BWise
19.12.2012 14:49
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NEW YORK and SAO PAULO, Brasil and S-HERTOGENBOSCH, Netherlands, 2012-12-19
14:48 CET (GLOBE NEWSWIRE) --
BWise, a NASDAQ OMX company and a global leader in Governance, Risk Management
and Compliance (GRC) software, announced today that it was selected by
BM&FBOVESPA, the third largest exchange in the world in terms of market value.
BWise supports the exchange with its internal audit and enterprise risk
management processes. With a single risk framework and risk language throughout
the company, BM&FBOVESPA is able to conduct assessments more efficiently, can
offer GRC reports to the entire organization, save costs and create
transparency in the company due to the reduction in the number of single
solutions.
BM&FBOVESPA, created in 2008 through the integration of the Brazilian
Mercantile & Futures Exchange (BM&F) and the Sao Paulo Stock Exchange
(BOVESPA), selected BWise for internal audit and enterprise risk management.
BM&FBOVESPA chose the BWise solution due to its reputation as a respected and
well-known provider of integrated GRC software to track, measure and manage key
organizational risks, including the risk of non-compliance. Another BWise
client, NASDAQ OMX, the inventor of the electronic exchange, served as a key
reference for BM&FBOVESPA.
Marcel Starink, Vice President of Sales, Latin America at BWise, said,
'BM&FBOVESPA is an important customer for BWise. We appreciate the
organization's professional view on operational risk and internal audit and are
excited to present their project as a cornerstone reference in the Latin
American market. We are keen on developing our presence in the financial and
industrial sector in Brazil to help public and private companies minimize risk,
maximize efficiency and increase transparency with a suite of governance, risk
management and compliance solutions.'
BWise, recently acquired by NASDAQ OMX, is pleased with the increasing number
of inquiries from Latin American companies and has noticed a trend in stock
markets globally showing increasing interest in the BWise GRC software
capabilities. As part of NASDAQ Corporate Solutions, the integrated BWise GRC
platform supports C-level executives and boards to be in control on their
financial and reputational risks while working more efficiently.
BWise is positioned in the Leaders Quadrant of the 2012 Magic Quadrant for
Enterprise Governance, Risk and Compliance (GRC) Platforms. Request a
complimentary copy of the report.
About BWise
BWise, a NASDAQ OMX Company is the global leader in Enterprise Governance, Risk
Management and Compliance (GRC) software. Based on a strong heritage in
business process management, BWise delivers a truly integrated and proven GRC
platform.
With this platform, BWise supports an organization's ability to track, measure,
and manage key organizational risks in one integrated system. By doing so,
BWise helps customers to truly be in control by sustainably balancing their
performance and financial and reputational risks. BWise enables customers to
increase corporate accountability; strengthen financial, strategic and
operational efficiencies, maximize performance, and better understand risks.
Using BWise, organizations are able to comply with regulations such as
Sarbanes-Oxley, ISAE3402/SAS-70, PCI, Solvency II, Basel II and III,
Dodd-Frank, Anti Bribery Act, FCPA, ISO-standards, European Corporate
Governance Codes and many more.
BWise provides for the GRC needs of hundreds of customers worldwide, across all
industries. Customers include adidas, AEGON, Ahold, AngloGold Ashanti,
Connexxion, Health Alliance Plan (HAP) of Michigan, LeapFrog, Liebherr,
Marathon Oil, Southern Company, Swiss Life, and Transcontinental. BWise has
offices in the Netherlands, United States, Germany, Sweden, France, the United
Kingdom and South Africa. For more information, visit www.bwise.com.
The BWise logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=12977
More information
Click here to view our news room for more information about BWise
BWise, a NASDAQ OMX company
Jan-Cees Polderdijk
Marketing Manager
+3173 646 4915
Jan-Cees.Polderdijk@bwise.com
www.bwise.com
News Source: NASDAQ OMX
19.12.2012 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
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Company: BWise
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End of Announcement DGAP News-Service
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DGAP-News: BM&FBOVESPA Selects BWise for Internal Audit and Enterprise Risk Management
| Source: EQS Group AG