New York, NY, November 10, 2008 – BWise, the global leader in governance, risk and compliance (GRC) management software, announced today that BWise has been chosen as the GRC software solution for Transcontinental, the largest printer in Canada and sixth largest printer in North America. Transcontinental chose BWise to assist the organization with their National Instrument 52-109 (Bill 198) compliance and Risk Assessments.
Transcontinental was looking for a GRC solution that could not only meet their Bill 198 compliance needs, but also their risk assessments and surveying needs. Transcontinental was only interested in vendors that can provide a multi-language GRC system with a proven track record in integrating several national and international compliance mandates. Through demonstrations, as a part of the selection process, BWise was able to prove that they can serve Transcontinental in all of these areas thanks to a process based approach.
With BWise software, Transcontinental will be able to fully test and assess their risks. Personnel can be assigned ownership of particular risks and given responsibility for testing and the assessment of that risk. In fact, surveys and assessments are integrated into the company’s risk and control framework, providing all relevant GRC information in one place.
Chris von der Lieth, BWise Vice President of Sales said “BWise is honored to add Transcontinental as a customer of our GRC software.” Chris added: “We can serve clients globally, working on many different regulations simultaneously. We understand the challenges of implementation in multiple languages as is required in Quebec. We are excited to serve Transcontinental in their efforts".
# # #
About BWise:BWise is the global leader in Governance, Risk and Compliance (GRC) management software, with a strong heritage in business process management. Established in 1994, BWise delivers proven solutions to help organizations become “in control” by increasing corporate accountability; strengthening financial, strategic and operational efficiencies; and maximizing performance and ROI.
With more than 300,000 users in more than 80 countries worldwide in virtually all markets, BWise has developed a strong and sustainable presence in the GRC sector. Utilizing templates and a best-practice implementation approach, BWise enables stakeholders to measure and manage risks and to comply with rules and legislation throughout their organization. Our customers are managing multiple risk-related and compliance initiatives such as Sarbanes-Oxley, Bill 198, Solvency II, Basel II, MiFID, PCI, GLBA, and others. BWise has offices in the Netherlands, United States, United Kingdom, Germany and India. For more information, visit
www.bwise.com.
Media Contacts: BWise
Clarinda Dobbelaar
Tel: 073-6464 915
E-mail:
clarinda.dobbelaar@bwise.comTrimedia
Marijke van Hooren
Tel: 06-1411 0651
E-mail:
mvanhooren@trimedia.nl