BWise, a NASDAQ OMX Company, and IQ Business Agree to Partnership

Partnership to Offer Best-of-Industry Governance, Risk Management and Compliance (GRC) Software and Services to South Africa

JOHANNESBURG, South Africa and DEN BOSCH, Netherlands, Aug. 13, 2013 (GLOBE NEWSWIRE) — BWise, a NASDAQ OMX company and the leading provider of enterprise Governance, Risk Management and Compliance (eGRC) software, today announced it has entered into a partnership agreement with IQ Business, the leading independent, management consulting firm in South Africa. This partnership agreement offers BWise customers in South Africa local support and implementation resources for the BWise(R) GRC platform.

IQ Business and BWise will join forces in selling, implementing and supporting the BWise integrated enterprise GRC software platform which enables clients to significantly improve business performance, manage financial and reputational risks and ensure compliance.

Adam Craker, CEO of IQ Business believes, “The BWise offerings are very attractive to our clients as they allow both partners to provide clients with the most appropriate solutions and services to meet their business needs, while ensuring they are at the forefront of global innovation in this discipline.”

“Further development of the South African market is a strategic direction for BWise,” said Rob van Straten, BWise Senior Vice President of Sales. “The partnership with IQ Business further enables BWise to engage with new clients in the region, while also increasing the capacity to support our existing customers to help them expand the BWise platform they have implemented in to other areas of use. Partnering and working with IQ Business is advantageous as they have an excellent reputation as a provider of professional services to enterprises in South Africa. Their high level of integrity and entrepreneurial approach are an ideal fit with BWise values.”

BWise was acquired by NASDAQ OMX in 2012 and supports organizations to track, measure and manage key organizational risks with the BWise(R) GRC Platform. For more information about BWise, please visit

About IQ Business

IQ Business is the leading, independent management consulting firm in South Africa, providing clients in the financial services sector, retail, telecommunications and other industries with dramatic improvements in productivity, cycle times and quality by aligning people, process and technology. Founded in 1998, IQ is a proudly South African company with regional offices in the United States and Australia with over 500 employees. We are privately owned and fully empowered with a level 3 BEE certification.

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About BWise

BWise, a NASDAQ OMX company, is a global leader in Enterprise Governance, Risk Management and Compliance (GRC) software. Based on a strong heritage in business process management, the BWise(R) GRC platform provides companies with highly-rated, proven software solutions for Risk Management, Internal Control, Internal Audit, Compliance & Policy Management, IT GRC and Sustainability Performance Management.

BWise’s end-to-end solutions support an organization’s ability to understand, track, measure, and manage key organizational risks. BWise helps companies truly be in control by balancing performance with their financial and reputational risks, improving corporate accountability, increasing financial, strategic and operating efficiencies. Using BWise, organizations are able to efficiently comply with anti-corruption regulations like FCPA and the UK Bribery Act, the Sarbanes-Oxley Act, European Corporate Governance Codes, ISAE3402/SAS-70, PCI-DSS, Solvency II, Basel II and III, Dodd-Frank, ISO-standards, and many more.

BWise sales, service and support offices around the globe provide for the GRC needs of hundreds of clients, including: adidas, AEGON, Ahold, AngloGold Ashanti, Connexxion, Health Alliance Plan (HAP) of Michigan, LeapFrog, Liebherr, Marathon Oil, Southern Company, Swiss Life, and Transcontinental. For more information, visit Follow us on LinkedIn, Facebook and Twitter.

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CONTACT: IQ Business

Juliet Arnesen
+27 (0)11 259 4000

BWise, a NASDAQ OMX company
Jan-Cees Polderdijk
+31 (0)73 6464915