BWise Positioned in Leaders Quadrant of the 2013 Magic Quadrant for Enterprise
Governance, Risk and Compliance (GRC) Platforms
NEW YORK and DEN BOSCH, Netherlands, Sept. 26, 2013 (GLOBE NEWSWIRE) -- BWise,
a NASDAQ OMX Group, Inc. company (Nasdaq:NDAQ) and a global leader in
Governance, Risk Management and Compliance (GRC) software, is pleased to
announce that it is once again positioned in the Leaders Quadrant for
Enterprise Governance, Risk and Compliance (EGRC) Platforms in Gartner's
September 24, 2013 report by French Caldwell and John A. Wheeler. Sixteen
companies across the globe are positioned in the report based on an evaluation
of "completeness of vision" and "ability to execute."
The Gartner Magic Quadrant report states, "The GRC market is nine years old,
and buyers have high expectations for the performance of GRC solutions against
a wide variety of use cases. Differentiation today is about the ability to
deliver against multiple use cases, and provide advanced risk management
functionality, with analysis of the impact of risks on strategic objectives
and business performance, domain expertise in multiple highly regulated
industries, ease of use — including mobile capabilities — and
"We are proud to see industry-leading recognition for BWise's vision and
ability to execute," said Lars Ottersgård, Senior Vice President, Market
Technology, NASDAQ OMX. "At NASDAQ OMX we continue to be motivated by a strong
desire to help our companies be more transparent, strategic and efficient. We
see GRC as a key indicator of business performance and stability."
NASDAQ OMX acquired BWise in 2012 to offer solid governance, risk and
compliance solutions to public and private company clients who are dealing
with ever-increasing regulations and, subsequently, greater exposure to risk.
The alignment of BWise's GRC platform with select NASDAQ OMX corporate
solutions like NASDAQ OMX's premium board portal and media monitoring
solutions, as well as the company's market surveillance platform for brokers,
exchanges and regulators, has created a new generation of GRC solutions that
enable companies to be in control of their reputational and financial risks.
According to the report, "Specifically, as GRC adapts to social, third-party
monitoring and operational technology requirements, the volume of use cases
will expand beyond what is reasonable to be included directly on the platform.
With the proliferation of use cases, the platform will need to integrate with
many more external data sources and applications, thus reversing what has been
the evolution during the past six years to support most GRC use cases directly
on the platform."
"For almost twenty years, BWise has worked to assist organizations to track,
measure, and manage their key organizational risks which enable them to
continuously balance performance and risks," said Luc Brandts, BWise, CTO and
Founder. "We believe that the continuation of the positioning of BWise in the
Leaders Quadrant is a reflection of how we have evolved and expanded;
especially integrating select NASDAQ OMX solutions and continuing to realize
Gartner does not endorse any vendor, product or service depicted in its
research publications, and does not advise technology users to select only
those vendors with the highest ratings. Gartner research publications consist
of the opinions of Gartner's research organization and should not be construed
as statements of fact. Gartner disclaims all warranties, expressed or implied,
with respect to this research, including any warranties of merchantability or
fitness for a particular purpose.
Gartner Research "Magic Quadrant for Enterprise Governance, Risk and
Compliance Platforms" by French Caldwell and John A. Wheeler, September 24,
BWise, a NASDAQ OMX Company 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
With this platform, BWise supports an organization's ability to track,
measure, and manage key organizational risks in one integrated system. By
doing so, BWise helps customers to truly be in control by sustainably
balancing their performance and financial and reputational risks. BWise
enables customers to increase corporate accountability; strengthen financial,
strategic and operational efficiencies, maximize performance, and better
understand 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
BWise provides for the GRC needs of hundreds of customers worldwide, across
all industries. Customers include adidas, AEGON, Ahold, AngloGold Ashanti,
Connexxion, Health Alliance Plan (HAP) of Michigan, LeapFrog, Liebherr,
Marathon Oil, Southern Company, Swiss Life, and Transcontinental. BWise has
offices in the Netherlands, United States, Germany, France and the United
Kingdom. For more information, visit www.bwise.com.
CONTACT: BWise, a NASDAQ OMX company
VP of Marketing
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