‘s-Hertogenbosch, Netherlands, and Ramat-Gan, Israel November 7, 2011 – BWise, the global leader in Governance, Risk and Compliance (GRC) management software solutions, announced today that it has entered into a partnership agreement with Business Intelligence (BI) leader LiBi Software Technology in Israel. Through this partnership BWise will expand its Middle East footprint, offering its analyst recognized GRC solutions to meet the increasing demand for Operational Risk Management solutions in this region.
LiBi has developed its BI activities into the Business Process Analysis (BPA) and Operational Risk Management (ORM) areas and will join forces with BWise in marketing, selling, implementing and supporting its GRC software solution .Both Gartner and Forrester named BWise a leader in their latest
research on enterprise Governance, Risk and Compliance platforms.
Rob van Straten, BWise SVP of EMEA, stated, “BWise has already successfully implemented the BWise GRC suite in a number of countries in the Middle East region. Entering the Israeli market is a strategic decision. In the Israeli market, BWise has identified a hundred companies with a high Risk Management maturity level and we expect to implement integrated GRC solutions with many of them in the near future. We are pleased with the partnership with LiBi, the company has an impressive enterprise customer base and an exemplary consultancy workforce. By establishing this partnership, BWise is enabled to locally support our growing customer base and meet the high demand for our leading GRC software solutions.”
Max Tropp, LiBi’s Manager Business Development, said, “The cooperation with BWise is a big step forward for us. It implements our philosophy in which results are important but dependent on processes and people, while influenced by dynamic operational risks. We are proud to have been selected by BWise as their representative in the Israeli market and to bring value to our customers by offering professional GRC consultancy and services, tailored around the BWise software platform.”
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About LiBi Software Technology
LiBi Software Technology Ltd. provides BI solutions for the Israeli market. LiBi Software Technology specializes in BI applications, LiBi Software Technology implements advanced solutions for organizations and institutions in Israel in every market sector. The company has hundreds of customers, including Israeli companies such as Cellcom, Eliyahu Insurance, the Employment Service, Harel Insurance, the IDF, Israel Railways, Menora-Mivtachim Insurance, Orbotech, Osem, Hapoalim Bank, Teva, etc. LiBi Software Technology’s BI applications answer the needs of organizations that want to improve the decision-making process, analyze accumulated information in various systems within the organization, and streamline and control various operations and the entire organization. For more information, visit
www.libi.co.il.
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
www.bwise.com.
Contact details:
BWise
Clarinda Dobbelaar
VP Global Marketing & Communications
Email:
clarinda.dobbelaar@BWise.com
Office: (+31)73-6464915
www.bwise.com
LiBi Software Technology
Max Tropp
Manager Business Development
Email:
maxt@libi.co.il
Office: (+972) (0)3-6129088
www.libi.co.il