July 1, 2009

Press release 

Independent Research Firm named
BWise a Leader in Enterprise GRC Platforms

New York, NY and ‘s-Hertogenbosch, Netherlands, July 1, 2009 – BWise, a leading provider of Governance, Risk and Compliance (GRC) Management software solutions, today announced that it was cited as a leader in Enterprise GRC Platforms in the July 2009 report, Forrester Wave™: Enterprise Governance, Risk and Compliance Platforms, Q3 2009 by Chris McClean with Robert Whiteley, Khalid Kark, and Alissa Dill. BWise was chosen as a leader among 14 select companies that Forrester Research, Inc. invited to participate in the report.

“The BWise platform remains one of the most impressive products in the GRC platform market, with strong technical capabilities in all the categories evaluated”, according to the report. Luc Brandts, CTO and Founder of BWise said “We are extremely proud to be recognized as a leader by Forrester. We believe it is a reflection of our dedication to our customers and their governance, risk management and compliance requirements. The BWise platform is a true GRC platform, distinguishing itself from the competition with its process management layer. This enables users to accurately get in control of all of their companies risks and to truly integrate all GRC initiatives.”

According to the report, “[BWise’s] value proposition for enterprise risk management (ERM) was among the highest of the vendors evaluated, and its value proposition for corporate governance earned top scores.” Robert Pijselman, CEO of BWise said, “Everyone at BWise is extremely proud to have been chosen as a leader. It’s a true honor, and accentuates the commitment that we have to deliver an outstanding enterprise GRC platform. We would like to thank all of the BWise customers for their trust and help to make this happen.”

Mr. Pijselman continued, “More than any other market, the GRC market is asking for sustainability. Our long-term growth and profitability, our high customer and employee retention are all testimony to our long term perspective and strategy.” Mr. Brandts responded to this, “We have noticed that the number of departments involved in GRC projects is increasing. BWise has proven it has a flexible solution that is used successfully in various industries and by various users, such as CFO’s, risk managers and internal controllers and auditors. We have new customers from all over the world, the U.S., South Africa, Kuwait and throughout Europe; they really see the benefits of a converged approach to GRC. We find that new customers are better prepared and have more knowledge of what they want from a GRC-vendor. Having been named “Leader” by Forrester proves that the BWise solution provides results and a profound ROI for our customers.”

 

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