STOCKHOLM, Sweden and DEN BOSCH, Netherlands, Oct. 15, 2013 (GLOBE NEWSWIRE) -- BWise, a NASDAQ OMX company and a global leader in Governance, Risk Management and Compliance (GRC) software, today announced that it has been selected by Carnegie Investment Bank AB, one of the leading financial advisors and asset managers in the Nordic region.
Carnegie will use the BWise eGRC software platform, initially for Operational Risk Management, Compliance Management and Internal Audit as a key enabler of the adoption of an integrated risk management approach. The software will act as a driver to align risk management across the three lines of defense thereby improving efficiency, communication and transparency. In this manner the software will enable GRC tasks to be conducted in a more efficient manner, providing a clear and comprehensive view of risk, control and compliance issues faced by the organization.
"During the past years, Carnegie has spent time and resources in building strong control functions and implementing robust GRC standards and procedures. We are now ready to take our risk and compliance procedures to the next level," says Fredrik Leetmaa, Chief Risk Officer of Carnegie. "The BWise software will automate manual processes, increasing efficiency and the quality of these procedures."
"We are very proud to have been selected by Carnegie to support their 'GRC Journey,'" said Robert Pijselman, Chief Executive Officer, BWise. "Their integrated approach towards, Operational Risk Management, Compliance Management and Internal Audit requires a robust but future proof eGRC software platform. Our global expertise and many years of experience in deploying eGRC software in financial services allow us to provide Carnegie with a first-class GRC solution."
BWise, owned by NASDAQ OMX, supports organizations to track, measure and manage key organizational risks using the BWise® GRC Platform. BWise is positioned in the Leaders Quadrant of Gartner's 2013 Magic Quadrant for Enterprise Governance, Risk and Compliance (GRC) Platforms. Request a complimentary copy of the full report via www.bwise.com.
About Carnegie
Carnegie is a leading financial adviser and asset manager with focus on the Nordic region. We are independent in order to guarantee optimal research and advice. We create added value for institutions, corporations and private individuals. Carnegie operates in seven countries and has approximately 700 employees. Read more
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, Ahold, AngloGold Ashanti, Connexxion, Health Alliance Plan (HAP) of Michigan, LeapFrog, Liebherr, Marathon Oil, Southern Company, Swiss Life, and Transcontinental. For more information, visit www.bwise.com. Follow us on LinkedIn, Facebook and Twitter.
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