Press release
SAI Global Completes Acquisition of BWise® from Nasdaq
CHICAGO, April 1, 2019 /PRNewswire/ -- SAI Global, a recognized leader of integrated risk management (IRM) solutions, today announced that it has completed
About this update from Nasdaq, Inc.
[{"type":"text","content":"CHICAGO, April 1, 2019 /PRNewswire/ -- SAI Global, a recognized leader of integrated risk management (IRM) solutions, today announced that it has completed its acquisition of BWise® from Nasdaq, Inc. (Nasdaq: NDAQ), forming one of the world's largest risk management and ethics learning businesses. \n\n\nStarting today, the combination of BWise's award-winning risk management, internal audit and regulatory compliance platform with SAI Global's industry leading SAI360 risk and compliance solution will create the most complete integrated approach to risk management in the marketplace. \n\"This is a significant milestone and the next step in SAI Global's growth roadmap, expanding our global presence, bringing us closer to financial services customers and delivering world-class internal audit and regulatory compliance management software capabilities at scale,\" said Peter Granat, CEO of SAI Global. \"We're thrilled to formally welcome the BWise team and we look forward to leveraging their capabilities and deep industry domain expertise to accelerate innovation.\"\nWith the addition of BWise, SAI Global's solutions and services are better positioned to support customers navigating today's risk landscape with an integrated approach across financial, regulatory, digital and operational risk. Organizations are now forming integrated risk management task forces convening the chief risk officer, corporate compliance officer, general counsel, head of internal audit, head of internal control, chief financial officer, chief information security officer, and data privacy officer around one table. \nHere is what customers can expect as BWise integrates with the SAI360 risk platform over time:\nStarting today, BWise customers will be introduced to SAI Global's catalogue of risk and compliance solutions, including the company's ethics and compliance learning content that helps organizations develop and build a sustainable risk-aware and compliant culture. Customers will now have access to an expanded global network of services and support teams in more than 50 offices across 28 countries and six continents to support their risk, audit and compliance initiatives. Customers will see increased R&D investments in BWise's award-winning technology, which will become part of the broader SAI360 risk platform strategy. Following SAI Global's August 2...