DGAP-News: BWise Releases New Updates to Governance, Risk Management&Compliance (GRC) Platform
(firmenpresse) - BWise
02.10.2013 15:00
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Now Generally Available, New BWise Version Further Empowers GRC Teams
NEW YORK, and DEN BOSCH, Netherlands, 2013-10-02 15:00 CEST (GLOBE NEWSWIRE) --
BWise, a NASDAQ OMX company and a global leader in enterprise Governance, Risk
Management and Compliance (eGRC) software, today announced its newest release
is now generally available. The latest developments energize the
functionalities supporting Internal Audit, Risk Management and Information
Technology teams with new streamlined capabilities. To present these energizing
functionalities BWise is hosting a series of role based webinars.
Specifically, the recent platform enhancements significantly enhance analytical
capabilities for risk management. BWise Risk Management can now provide
innovative, client-specific quantitative risk models using Monte Carlo
techniques based on data both inside and outside BWise. The enhancements
support advanced risk experts with rapid risk model development capabilities
and fast simulations for critical analysis.
'In these days of big data and IT security concerns we are particularly proud
of our IT GRC enhancements in our latest release that is now ready for broad
use by our customers,' said Luc Brandts, BWise CTO and Founder. 'BWise provides
for integration with Qualys Vulnerability Management and Policy Management,
which enables organizations to manage large numbers of IT security and IT
non-compliance alerts. It now is possible to act on them via a risk-based view
and monitor follow ups. BWise also integrates ServiceNow IT Management
functionality, which ensures IT incident reporting to management, risk
management, audit integration and follow up.'
Highlights of the release enhancements for Internal Audit teams include easier
audit planning and resource planning, as well as streamlined user interfaces.
Now Internal Audit managers will have the ability to automatically create
multi-year audit plans based on audit rating, risk ratings and cyclical audit
frequencies. Also, improved workflows on sign-off procedures, layered document
storage security and improved audit committee communication features all make
it easier to control the audit cycle requirements at a higher managerial level.
In particular, to support highly-specific configuration requirements called for
in the Bank Secrecy Act, BWise Internal Audit can allow specific access to
designated audit information.
'Our long-term investment in a role-based structure enables us to continue to
improve functionality for each team contributing to the integrated company
view. We begin our development efforts with the manager's and the end user's
typical day top-of-mind and work through ideas that will make their strategic
projects and daily tasks more manageable,' said Brands. 'We walk their walks,'
Brandts continued, 'In particular, our extensive focus on Internal Audit -
supported by feedback from professionals around the world and based on
accounting best practices - makes our developments for auditors and audit
planning particularly innovative.'
BWise was recently acquired by NASDAQ OMX and is an integrated part of a suite
of intelligence, communications, and governance software solutions that help
public and private companies minimize risk, maximize efficiency and increase
transparency.
Formore information about the new generally available BWise GRC Platform
updates, registration is open for GRC team specific webinars. To register for
the webinars or to learn more information about BWise, contact us at
www.bwise.com .
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.
Contact details:
BWise, a NASDAQ OMX company
Jane Westhoff
Senior Director, Product Marketing
+1 312 520-8631
Jane.Westhoff(at)bwise.com
www.bwise.com
More information
Click here to view our news room for more information about BWise.
News Source: NASDAQ OMX
02.10.2013 Dissemination of a Corporate News, transmitted by DGAP -
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Datum: 02.10.2013 - 15:00 Uhr
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