August 17, 2009

Press Release

Independent Research Firm Positioned BWise in Leaders Quadrant for Enterprise Governance, Risk and Compliance Platforms

New York, NY and ‘s-Hertogenbosch, Netherlands, August 17, 2009 – BWise, a leading provider of Governance, Risk and Compliance (GRC) Management software solutions, today announced that it was positioned in the Leaders Quadrant for Enterprise Governance, Risk and Compliance (GRC) Platforms in Gartner’s August 2009 report by French Caldwell, Tom Eid and Carsten Casper. According to the report; “The market for EGRC Platforms is shifting from a focus on regulatory compliance to a focus on enterprise risk management.” Thirteen companies were positioned in the report and were evaluated on “Completeness of Vision” and “Ability to Execute.”

Quote from the report
According to the report, “Customers will be looking for leaders to provide additional functionality such as support for ERM, integration with advanced business intelligence and corporate performance management applications, more-flexible and ad hoc reporting, and more support for the internal audit organization. They will also expect support across multiple geographies.”

BWise recognized as a Leader
"We are very proud and honored to be recognized in the leaders quadrant. BWise has always and will continue to work hard to deliver innovative and compelling internal control, risk management, (IT) governance management solutions that bring real value to our customers," said Luc Brandts, CTO of BWise. "We believe our placement in the leaders quadrant highlights the success of our recent innovations, like continuous control monitoring and soft controls testing, as well as our vision to provide a broad and comprehensive integrated enterprise governance, risk and compliance platform."

Innovative and responsive
Robert Pijselman, CEO of BWise said, “We believe being recognized by Gartner as a leader, is a reflection of our dedication to make our customers ‘in control’ in the most effective and efficient way on the GRC challenges they face on a day to day basis. BWise has customers from all over the world, and in virtually every industry. Providing a strong GRC platform to such a wide variety of clients has only made BWise more innovative and responsive to their needs. From my perspective, being recognized by Gartner substantiates all the efforts that BWise and its employees have made.”   


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