NASDAQ OMX's BWise and Zener IT Solutions & Systems Agree to Partnership

Offers Best-of-Industry Governance, Risk Management and Compliance (GRC) Software and Services in the United Arab Emirates


ABU DHABI, United Arab Emirates and DEN BOSCH, The Netherlands, Sept. 2, 2014 (GLOBE NEWSWIRE) -- NASDAQ OMX's (Nasdaq:NDAQ) BWise, the leading provider of enterprise Governance, Risk Management and Compliance (eGRC) software, today announced it has entered into a partnership agreement with Zener IT Solutions & Systems, a division of Zener Electrical & Electronics Services LLC, and a leading consulting and solution provider headquartered in the United Arab Emirates (UAE). This partnership agreement offers organizations in the UAE local access to complete sales, implementation and support for the industry-leading BWise® GRC Platform.

Ramessh Aidaasanii, Division Manager (IT) of Zener IT Solutions & Systems said, "GRC is a growing priority for many organizations in the Middle East, many organizations are interested in implementing GRC solutions. We are excited to join forces with such a global leader in GRC like BWise. Together we offer a 'one-stop-shop' for GRC software and services."

Zener IT Solutions & Systems and BWise will join forces in the region to help clients improve business performance, while managing operational, financial and reputational risks including the risk of non-compliance. BWise has multiple integrated role-based solutions to support these GRC processes as well as professional services and support more than two decades experience gained from hundreds of enterprise customers around the world.

Rob van Straten, BWise Global Head of Sales said, "The partnership with Zener increases the ability for NASDAQ OMX's BWise to engage with new clients in the region as well as increase our capacity to support existing customers as they extend their GRC implementations throughout their organizations. Zener has an excellent reputation as a provider of professional services with a high level of integrity and entrepreneurial approach in the Middle East. Zener is an ideal fit with our company values and we look forward to partnering with them."

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.

About Zener IT Solutions & Systems

Zener IT Solutions & Systems has a proven track record of offering GRC solutions, services and consultancy to the customers from all verticals in BFSI, Oil & Gas, Manufacturing, Retail, Government, Investment, Education and hospitality sectors. Zener is a leading consulting and solution provider firm with offices in the Middle East. The IT Solutions and Systems division provides a comprehensive service covering all areas of Information Technology, combining the proven track record and expertise that enable its clients to minimize risk and maximize opportunity.

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