Tuesday, March 17, 2009

BWise and Huron Consulting Group will Jointly Offer Services in Governance, Risk and Compliance Market

BWise, a global leader of governance, risk and compliance (GRC) software solutions and Huron Consulting Group (NASDAQ:HURN), a leading provider of business consulting services, today announced a teaming arrangement focused on the combined delivery of services and business development in the US market. Through the combined offering, BWise and Huron will help customers reach their short and long term governance, risk and compliance goals in the most efficient way.

The combined offering is focused on migrating customers to the next level of GRC maturity. Customers will benefit from a single, integrated approach, offering Huron consulting services and the BWise GRC platform. Huron can guide a customer through its change management process while the BWise GRC platform will grow with the customer’s needs in a flexible way.

According to Robert Pijselman, CEO of BWise, "We reach out for a long term relationship with our customers. During this relationship, organizations change. By teaming with Huron, we can assist our customers through their business development process. This will result in a GRC solution perfectly matched with the customer’s needs today, and tomorrow. We are pleased that Huron selected BWise as a partner in the GRC space."

“We are seeing more companies becoming proactive with GRC initiatives in light of increasing demands for regulatory oversight,” said Keith Keller, managing director, Huron Consulting Group. “By evaluating and pre-selecting the BWise GRC solution, we can respond to these initiatives quickly and recommend a best-of-breed solution with a customized fit to client requirements. We are now in a position to offer clients a total solution that includes experienced professionals, proven methodology and the leading technology to solve their GRC needs.”

By joining forces, Huron and BWise can help large businesses, particularly Fortune 500 companies. BWise has hundreds of global customers who rely on its solution for their GRC success. Huron complements BWise with additional customer services through their experienced management consultants.

About BWise

BWise is the global leader in Governance, Risk and Compliance (GRC) management software, with a strong heritage in business process management. Established in 1994, BWise delivers proven solutions to help organizations become “in control” by increasing corporate accountability; strengthening financial, strategic and operational efficiencies; and maximizing performance and ROI.

With more than 300,000 users in more than 80 countries worldwide and in virtually all markets, BWise has developed a strong and sustainable presence in the compliance and risk management sectors. Utilizing templates and a best-practice implementation approach, BWise enables management to measure and manage risks and comply with rules and legislation. BWise has offices in the United Kingdom, Germany, the Netherlands, United States and India. For more information, visit http://www.bwise.com.

About Huron Consulting Group

Huron Consulting Group helps clients in diverse industries improve performance, comply with complex regulations, resolve disputes, recover from distress, leverage technology, and stimulate growth. The Company teams with its clients to deliver sustainable and measurable results. Huron provides services to a wide variety of both financially sound and distressed organizations, including leading academic institutions, healthcare organizations, Fortune 500 companies, medium-sized businesses, and the law firms that represent these various organizations. Learn more at www.huronconsultinggroup.com.

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