BWise, which is a NASDAQ OMX company and deals with Governance, Risk Management and Compliance (GRC) software, has announced that it has been selected by Thailand's Siam Commercial Bank (SCB) to deliver and implement the BWise eGRC platform.
Sebe Gerritsen, Regional Director Asia, BWise, said, "We are very proud to have been selected by SCB to support their ‘GRCJourney’. Their integrated approach towards Internal Audit, Risk Management, Compliance and Business Continuity Management is mature and sophisticated and requires a robust but flexible eGRC software platform. Our global expertise and many years of experience in deploying eGRC software in banking, combined with our local presence through our competent Thai partner Yip in Tsoi, allow us to provide SCB with a first-class GRC solution."
With its strong expertise, we believe BWise will be able to provide a truly integrated, out-of-the-box but very flexible platform which can be configured to fit our specific needs and to also enhance our Internal Audit, Risk Management, Compliance and Business Continuity Management platform efficiency," said Dr. Ellen Nora Ryan, Head of Market and Operational Risk, Risk Management Group, SCB.
This deployment will help to support SCB with the automation and integration of their initiatives for Internal Audit, Risk Management, Business Continuity Management and Compliance.
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