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Signet Jewelry Selects Bwise for Risk Management

GRC Announcements | September 23, 2010

Specialty retail jeweler, Signet Jewelers Limited, has selected BWise, a governance, risk and compliance management software provider, to assist with its risk management capabilities. With BWise as their GRC platform, Signet is able to fully manage all risk categories and to better streamline its compliance processes. Signet chose BWise for its integrated and holistic view on risk and the usability of the overall BWise GRC platform.

The reduction of business risk is a key objective for Signet. By implementing BWise, Signet is able to replace its in-house tools and manual processes and move towards a more standardized and efficient risk management approach across all its divisions. The implementation of BWise will address all of Signet's key risks including, strategic, compliance, operational and financial risks. As an SEC filer, Signet is also keen to implement BWise's SOX functionality as a second phase in 2011.

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