For further information, contact:

Kerry MacInnes
Unified Compliance Framework
Phone: 510-962-5192
kmacinnes@unifiedcompliance.com
 
Clarinda Dobbelaar
BWise
Phone: +31 (0)73 6464915
clarinda.dobbelaar@bwise.com

 

BWise Licenses Network Frontiers' Unified Compliance Framework

 

FOR IMMEDIATE RELEASE

LAFAYETTE, CA, January 14, 2010 - Network Frontiers, the leader in IT regulatory compliance management, is pleased to announce that BWise, provider of industry-leading Governance, Risk and Compliance Management Software, has licensed the Unified Compliance Framework (UCF).

Network Frontiers' UCF, rapidly becoming the industry standard regulatory framework for compliance vendors, brings together IT controls from over 400 international regulatory requirements, standards and guidelines, harmonized into a single cross-referenced set of requirements that clearly show the many points where global, state and industry regulations overlap.

Businesses use the UCF to effortlessly identify the commonalities among multiple regulations, leverage existing policies, processes and tools to meet regulatory demands, and dramatically cut the cost and time invested in compliance efforts. Comprehensive quarterly updates help to ensure continuous compliance.

BWise's end-to-end solution provides actionable, easily understood enterprise risk information dynamically via innovative tools including Key Risk Indicator dashboards and configurable heat charts, enabling organizations to gain real control over enterprise and operational risks. Partnering with Network Frontiers enables BWise customers to further mitigate compliance costs, reduce administrative burdens, and leverage the value of their compliance-related technologies and services, with no need to adjust their current risk and control processes

"BWise will bring the UCF content into business practice by integrating existing business frameworks with external regulations. BWise's business process knowledge and background enables users to immediately see which systems and processes are impacted by changing regulations. The regulatory content is made actionable and this is what everybody is looking for," said Luc Brandts, CTO and Founder of BWise.

"We are pleased to partner with BWise; we share a commitment to providing innovative tools that meet real world business needs," said Craig Isaacs, CEO of Network Frontiers. "Rationalizing IT controls across the entire compliance spectrum is the only sensible way for businesses to manage complex compliance demands."

About Network Frontiers and the UCF
Since 1992, Network Frontiers has developed ground-breaking tools to support IT best practices with a special focus on regulatory compliance, metrics, systems continuity and governance. The Unified Compliance Framework (UCF) is Network Frontiers' flagship product. By focusing on commonalities across regulations, standards-based development, and simplified architectures, the UCF supports a strategic approach to IT compliance that reduces cost, limits liability, and leverages the value of compliance-related technologies and services across the enterprise. The UCF's content and methodology is the direct result of Network Frontiers deep understanding of IT regulations and standards and decades of experience consulting for clients, publications, and vendors in the mission-critical IT arena.

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 hundreds of customers in more than 80 countries worldwide in virtually all markets, BWise has developed a strong and sustainable presence in the GRC industry. 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, and Germany.

 

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