search

On December 5, eProseed was granted the “IT Development Company of the Year” award by the members of the Luxembourg ICT community.  Some 650 CIOs and IT leaders from all industries had gathered to participate in the annual IT One Gala Dinner during which the names of the award winners were revealed.

Geoffroy de Lamalle, founder and chairman of the board, is pleased to announce that eProseed was elected “IT Development Company of the Year” by the jury of the Luxembourg ICT Awards during the 11th IT One Gala that took place last December 5. The decision to award eProseed with this prize was founded on the company’s excellence in carrying out complex software development projects. This award recognizes the quality of the services offered by eProseed along with the ability of the company to explore new paths and expand the scope of application of technology.

Easing the way toward GDPR

The decisive point that justified the jury’s choice was the GDPR Compliance Support Tool, a software tool enabling organizations to self-assess their level of compliance with the EU General Data Protection Regulation, which comes into force in May 2018. The GDPR Compliance Support Tool was developed in tight collaboration with Luxembourg’s data protection authority (CNPD), the Luxembourg Institute of Science and Technology (LIST) and Digital Luxembourg, the government initiative that supports public and private actions in the digital area. A tool of this kind is a premiere in the European Union.

“This award, which honors us, is illustrative of the benefits of developing an ecosystem of partners combining their resources and respective strengths. The transformational potential of such an ecosystem resides in the desire of all the stakeholders to innovate and to make progress by conducting a permanent and in-depth dialogue on sizeable challenges, like those raised by the new European General Data Protection Regulation”, said Geoffroy de Lamalle.

Commenting on the impact of the new regulation, Geoffroy de Lamalle added: “The GDPR represents the biggest change to data protection laws in over 20 years and will make Europe a world leader in data protection. The GDPR also fits into the larger context of transparency. This is an opportunity for businesses – especially for highly regulated industries – to take ownership of the new expectations around data use to stay ahead of the competition. Effective data use is critical to success in an increasingly competitive landscape, with the nascent API economy only likely to accelerate this trend.”

Simplifying complexity in regulatory compliance

The GDPR Compliance Support Tool is part of FSIP, a comprehensive suite of regulatory compliance tools created by eProseed, providing transparency by enabling real time oversight of even the most complex activities.

“At eProseed, we are convinced that now is the perfect time to think about the changing regulatory environment more generally and the potential impact on how businesses are using data”, stated Geoffroy de Lamalle. “Therefore, our vision for the years to come is to enable better integration and tracking of personal data – beyond GDPR – and ensure complete traceability of private information residing or transiting in each information system. These are the reasons why we have developed FSIP, a suite of innovative solutions that meets those requirements and provides businesses with real-time control”.

Envisioned and established in the wake of the global financial crisis in recognition of growing regulatory complexity, eProseed’s flagship software, FSIP, has been developed over the past 4 years to provide innovative simplicity whilst retaining or improving control. Originally intended for financial regulators and central banks, FSIP now addresses a wider range of vertical industries (financial, insurance, investment funds) and horizontal needs (data protection regulated systems) through dedicated modules.

About eProseed

A fast-growing ICT services and software company, eProseed is headquartered in Luxembourg, a leading financial and digital center in the heart of Europe, with an advanced legal and regulatory framework encouraging innovation and high value-added activities. eProseed has offices in Beirut (LB), Brussels (BE), Dubai (AE), London (UK), New York (USA), Porto (PT), Riyadh (SAU), Sydney (AU), and Utrecht (NL).

eProseed is experiencing consistent expansion in both domestic and foreign markets and is exporting its expertise within and beyond Europe, from the Middle East to Australia and the USA, and providing software tools and professional services to multiple private and public organizations across all regulated sectors.

eProseed is a member of the Dodecalab Group, a portfolio of leading technology advisory companies including eProseedRTC, iMendos, and Hillios.

Read more

LIST and Expon Capital to attract AI companies to Luxembourg

28-03-2024

The Luxembourg Institute of Science and Technology and VC company Expon Capital have joined forces to identify R&D opportunities in artificial intelligence.
Read more

Enabling value creation from data

15-01-2024

Data-based research can generate a multitude of knowledge in the health space, but it is a complex issue as health data is highly sensitive and protected by strict European and national regulations. The Luxembourg National Data Service is a pioneering initiative aimed at developing solutions for the safe, secure and legal sharing and reuse of data.
Read more

A place for scaling quickly

08-01-2024

In 2010, Lokdeep Singh came to Luxembourg to take up a new professional challenge, thinking that he would stay for two to three years. 13 years later, he has become a Luxembourg national and calls the country both an excellent location for scaling businesses on the European level – and his home.
Read more

Data-driven research with patient impact

12-12-2023

The access to standardised, high-quality biomedical and digital health data is crucial for translational research centre Luxembourg Institute of Health (LIH). Together with national and international partners, the LIH is part of a pioneering European partnership creating clean data lakes enabling research with real patient impact.
Read more

Horizon Europe: On the road to maturity and visibility

22-11-2023

The Horizon Europe Day event organised by Luxinnovation on 7 December 2023 will provide insights into securing funding for research and innovation projects or leveraging engagement in European-scale programmes.
Read more

Resources all news

Fermer