BPS Upgrades Risk-Management Server - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Government // Enterprise Architecture

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.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
Slideshows
10 Ways to Transition Traditional IT Talent to Cloud Talent
Lisa Morgan, Freelance Writer,  11/23/2020
News
What Comes Next for the COVID-19 Computing Consortium
Joao-Pierre S. Ruth, Senior Writer,  11/24/2020
News
Top 10 Data and Analytics Trends for 2021
Jessica Davis, Senior Editor, Enterprise Apps,  11/13/2020
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
Why Chatbots Are So Popular Right Now
In this IT Trend Report, you will learn more about why chatbots are gaining traction within businesses, particularly while a pandemic is impacting the world.
Slideshows
Flash Poll