BPS Sets New Standard for Governance, Risk and Compliance Management; BPS Server Version 5.1 to offer flexible, holistic solution.TORONTO -- Business Propulsion Systems Inc. (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 ), 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 the release of the improved BPS Server, version 5.1, a flexible multi-module platform for comprehensive operational risk, audit and regulatory compliance management. BPS Server version 5.1 includes enhanced reporting, audit and risk management modeling capabilities as well as an improved user interface and more sophisticated customization functionality. As BPS' flagship offering, the new platform offers 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 a highly flexible solution that derives measurable value from compliance management. Specific new functionality includes: --Improved configurability - including the ability to extend objects such as risks, controls, tasks, issues and remediation plans --Complex organizational risk modeling - users can now create, import, design and manage multiple organizational structures within the application to classify risks and ensure effective reporting --Customizable audit trail - clients can customize which events the system audit trail should capture and how --Strengthened reporting - enabled by JasperSoft technology, users can easily and effortlessly design custom reports and publish them at runtime "BPS Server is the only GRC solution that can truly grow and change with financial institutions' needs in the evolving regulatory environment," said Mark Opausky, 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. , BPS. "With version 5.1, we aim to answer our customers' demands for a highly tailored, comprehensive and intuitive system Intuitive™ system Cybersurgery A proprietary minimally invasive surgical system which provides 3D visualization and translates the surgeon's hand movements into precise microsurgical movements via 8 mm ports. Cf Cybersurgery. that reduces the compliance burden while delivering a return on the risk management investment." "The unique and flexible architecture of the new BPS Server is a key technological advantage over competitor systems," said Paul Doscher, CEO of JasperSoft Corporation, the leader in open source business intelligence reporting The preparation and conveyance of information by any means. More commonly, the term is restricted to reports as they are prepared by the collector and as they are transmitted by the collector to the latter's headquarters and by this component of the intelligence structure to one or more and a BPS technology partner. "We are pleased to once again partner with BPS to enable advanced JasperIntelligence reporting capabilities in a superior solution with enhanced reporting, modeling and audit capabilities for the financial services marketplace." About BPS Business Propulsion Systems Inc. (BPS) is setting the standard in enterprise-level governance, risk and compliance solutions 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. A privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. with offices in Toronto and 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 , BPS provides enterprise-strength solutions that deliver measurable value to clients across North America and around the world. For more information, visit www.bpsserver.com. |
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