About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Nasdaq Sells GRC Platform to SAI Global

Subscribe to our newsletter

Integrated risk management software provider SAI Global has confirmed plans to acquire BWise, an enterprise governance, risk and compliance (GRC) software platform established in 1994 and acquired by Nasdaq in 2012. The transaction, subject to regulatory approvals, works council and other representative body consultations and notifications in various applicable jurisdictions, is expected to complete in the first half of 2019.

“This transaction is a result of Nasdaq’s renewed corporate strategy to concentrate our resources, people, and capital to maximize our potential as a technology and analytics provider to the capital markets, while also investing to enhance our leading marketplaces and the capital market clients we serve,” says Adena Friedman, Nasdaq President and CEO. “SAI Global is the right partner for BWise, and we are confident in their ability.”

The acquisition forms the next step in SAI Global’s ‘SAI360 Risk Software Strategy’, designed to help organizations across multiple industry verticals manage their risk, compliance and audit programs at a time of intensifying demand on organizational resilience and brand reputation. “The pervasive and unpredictable risk landscape requires organizations to eliminate silos, and focus on time to value across a broad set of use cases,” comments SAI Global CEO Peter Granat. “We are very excited to bring our teams together and leverage our newly-combined capabilities.”

“By joining forces with SAI Global, we have a unique opportunity to drive change at a massive scale and reshape the industry,” adds Jonathan Deeks, CEO of BWise.

The news follows SAI Global’s earlier acquisition in August 2018 of Strategic BCP ResilienceONE, a business continuity management solutions firm: adding business continuity, crisis management, disaster recovery, and contingency management to its existing risk software portfolio.

Until the closing of the transaction, SAI Global and BWise will continue to operate as independent companies.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Managing Non-Financial Misconduct Under SMCR

Non-financial misconduct – encompassing behaviours such as bullying, sexual harassment, and discrimination is a key focus of the Senior Managers and Certification Regime (SMCR). The Financial Conduct Authority (FCA) has underscored that such misconduct is not only unethical but also poses significant risks to a firm’s culture and operational integrity. Recognizing the profound impact on...

BLOG

Compliance Innovation at Droit: Bridging Symbolic Logic and GenAI

Compliance teams frequently face overwhelming regulatory shifts like those imposed by MiFID II or EMIR Refit. For many firms, understanding exactly how a new mandate impacts day-to-day operations can feel overwhelming – unless, of course, you can assess the operational impacts and immediately trace those mandates back to the source text itself. Since its founding...

EVENT

AI in Data Management Summit New York City

Following the success of the 15th Data Management Summit NYC, A-Team Group are excited to announce our new event: AI in Data Management Summit NYC!

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...