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    TRG   SE0012990646

TRANSCENDENT GROUP AB (PUBL)

(TRG)
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Transcendent : launches whistleblowing product in collaboration with Whistlelink

08/26/2021 | 02:46am EST

Transcendent Group, in collaboration with Whistlelink, is launching a product that supports customers in handling the critical steps required to comply with the new whistleblowing regulations that will take effect at the end of 2021. The product, which has not yet been named, will be launched in September.

“With our expertise in GRC and Whistlelink's digital solution, we create an end-to-end product to ensure that our customers have a modern and simple whistleblowing system. Many companies in all our markets will need to deal with the new rules in 2021 and Transcendent Group will support companies to comply with these rules”, said Håkan Berg, CEO of TG RegTech.

“With more than ten years of experience in whistleblowing, we have created a user-friendly digital product to effectively handle whistleblowing. With Transcendents Group's many experienced consultants, we will together deliver a comprehensive solution for customers' needs in several of our most important markets”, said Annelie Demred, Whistlelink.

Transcendent Group founded the subsidiary Transcendent Group Regulatory Technology, TG RegTech, in 2019 to promote the group's work in digital development. The purpose of the company is to be at the forefront of the development and provision of digital services and products within Governance, Risk and Compliance (GRC).

TG RegTech develops technology and products within GRC where the interface between Transcendent Group and the customers can not only be handled by the company's consultants but also directly by the customers using digital tools.

© Modular Finance, source Nordic Press Releases

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Financials
Sales 2020 189 M 20,7 M 20,7 M
Net income 2020 -2,75 M -0,30 M -0,30 M
Net cash 2020 5,77 M 0,63 M 0,63 M
P/E ratio 2020 -38,5x
Yield 2020 -
Capitalization 170 M 18,7 M 18,6 M
EV / Sales 2019 0,77x
EV / Sales 2020 0,53x
Nbr of Employees 123
Free-Float 23,2%
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Managers and Directors
Martin Malm Chief Executive Officer
Sigrun Ingrid Hjelmqvist Chairman
Lars O Andersson Director
Ingrid Jenny Nordlund Director
Magnus Juvas Director