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A New Way of Working in GRC: BWise 4.1.3

(November 10, 2011)

NEW YORK, NY and 'S-HERTOGENBOSCH, THE NETHERLANDS -- (Marketwire) -- 11/10/11 -- BWise, the global leader in Governance, Risk management and Compliance (GRC) software solutions, released today its version of its Enterprise GRC platform. BWise 4.1.3 is a new standard in modern architecture combined with an enhanced user interface. The new release of the BWise GRC platform is developed to equip GRC teams with the right tools to work more effective and efficient to cope with the continuing growth of the number and complexity of GRC programs.

Never before in history, has Governance, Risk Management and Compliance been as important as it is today. Managers continually search for new ways to manage financial, governance, risk management and audit processes according to stringent rules and regulations more effectively and efficiently. BWise enables them to work towards compliance in a concise and controlled, risk-based manner in order to track, measure and manage their key organizational risks, including the risk of non-compliance. This leads to a reduction of the associated costs of compliance and enables management to make risk-based decisions.

The new release is already proven operational for organizations with hundreds of thousands of employees, and demonstrating huge performance, scalability and usability benefits. The key new features in BWise 4.1.3 are:

  • New feature-rich capabilities for events, losses and incidents management
  • Off-line audit: synchronize work when connected again
  • Audit analytics: continuous monitoring integrated in audits
  • Risk consolidation: risk aggregation during risk assessments
  • Embedded Segregation of Duties on SAP and Oracle
  • Performance, scalability and usability improvements to:
    • Improve effectiveness and efficiency for end-users
    • Scale across all continents in multiple languages with large amounts of users.
    • State-of-the-art security architecture means ease of mind, and protection against malicious users and hackers.

Luc Brandts, CTO and Founder of BWise: "BWise 4.1.3 truly offers GRC teams a potential for a New Way of Working. It gives them the freedom to work wherever and whenever they want; it offers them all modern techniques to optimize, focus and streamline their activities in one robust GRC Platform. Audit Analytics, for example, brings data into the audit, making it actionable for the auditor. Through this the quality of the audit improves, while saving the auditor considerable time." Learn more about BWise 4.1.3 during the live webinars in November: The New Way of Working in GRC or visit:

About BWise

BWise, established in 1994, is the global leader in Enterprise Governance, Risk Management and Compliance (GRC) software. Based on a strong heritage in business process management, BWise delivers a truly integrated and proven GRC platform.

With this platform, BWise supports an organization to track, measure and manage key organizational risk in one integrated system. By doing so, BWise helps customers to be truly in control by sustainably balancing their performance and risks. BWise also enables it customers to increase corporate accountability; strengthen financial, strategic and operational efficiencies; and maximize performance, while understanding risks. Using BWise, organizations are able to comply with regulations such as Sarbanes-Oxley, ISAE3402/SAS-70, PCI, Solvency II, Basel II and III, Dodd-Frank, ISO-standards, European Corporate Governance Codes and many more.

BWise provides for the GRC needs of hundreds of customers, worldwide, across all industries. Customers include AEGON, AngloGold Ashanti, Connexxion, Health Alliance Plan (HAP) of Michigan, LeapFrog, Liebherr, Marathon Oil, Southern Company, Swiss Life, TNT and Transcontinental. BWise has offices in the Netherlands, United States, Germany, France and the United Kingdom. For more information, visit

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Contact details:
Clarinda Dobbelaar
VP Global Marketing & Communications
Email: Email Contact
Office: (+31)73-6464915

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Related Keywords: BWise, GRC, Enterprise risk management, Compliance management, Internal control, Risk Management, Sales & Marketing, Security, Management, CTO/CIO, France, Germany, USA, Marketwire, , Financial, Business, england,

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