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August 31, 2005

Global 360 and BWise strike governance partnership

Process management vendor Global 360 Inc announced an alliance with compliance and control software vendor BWise Inc, which will see Global 360 globally marketing BWise's Corporate Governance solution in conjunction with its own Active Compliance Framework.

By CBR Staff Writer

The joint solution is said to provide an integrated risk management framework that can adapt to multiple IT infrastructures, helping companies achieve compliance with key regulatory requirements such as Sarbanes Oxley.

The companies said the offering integrates compliance and business process management (BPM), bringing customers a better way to gain enterprise-wide compliance and control.

Global 360 launched its Active Compliance Framework in July, as part of its Enterprise BPM suite. The company said the active compliance framework will assist companies in meeting the requirements of a variety of new laws, including Sarbanes-Oxley and the Health Insurance Portability and Accountability Act, HIPAA. The framework can be used to build processes that comply with existing or future legislation.

Global 360 – formerly eiStream – says it has over 20 years of process management experience and has 2,000 customers in 134 countries. It is headquartered in Texas with operations in North America, Europe, and the Pacific Rim. Meanwhile BWise is headquartered in the Netherlands, with its US base in New York. Founded in 1994, customers include AEGON, VNU/AC Nielsen, TNT, TDFG Bank of Canada and ABN AMRO Bouwfonds.

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