“A big part of managing risk is ensuring business practices are compliant with new regulations,” said Newman. “New and pending legislation across the EMEA region make it all the more important for customers to work with a trusted solution partner to help address this increased regulatory scrutiny.”