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BWise integrated GRC your business in control Annual Central Risk Management Conference 2012 April 30 th , 2012 Rob van Straten, SVP EMEA & Apac
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Transcript of Bwise
BWise integrated GRCyour business in control
Annual Central Risk Management Conference 2012
April 30th, 2012
Rob van Straten, SVP EMEA & Apac
BWise Company Facts
2
Mission:“To help companies worldwide track, measure and manage key organizational
risks, including the risk of non-compliance, by offering best-of-industry Governance, Risk and Compliance software and services"
Company founded in 1994
400+ customers worldwide
Offices in US, France, Sweden,
UK, Germany, Netherlands
GRC focus and commitment
40% annual growth, R&D
consistently 16% of revenue
Leading in customer
satisfaction
Key points to take away
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• Best-in-class integrated GRC platform for Internal Control,
Risk Management, Internal Audit, Compliance and
Sustainability
• Fully configurable software platform ensures performance, scalability and easy upgrades
• World class implementation teams, Academy for knowledge transfer and effective services for maintenance and support
Mission:“To help companies worldwide track, measure and manage key organizational
risks, including the risk of non-compliance, by offering best-of-classGovernance, Risk and Compliance software and services"
Analyst Recognition: Gartner and Forrester
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Source: Forrester Research, Inc.
BWise has been a leader in the Forrester Wave since 2006
BWise has the highest ‘Ability to Execute’ andis in the Leaders Quadrant for the 3rd time in a row
400+ BWise customer worldwide
Banking Insurance Other
Energy Production Processes
Sales Marketing Processes
Distribution Processes
Product Development Processes
1st Level of Defense: Business Responsibility
Implement
Policies
Provide
Evidence
Report
Incidents
Monitor
Risks
2nd Level of Defense: Risk & Compliance
Define Risk
Language
Define
Policies
Track
regulations
Help assess
Risks
4th Level of Defense: External Audit
Assess
Risks
Audit
Organization
Track Audit
Findings
Certify
Organization
3rd Level of Defense: Internal Audit
Assess
Risks
Audit
Organization
Track Audit
Findings
Review
Policies
GRC in the Enterprise
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AW20
שקופית 6
AW20 Slide Luc usesAnna-Lena Westra, 07/02/2012
4 Levels in Risk Management
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Integration – Single Risk Language
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Internal Control
Internal Audit
Compliance
Risk Management
One single framework with many dimensionsused by multiple departments
GRC Journey
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Level o
f au
tom
atio
n
Au
tom
ate
dM
an
ua
l
Tim
elin
e: m
ed
ium
-term
(1 –
3 y
ears
)
Business Transformation
Balanced Risk & Performance Management
Continuous Monitoring
Risk Convergence & Controls Rationalization
Silo-Based Automation
Manual Processes
AW18
שקופית 9
AW18 Adjusted based on comments LBAnna-Lena Westra, 07/02/2012
Where to start?
Define Success Reduce (external)
Audit Costs
Satisfy Major Stakeholders
Issues and Interests
Reduce Burden
on the Organization
Reduce
Risk Exposure
Compliance
Cost Reduction
Quick wins or biggest pain points
SOxICFRSOxICFR
SOxICFRSOxICFR
ERMERM
ORMORM
SOxICFRSOxICFR
ERMERM
AuditAudit
LegalCompliance
LegalCompliance
ORMORM
SOxICFRSOxICFR
ORMORM
SOxICFRSOxICFR
AuditAudit
IT GRCIT GRC
SOxICFRSOxICFR
IT GRCIT GRC
ERMERM
AuditAudit
SOxICFRSOxICFR
Issue Tracking
Issue Tracking
IT GRCIT GRC
PCICompliance
PCICompliance
Client A Client B Client EClient DClient C Client GClient F
GRC Journey; Think big - Start small
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Audit
AW19
שקופית 12
AW19 Issue Management has been added to the right columnAnna-Lena Westra, 07/02/2012
Gerard ParkerRisk Management (RM)
Michael BauerInternal Control (IC)
Jackie McLarenCompliance &
Policy Mngt (CPM)
Damian ThomsonIT GRC
Kim LeeSustainabilityPerformance
Management (SPM)
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BWise® GRC Platform
Ann GreenInternal Audit (IA)
Management Control Dashboard
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QUESTIONS?
Contact:
• BWise: Rob van Straten, [email protected]
• LiBi: Max Tropp, [email protected]
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