Business Propulsion Systems Inc.

• Position: COMPLIANCE SOFTWARE - Brief article

Business Propulsion Systems Inc. (BPS), a provider of enterprise governance, risk and compliance (GRC) solutions, has launched what it calls its next generation Operational Risk Module, an addition to its newly released BPS Server 5.1 governance, risk and compliance platform.

A key component of the Server 5.1 suite, the Operational Risk represents a significant new advantage for financial services companies pursuing leadership and convergence in risk management. Highly customizable, the module supports loss event processing and tracking, collaborative risk/control self-assessment framework and Key Risk Indicator (KRI) management.

Toronto-based BPS also offers advances in the area of self-assessment planning, design and execution, the company says. Key capabilities include tracking and documenting the review process, peer collaboration, issues and action plan...