December 16, 2013

BWise News

BWise and Atheeb Netsol Host Round Table in Riyadh

Integrated Governance, Risk Management and Compliance Best Practices in Complex Regulatory Environments Spur Lively Discussions

Riyadh, Saudi Arabia and Den Bosch, Netherlands, December 16, 2013 – BWise, a subsidiary of NASDAQ OMX and the leading provider of enterprise Governance, Risk Management and Compliance (eGRC) software, co-hosted a Round Table with its business partner Atheeb NetSol Saudi Company Limited December 3rd in Riyadh. Industry experts exchanged best practices, practical advice and experiences about GRC implementations.

The Round Table brought more than 30 thought leaders and business executives from the region together for discussions on the top risks and challenges organizations are facing in today's ever changing regulatory business environment. BWise presented best practices on how to manage Governance, Risk Management and Compliance (GRC) activities in an integrated manner to reduce the costs and burden of compliance and increase transparency while managing company risks. BWise also shared other GRC best practices, trends, and implementation strategies.

“Based on our current customer base and the high turnout at this GRC Round Table, we see the GRC industry in the Kingdom of Saudi Arabia as a quickly maturing and fast growing market. Saudi Arabian companies are adopting and creating industry best practices using sophisticated GRC technologies that enable them to gain more control over their key organizational, financial, and IT risks. It was a pleasure to interact with an audience of senior executives in Internal Audit, Risk Management, Internal Control, Compliance and IT GRC from leading enterprises in financial services and other industries. Our local partner ANSCL created an excellent opportunity for networking and idea sharing at this well-organized event. Together we will continue to support the KSA marketplace in mutually servicing and supporting our customers and expanding our client base,” said Rob van Straten, Senior Vice President, BWise.

“This has been an immensely successful event. Under an increasingly demanding regulatory environment, the dynamic business sector of KSA is keenly looking for a solution to their imminent GRC needs; ANSCL and BWise will continue to invest and work together to meet this need,” said Zahid Mirza, Chief Executive Officer, Atheeb Netsol Saudi Company Limited.


About Atheeb NetSol
Atheeb NetSol Saudi Company Limited is a Joint Venture between the Atheeb Group, a large business conglomerate based in the Kingdom of Saudi Arabia, and NetSol Technologies, Inc. (NASDAQ: NTWK), a US multinational company providing IT solutions and services to global customers. It combines Atheeb Group’s significant and diversified presence in the Middle East with NetSol’s mature and highly skilled IT delivery capability and global footprint.
ANSCL combines its in-depth domain expertise with its offshore development strength, to deliver world class IT services and solutions that are most cost effective for its customers in different sectors, from industries including finance, insurance, banking, telecom, health, government, defense and manufacturing. For more information, visit


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