November 17, 2009

Press Release

BWise to Preview the New Risk Management Capabilities
of its Enterprise GRC Solution in Online Webinar

New York, NY and ‘s-Hertogenbosch, Netherlands, November 17, 2009 – BWise, the global leader in Governance, Risk and Compliance (GRC) management software, is previewing the upcoming new risk management capabilities of its GRC solution in an online webinar. This significant, innovative risk software will be released in early December. The new version of the solution is unique and provides enterprises with a systematic end to end risk process, and multiple standard risk methodologies that can be implemented within the same system. During the webinar, BWise will demonstrate these original new capabilities step by step. The webinar will be invaluable to risk and audit executives, risk managers, and control and risk owners in general.

New release is based on extensive research
Risk management has been steadily growing in importance over the last few years, and demand for risk management support has grown substantially. To deal with this ever-growing demand, BWise did extensive research; analyzing risk management practices, the needs of its current and prospective customers, and evaluating global and local standard risk methodologies, such as COSO ERM, ISO 31.000 and AS/NZ 4360 and best risk and control practices. Based on the results of this research, BWise has developed a risk focused release and added numerous capabilities to the GRC suite’s already outstanding and independent analyst recognized existing risk abilities. These new capabilities will be showcased and demonstrated in detail during the webinar on Thursday, November 19, 2009.

Sneak preview
Luc Brandts, CTO and Founder of BWise, said, “After all the hard work and research that has happened at BWise over the last year, it is exciting to be able to premiere this new risk release of BWise 4.1 to the public. We are inviting all of our customers, prospective customers and those businesses in general that want to address risks at their business, to join us in this informative webinar. During the webinar we will be demonstrating significant new risk capabilities such as, risk identification, the end to end risk process, calculated fields, multiple risk methodologies, and configurable heat maps to set risk appetite, among others. We hope that many risk professionals will be able to join us for this sneak preview.”

You can register for the webinar on the BWise web site. The webinar is Thursday, November 19, 2009 at 10:00am EST/3:00pm GMT/4:00pm CET.


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