BPS Secures $5 Million in Financing.Additional Funding Will Support Business Growth, Product Development TORONTO -- BPS (Bits Per Second) The measurement of the speed of data transfer in a communications system. 1. BPS - Basic Programming Support 2. bps - bits per second (Business Propulsion Systems), a leading provider of enterprise governance, risk and compliance (GRC GRC Greece (ISO Country code) GRC Glenn Research Center (NASA) GRC Governance, Risk and Compliance GRC Gendarmerie Royale du Canada (RCMP - Canada) GRC John H. ) solutions, announced today that it has secured $5 million CAD in additional funding from its existing group of shareholders, including Covington Capital Corporation and Brookfield Technology Fund. "We are very pleased at our shareholders' ongoing commitment to support BPS' continued growth," said Mark Opausky, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "With the confidence of our investors and the strength of our technology, BPS is poised to deliver high-impact value for our clients and grow rapidly in the GRC space for financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. institutions." "This additional financing will allow us to continue to fund our working capital requirements Capital requirements Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. ," said Steve Wilson, CFO/COO. "We will be accelerating our investment in both our product and our people." About BPS. BPS (Business Propulsion Systems Inc.) is setting the standard in enterprise-level governance, risk and compliance solutions exclusively for global financial services institutions. The company's flagship product, BPS Server, is a flexible, scalable and comprehensive system for managing compliance, internal audit and operational risk across the organization With offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Toronto, BPS provides enterprise-strength solutions that deliver measurable value to clients across North America and around the world. For more information, visit www.bpsgrc.com |
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