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BWise Leads Industry Trend: Improve Business Results by Increasing Collaboration Among Risk Management, Compliance and Audit Teams(March 22, 2012)
NEW YORK, NY and 'S-HERTOGENBOSCH, THE NETHERLANDS -- (Marketwire) -- 03/22/12 -- BWise, the global leader in Governance, Risk and Compliance management (GRC) software, continues to see a trend towards improved collaboration within enterprises between Risk, Compliance and Audit departments, resulting in better transparency, lower risk profiles and more importantly better management decisions and improved business results. As a leading practitioner in the field, BWise is helping to drive this trend through a series of interactions at client sites and presentations at recent industry symposiums.
Expand collaboration to improve business results
In recent weeks, BWise has led discussions at the MIS Training Institute's Audit Directors' & Managers' Symposium in Naples, Florida, the Institute of Internal Auditors General Audit Management conference in Orlando, Florida and at the OpRisk North America conference in New York. Joe LeBas, President, BWise - North America, said, "In many of the conversations we attended recently, the recurring theme we heard was fostering collaboration between the Business Units, Risk Management and Audit, as well as between the different risk disciplines in order to realize company objectives and improve business results."
Process-based approach to managing risks
During the OpRisk panel discussion, with fellow risk practitioners from CITI, UBS, Credit Suisse, JPMorgan Chase, Joe commented, "I recently asked one of our clients in the process of an ERM implementation what has changed in the past months. The client, a world-recognized financial services firm, stated the UK Bribery Act was monopolizing the executive team's mindshare. BWise is uniquely qualified to respond to these situations through a business process based framework inherent in the solution."
Join us on the GRC Journey
BWise, founded 18 years ago with the mission of enabling a process-based approach to managing key organizational risks, leads companies on a results-driven, GRC journey by bridging requirements and facilitating business conversations amongst audit, risk management, compliance and policy leaders. Join us on this journey in our upcoming webinar, featuring Chis McClean, Senior Analyst at independent analyst firm, Forrester Research. Please visit www.bwise.com.
BWise, established in 1994, 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 to track, measure and manage key organizational risk in one integrated system. By doing so, BWise helps customers to be truly in control by sustainably balancing their performance and risks. BWise also enables it customers to increase corporate accountability; strengthen financial, strategic and operational efficiencies; and maximize performance, while understanding 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, 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, AngloGold Ashanti, Connexxion, Health Alliance Plan (HAP) of Michigan, LeapFrog, Liebherr, Marathon Oil, Southern Company, Swiss Life, TNT and Transcontinental. BWise has offices in the Netherlands, United States, Germany, France and the United Kingdom. For more information, visit www.bwise.com.
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