NEW YORK, BANGKOK, Thailand and S-HERTOGENBOSCH, Netherlands, Dec. 17, 2012 (GLOBE NEWSWIRE) -- BWise, a NASDAQ OMX company and a global leader in Governance, Risk Management and Compliance (GRC) software, announced today the expansion of its global presence with the opening of a new regional office in Bangkok, Thailand. BWise and its integrated GRC platform will help in developing the emerging GRC market in South East Asia. By being present in this region, BWise addresses the increasing interest of Asian financial institutions and other enterprises for Risk Management, Compliance and Internal Audit solutions to get in control of their key financial and reputational risks. How BWise enables enterprises to identify key risks and regulations and monitor the implementation of appropriate measures, will be the focus of a round table meeting in the region on January 24, 2013.
Mr. Rob van Straten, Global Head of Sales at BWise, said, "Through the opening of our Asian regional office, BWise increases its commitment to this important region. The economies of Thailand and other South East Asian countries have expanded. We see this region as an emerging GRC market due to its regulated business environment and challenges in complying with international regulations such as Basel III for banks."
Mr. Rob van Straten continued, "There is interest from banks and large enterprises across the region seeking GRC solutions, such as the BWise Risk Management, Internal Audit and Compliance solutions, and combining these initiatives into one integrated GRC platform. The value of our integrated approach has been recognized by customers, independent analysts and prospective clients. This has led to quick and high return on investments, while also increasing compliance and control over risks."
To contribute to the practical knowledge of implementing integrated GRC, BWise, together with its local partner, Yip In Tsoi, and consultant partner, Marc Leipoldt from Global Risk Advisory Services (GRAS), will organize a round table meeting in Bangkok on January 24. Mr. Danai Wangsiri of Yip In Tsoi, said, "As a regional partner of BWise, we are able to serve prospective clients and support BWise with Asian companies that are highly interested in implementing GRC software. Now that BWise is also located in Bangkok, we can further continue to strengthen our commitment to and the development of the GRC market in Asia."
| Office details: |
| BANGKOK, CRC Tower - All Seasons Place |
| 36/F CRC Tower |
| All Seasons Place |
| 87/2 Wireless Road, Phatumwan |
| +66 2 625 3087 |
About BWise
BWise, a NASDAQ OMX company, 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, IT GRC and Sustainability Performance Management.
BWise's end-to-end solutions support an organization's ability to understand, track, measure, and manage key organizational risks. 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.
BWise sales, service and support offices around the globe provide for the GRC needs of hundreds of clients, including: adidas, AEGON, Ahold, AngloGold Ashanti, Connexxion, Health Alliance Plan (HAP) of Michigan, LeapFrog, Liebherr, Marathon Oil, Southern Company, Swiss Life, and Transcontinental. For more information, visit www.bwise.com.
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