IoT
Government // Enterprise Architecture
News
6/30/2006
05:59 PM
50%
50%

BPS Upgrades Risk-Management Server

Business Propulsions Systems Inc. has upgraded its platform for operational risk, audit and regulatory compliance management for financial institutions.

Business Propulsions Systems Inc. has upgraded its platform for operational risk, audit and regulatory compliance management for financial institutions.

BPS Server version 5.1, released this week, includes better modeling capabilities, an improved user interface and more sophisticated customization, officials with the Canadian company said.

Among the new functionality is the ability to extend objects, such as risk, controls, tasks, issues and remediation plans. In addition, users can create, import, design and manage multiple organizational structures within the application to classify risks for better reporting.

Users can also customize which events the system's audit trail should capture and how. The platform's reporting capabilities have been enhanced through the use of technology from JasperSoft.

"With version 5.1, we aim to answer our customers’ demands for a highly tailored, comprehensive and intuitive system that reduces the compliance burden while delivering a return on the risk management investment," Mark Opausky, chief executive of BPS, said in a statement.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Register for InformationWeek Newsletters
White Papers
Current Issue
Top IT Trends to Watch in Financial Services
IT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on InformationWeek.com for the week of July 17, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.