Nasdaq BWise Positioned as a 'Leader' in Latest Report on Governance, Risk and Compliance Platforms From Independent Research Firm

NEW YORK, Jan. 27, 2016 (GLOBE NEWSWIRE) -- Nasdaq BWise (Nasdaq:NDAQ) has been positioned as a 'Leader' according to the Forrester Research, Inc report: "The Forrester Wave(TM): 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.