Nasdaq's BWise Launches Sarbanes-Oxley Software Solution for New Public Companies
(Thomson Reuters ONE) -
NEW YORK, June 30, 2015 (GLOBE NEWSWIRE) -- Nasdaq's BWise (Nasdaq:NDAQ), a
global leader in enterprise Governance, Risk Management and Compliance (eGRC),
announced today the launch of the Nasdaq Sarbanes-Oxley (SOX) Software Solution
in collaboration with Nasdaq's Listings Services business. The solution is based
on a combination of the pre-configured BWise GRC platform and services, as well
as Nasdaq's governance best practices. The offering will provide private
companies preparing for their Initial Public Offering (IPO) with an integrated
solution to better support their financial statement control process, improve
efficiencies and create stronger transparency.
The Nasdaq SOX Software Solution includes a comprehensive step-by-step internal
control solution and a quick and cost effective implementation. The offering
aims to significantly improve the process to generate required reports such as
the Sarbanes-Oxley 303 and 404 attestations.
"Taking a company public is an exciting but often overwhelming process,
particularly with complex and evolving accounting and governance practices,"
said Nelson Griggs, Executive Vice President, Listings Services, Nasdaq. "This
new offering combines Nasdaq's governance best practices with the strong BWise
software capabilities and experience in the area of internal control to support
newly public companies with their SOX compliance process."
"For several years, BWise has been at the forefront of supporting public
companies with their SOX compliance," said Rob van Straten, Head of Global Sales
& Delivery, BWise. "We are excited to bring to the market a turn-key, out-of-box
offering for newly public companies in the U.S. as they address complex
regulatory requirements like SOX."
The Nasdaq SOX Software Solution is available to companies preparing to list in
the U.S. market. In addition, the solution is also available to those companies
who are currently listed in the US, but have not yet implemented automation to
assist with their SOX compliance efforts.
For more information, visit business.nasdaq.com/tech.
About Nasdaq's BWise
Nasdaq's BWise 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.
Nasdaq's BWise sales, service and support offices around the globe provide for
the GRC needs of hundreds of leading companies worldwide. For more information,
visit www.bwise.com.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, exchange technology,
information and public company services across six continents. Through its
diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and
execute their business vision with confidence, using proven technologies that
provide transparency and insight for navigating today's global capital markets.
As the creator of the world's first electronic stock market, its technology
powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's
securities transactions. Nasdaq home to more than 3,500 listed companies with a
market value of over $8.8 trillion and more than 10,000 corporate clients. To
learn more, visit www.nasdaq.com/ambition or www.nasdaqomx.com.
NDAQG
CONTACT: Media Contact details:
Nasdaq
Ryan Wells
Director, Corporate Communications
+1 212 231 5541
Ryan.wells(at)nasdaq.com
http://business.nasdaq.com
www.bwise.com
This announcement is distributed by GlobeNewswire on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: The NASDAQ OMX Group, Inc. via GlobeNewswire
[HUG#1932738]
Unternehmensinformation / Kurzprofil:
Datum: 30.06.2015 - 14:01 Uhr
Sprache: Deutsch
News-ID 403948
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contact information:
Town:
New York
Kategorie:
Business News
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