The NASDAQ OMX Group has agreed to acquire BWise, an enterprise governance, risk management and compliance software provider.
BWise's GRC platform will be available through NASDAQ OMX Corporate Solutions, a NASDAQ OMX software technology business dedicated to helping public and private companies minimize risk, maximize efficiency and increase transparency with a suite of governance, investor relations and public relations products.
With this acquisition, NASDAQ OMX Corporate Solutions now offers companies the ability to track, measure and manage key organizational risks—including the risk of non-compliance—with governance, management and compliance software and services. Through the fully-integrated BWise GRC platform, NASDAQ OMX Corporate Solutions supports C-level executives and boards as they work to be more efficient managers of risk, increasing the transparency of their companies and allowing them to build more sustainable, compliant businesses.
Additionally, BWise's case management, workflow management, reporting, and dashboard capabilities complement and enrich SMARTS, NASDAQ OMX's surveillance and compliance-monitoring platform for brokers, exchanges and regulators. Together, these solutions provide broker-dealers with a holistic platform for market surveillance, compliance monitoring and risk management globally.