NASDAQ OMX's BWise Presented at the 4th Annual Operational Risk Conference in Singapore

Financial Justification of Integrated Governance, Risk and Compliance Strategy


SINGAPORE and DEN BOSCH, Netherlands, March 26, 2014 (GLOBE NEWSWIRE) -- NASDAQ OMX's BWise presented at the 4th Annual Operational Risk conference in Singapore. During this two day conference, BWise featured a presentation on March 17th about a practical approach to Integrated Governance, Risk and Compliance (GRC). The presentation was held for an audience of over 50 risk professionals in the APAC financial sector. The headline was how to integrate IT and vendor risk whilst maintaining a holistic view on risk management.

This event brought together the leaders of operational risk in the financial industry across APAC. BWise presented, to more than 50 people, the eGRC Journey use cases of customers who have implemented a holistic view of risk management by integrating several GRC initiatives into the integrated GRC platform. This results in a high return on investment, while also increasing compliance and control over risks.

"This event gave us the opportunity to engage with clients in the region, to share our experience, and that of our customer base, while collaborating with global operational risk thought leaders," stated Howard Zev, VP APAC-MEA of BWise. "There is interest from banks and large enterprises across the region seeking an integrated solution for GRC projects around Risk Management, Internal Audit and Compliance Management, to gain better control of their key financial and operational risks."

With the new regional office in Australia, the BWise presence is growing in APAC. In combination with an esteemed global partner network, BWise is able to address the increasing interest of the regional leading companies. The GRC market in APAC is emerging due to its growing economic development, demand for transparency and a more regulated business environment. BWise is an analyst recognized leading eGRC Platform with hundreds of customers worldwide, across all industries that rely on BWise for their Risk, Audit and Compliance management on a daily basis.

About BWise

BWise, a NASDAQ OMX company, is a global leader in Enterprise Governance, Risk Management and Compliance (GRC) software. Based on a strong heritage in business process management, the BWise® GRC Platform provides companies with highly-rated, proven software solutions for Risk Management, Internal Control, Internal Audit, Compliance & Policy Management, IT GRC and Sustainability Performance Management.

BWise's end-to-end solutions support an organization's ability to understand, track, measure, and manage key organizational risks. BWise helps companies truly be in control by balancing performance with their financial and reputational risks, improving corporate accountability, increasing financial, strategic and operating efficiencies. Using BWise, organizations are able to efficiently comply with anti-corruption regulations like FCPA and the UK Bribery Act, the Sarbanes-Oxley Act, European Corporate Governance Codes, ISAE3402/SAS-70, PCI-DSS, Solvency II, Basel II and III, Dodd-Frank, ISO-standards, and many more.

BWise sales, service and support offices around the globe provide for the GRC needs of hundreds of clients, including: adidas, AEGON, AG2R La Mondiale, Ahold, AngloGold Ashanti, Carnegie, Health Alliance Plan (HAP) of Michigan, Liebherr, Marathon Oil, Southern Company, Swiss Life, and Transcontinental. For more information, visit www.bwise.com. Follow us on LinkedIn and Twitter.


            

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