NASDAQ OMX’s BWise Releases New Version of
Governance, Risk Management and Compliance (GRC) Platform
New Release Answers Market Demand for New GRC Use Casesin One Integrated Platform
New York, September 30, 2014 –NASDAQ OMX’s BWise (Nasdaq: NDAQ), a global leader in enterprise Governance, Risk Management and Compliance (eGRC) software, today announced its latest version of the BWise® GRC Platform which combines new role-based functionality, new embedded portlet technology, and the unique BWise® Continuous Monitoring software. BWise now offers stronger than ever capabilities to address and streamline GRC processes for recent regulations on Anti-Bribery, Third Party Management, Business Continuity Management and Conduct Risk in addition to effectively managing their own organizational financial and reputational risks.
“With GRC now involving more and more employees, usability is becoming ever more relevant. For example, an FCPA program may need to connect with six different back-end systems, automatically analyze data, start gathering data and payment approvals. Not a simple process but now BWise supports it from one screen where users get exactly the information they specifically need,” said Luc Brandts, Chief Technology Officer and Founder of BWise, a NASDAQ OMX Company. “This new portlet technology greatly enhances the usability of the numerous indicators and allows organizations to respond more quickly if or when something may happen.”
In addition, based on studying the way users work, this release also enhances many role-based functionalities for both users and administrators in Risk, Internal Control, Compliance, Audit and IT GRC, like:
- Internal auditors can now set up and modify a fresh audit using very flexible audit setup workflows including easy-to-use drag-and-drop or copy-and-paste features.
- Risk Management now ensures assessments done in production environments are as simple as those done online.
- Compliance and Policy Management capabilities now support enhanced evidence modification features for faster, easier document management and recording or saving supporting evidence.
- Numerous additional features, all integrated and synchronized in the GRC Platform.
With over 20 years of experience as the industry benchmark in GRC platforms, NASDAQ OMX BWise is the corner stone technology that powers hundreds of customers globally across multiple industries to minimize risk, maximize efficiency and increase transparency.