NEW YORK, Jan. 27 (Korea Bizwire) — Nasdaq BWise (Nasdaq:NDAQ) has been positioned as a ‘Leader’ according to the Forrester Research, Inc report: “The Forrester Wave™: Governance, Risk and Compliance Platforms, Q1 2016”. Forrester Research ranked fourteen GRC technology vendors based on ‘Current offering’, ‘Strategy’ and ‘Market presence’.
According to the report:
“Organizations face threats in all aspects of their business, and ad hoc management of those crises leaves them more vulnerable to impacts to their revenue and reputation. Only through a holistic view of risk can organizations adequately prepare for such events and mitigate the potential damage.”
“Nasdaq BWise offers a solid platform with strong capabilities in analytics. [...] BWise has capabilities that include audit, risk, compliance and policy management as well as sustainability management and information security.”
“If the company executes well, it may be disruptive to the GRC market [...].”
Commenting on the research, Peter de Verdier, Head of BWise, said: “Balancing risks and performance is one of the biggest challenges businesses face in today’s demanding environment. Organizations must establish a risk culture that encourages and rewards transparency and integrity if they are to prevent fraud, non-compliance and other undesirable incidents. This is what drives us to continue to develop and improve our globally deployed, leading GRC Platform. We are honored to have been named as a leader in the GRC Platform landscape by Forrester. Thanks to the skill and dedication of our team, we will continue our efforts to deliver comprehensive, integrated GRC solutions that are easy to deploy, easy to use and easy to maintain.”
Luc Brandts, CTO and Founder of BWise, continued: “Nasdaq continuously invests in BWise software and services to realize its vision of a global economy characterized by transparency and trust. We are proud to see, of what we consider to be, industry-leading recognition for BWise’s vision and products. We want to thank our customers for their loyalty and trust.”
BWise is a business unit of Nasdaq, and is part of Nasdaq’s wider offering designed to help organizations – public and private – improve their operations. Millions of users in virtually every industry rely on the BWise® GRC Platform to track, measure, and manage their reputational and financial risks on a daily basis.
To get an updated overview of the GRC platform landscape, please request complimentary access to the full report.
About Nasdaq BWise
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.
Nasdaq BWise sales, service and support offices around the globe provide for the GRC needs of hundreds of leading companies worldwide. For more information, visit www.bwise.com
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of approximately $9.6 trillion and more than 10,000 corporate clients. For more information, visit www.nasdaq.com.
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Source: Nasdaq via GLOBE NEWSWIRE