Thursday, September 27, 2012

Saudi Hollandi Bank successfully implementes BWise for - AME Info

Ishraq Al Tal Posted by Ishraq Al Tal
Wednesday, September 26 - 2012 at 10:16 UAE local time (GMT+4)

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About Saudi Hollandi Bank:

Saudi Hollandi Bank, the first bank in the kingdom of Saudi Arabia, was established in 1926. Originally, it was known as 'The Netherlands Trading Society', and operated out of one office in Jeddah. As it was the only bank in the Kingdom at the time, it acted as the central bank, keeping the Kingdom's gold reserves and receiving oil revenues on behalf of the Saudi Arabian government.

Today Saudi Hollandi Bank offers a wide range of products and services to corporate- and institutional customers. Over the ensuing years, SHB have continued to expand and develop. SHB introduced a number of technical innovations in banking and expanded its range of products and services and its customer base.

Today, the company employs over 1,400 staff and operates through a network of more than 50 branches, 15 Ladies Sections and over 260 ATMs.

About BWise:

BWise, a NASDAQ OMX company, is the global leader in Enterprise Governance, Risk Management and Compliance (GRC) software. Based on a strong heritage in business process management, BWise delivers a truly integrated and proven GRC platform.

With this platform, BWise supports an organization's ability to track, measure, and manage key organizational risks in one integrated system. By doing so, BWise helps customers to truly be in control by sustainably balancing their performance and financial and reputational risks. BWise enables customers to increase corporate accountability; strengthen financial, strategic and operational efficiencies, maximize performance, and better understand risks.

Using BWise, organizations are able to comply with regulations such as Sarbanes-Oxley, ISAE3402/SAS-70, PCI, Solvency II, Basel II and III, Dodd-Frank, ISO-standards, European Corporate Governance Codes and many more.

BWise provides for the GRC needs of hundreds of customers worldwide, across all industries. Customers include adidas, AEGON, Ahold, AngloGold Ashanti, Connexxion, Health Alliance Plan (HAP) of Michigan, LeapFrog, Liebherr, Marathon Oil, Southern Company, Swiss Life, and Transcontinental. BWise has offices in the Netherlands, United States, Germany, France and the United Kingdom.

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Source: http://www.ameinfo.com/bwise-announces-successful-implementation-operational-risk-312922

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