BWise and StateScape announce Partnership
Offering best-of-breed integrated Regulatory Alerts into Governance, Risk Management and Compliance software
New York, NY, December 3, 2013 – BWise, a NASDAQ OMX company and the leading provider of enterprise Governance, Risk Management and Compliance (eGRC) software, today announced it has entered into a partnership agreement with StateScape. StateScape is a leading provider of legislative and regulatory monitoring services for the US, Puerto Rico and the federal government. This partnership agreement offers BWise financial services customers in North America a best of breed solution to better manage the impact of the constant stream of legislative and regulatory changes.
Integrating StateScape regulatory feeds into BWise, will provide financial services compliance teams with a streamlined solution to quickly respond to regulatory alerts, easily analyze their impact on the existing regulatory framework, decide the appropriate action and assign them to the responsible parties within the organization. Using the BWise GRC platform with integrated Statescape regulatory alerts, enables clients to monitor the company’s current state of compliance and track the progress of remedial actions for potential non-compliance.
“BWise is and has always been focused on developing the best-in-industry Governance, Risk Management and Compliance software platform,” said Luc Brandts, CTO and Founder, BWise:. “With our role-based solutions we provide powerful functionalities for streamlining the end-to-end compliance process. We believe by partnering with the best of industry content providers for regulatory feeds like StateScape, we offer customers a very strong and future-proof answer to the increasing demand for solutions to better manage the impact of the constant stream of changes in regulations.”
“By combining StateScape's extensive policy tracking experience with the robust BWise software platform, this partnership presents financial services companies with a powerful and efficient tool for managing risk and compliance activities in an ever-changing regulatory environment,” said Lorie Nevares, President and Founder, StateScape.
BWise is a subsidiary of NASDAQ OMX and supports organizations to track, measure and manage key organizational risks with the BWise® GRC Platform.
Founded in 1991, StateScape is one of the oldest and most experienced legislative and regulatory monitoring and analysis services still in business today. Woman-owned and operated by a veteran of state and local governmental affairs, StateScape serves organizations seeking a competitive edge in government relations and is a resource for clients ranging from Fortune 500 companies and large trade associations to small non-profits and governmental agencies.