Nasdaq Wins RiskTech100 Best Operational Risk & GRC Software Solution
NEW YORK, November 9, 2016 (GLOBE NEWSWIRE) -- Nasdaq, one of world's leading Governance, Risk management and Compliance (GRC) solution providers, has been recognized as the Best Operational Risk & GRC Solution by the RiskTech100 2017 awards in New York. Its centerpiece solution, the BWise GRC platform, is used by hundreds of organizations across industry sectors worldwide.
The awards are organized by Chartis – a leading provider of research and analysis on the global market for risk technology – and recognize effective risk technology and the leading vendors in this area. The winners and subsequent rankings are based on Chartis’ analysis into market trends, participants, expenditure patterns and best practices. The analysis has been validated through several phases of independent verification and is the most comprehensive study of its kind, having researched 40,000 risk technology buyers globally (70% financial services, 30% non-financial services).
“We’re honored to be named as best Operational and GRC software solution,” said Jonathan Deeks, Head of BWise, Nasdaq. “Regulatory and market pressures for capital efficiency and transparency are continually building, yet often move in opposing directions. That’s why an effective GRC program goes far beyond a technology implementation and should instead build towards a long term vision of guarding against issues that could go wrong and leveraging those that could create greater value. Only then will it fulfil regulatory requirements and provide increased and sustainable value to the business.”
Nasdaq BWise is a global leader in Enterprise Governance, Risk Management and Compliance (GRC) software. Based on a strong heritage in business process management, the BWise® GRC Platform provides companies with highly-rated, proven software solutions for Risk Management, Internal Control, Internal Audit, Compliance & Policy Management, Information Security and Sustainability Performance Management.
BWise’s end-to-end solutions support an organization’s ability to understand, track, measure, and manage key organizational risks. Nasdaq BWise helps companies truly be in control by balancing performance with their financial and reputational risks, improving corporate accountability, increasing financial, strategic and operating efficiencies. Using BWise, organizations are able to efficiently comply with anti-corruption regulations like FCPA and the UK Bribery Act, the Sarbanes-Oxley Act, European Corporate Governance Codes, ISAE3402/SAS-70, PCI-DSS, Solvency II, Basel II and III, Dodd-Frank, ISO standards, and many more.