Erste Group Bank AG selects Nasdaq's BWise for Internal Audit, Internal Control and Finding Man

Erste Group Bank AG selects Nasdaq's BWise for Internal Audit, Internal Control and Finding Management processes

ID: 533749

(Thomson Reuters ONE) -


VIENNA, Austria and NEW YORK, March 31, 2017 (GLOBE NEWSWIRE) -- Nasdaq BWise
(Nasdaq:NDAQ), a global leader in enterprise Governance, Risk Management and
Compliance (GRC), announced today that it has been selected by Erste Group, one
of the largest financial services providers in Central and Eastern Europe and
headquartered in Austria, to support and further enhance their internal audit,
internal control and finding management processes.

Erste Group, serving 15.7 million clients in over 2,700 branches, will look to
add additional features and functionality to their group-wide Internal Audit and
Findings Management processes. The internal control system repository powered by
BWise will replace an existing solution with a more enhanced and sophisticated
software platform.

"We are proud to have been selected by Erste Group," said Richard Jansen,
Managing Director, BWise Germany GmbH. "Erste Group's objective to implement
multiple GRC-related initiatives via one single standard software platform very
much underlines the strength of the BWise products and services. Our GRC
platform provides multiple role-based solutions for audit, risk management,
information security and regulatory compliance which are integrated within the
GRC platform and help departments across an organization to reduce GRC
technology costs. We have been delivering successful projects in the D-A-CH
region for many years in various sectors and I'm pleased to welcome a key player
in the Austrian banking industry today."

The rich and complete functionalities, user friendliness and powerful reporting
capabilities of the BWise solutions convinced Erste Group to select Nasdaq BWise
as their trusted partner for their GRC journey to support each step of the
internal audit and internal control cycle and eventually make them more time and
cost efficient. In time, the potential of seamlessly adding new GRC initiatives




coming from other departments to the same platform can be unlocked at any
desired stage.

About Erste Group Bank AG
Erste Group is the leading financial services provider in the Eastern part of
the EU. Approximately 46,700 employees serve 15.9 million clients in nearly
2,700 branches in 7 countries (Austria, Czech Republic, Slovakia, Romania,
Hungary, Croatia, Serbia). As per Q3 2016, Erste Group had EUR 206.8 billion in
total assets, a net profit of EUR 1.18 billion and a core capital ratio (CET1,
Basel 3, phased-in) of 13.2%. For more information, please
visit www.erstegroup.com

About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange
technology, listing, 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 85 marketplaces in 50 countries, and 1
in 10 of the world's securities transactions. Nasdaq is home to more than 3,700
listed companies with a market value of $10.0 trillion and approximately 18,000
corporate clients. To learn more,
visit: nasdaq.com/ambition or business.nasdaq.com

About BWise
BWise is part of Nasdaq's wider GRC offering designed to help organizations,
public and private, improve their operational management. Thousands of users in
virtually every industry rely on the BWise(®) risk management solutions to
track, measure and manage their reputational and financial risks and support
their GRC processes on a daily basis.

For more information, go to www.bwise.com

NDAQG

For Media Inquiries:

Nasdaq:
Ryan Wells
ryan.wells(at)nasdaq.com
Direct: +44 (0) 20 3753 2231
Mobile:  +44 (0) 7809 596 390




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: BWise via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 31.03.2017 - 14:35 Uhr
Sprache: Deutsch
News-ID 533749
Anzahl Zeichen: 4676

contact information:
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