NYSE Euronext Units Corpedia and Corporate Board Member Enter Into Strategic Alliance With Marsh
20 Marzo 2013 - 12:00PM
Business Wire
Corpedia and Corporate Board Member, NYSE Euronext (NYX)
companies, and Marsh announced today that they have entered into a
strategic alliance to provide directors and officers with enhanced
governance, risk and compliance resources.
The alliance combines Corpedia’s expertise in governance, risk
and compliance education and advisory services, and Corporate Board
Member’s expertise in providing senior officers and directors with
governance and compliance resources, with Marsh’s directors and
officers liability (D&O) expertise, powerful analytical
platform, and claims advocacy support. Together, they will provide
directors and officers with unrivaled advisory services and
resources they need to make informed decisions on
compliance-related trends and issues.
In the first of what will be several new joint offerings, the
organizations have launched the Board Compliance Oversight and
Governance Diagnostic. The diagnostic assists companies in
benchmarking their current board programs to those of their peers
and provides insight into ways they can improve governance
processes and mitigate risk.
Commenting on the alliance, David Bidmead, U.S. CEO of Marsh
said, “One of the greatest risks companies face today is the
evolving scope and complexity of regulatory reform, which creates a
great degree of uncertainty from a D&O liability standpoint.
Through our alliance with Corpedia, we will give companies and
their directors and officers the tools they need to better
understand the increasingly challenging regulatory framework in
which they operate and ensure that they are conversant and
compliant.”
Corpedia President Tim Erblich stated, “Board members are
increasingly aware of and interested in compliance issues as a
result of high-profile compliance failures covered regularly in the
news and increased interest from regulators, investors, and
insurers. We are excited about the prospects of enhancing our board
and director advisory services and expanding our benchmarking not
only to our network of NYSE Euronext companies, but to any public
or private company board that is striving to improve its governance
and effectiveness.”
For more information about the Board Compliance Oversight and
Governance Diagnostic or to request the complimentary diagnostic,
go to www.corpedia.com.
About Corpedia
Corpedia, an NYSE Euronext Company, offers a variety of
innovative and user-friendly compliance and ethics solutions.
Developed by experts with years of experience and industry insight,
Corpedia's diverse product lines identify and quantify key risks
while also providing actionable tools for mitigating and preventing
compliance breakdowns. Ranging from e-learning courses that
reinforce key concepts through engaging interactions to advisory
services that provide insight into compliance best practices,
Corpedia’s solutions can be tailored to fit each organization.
www.corpedia.com.
About Corporate Board Member
Corporate Board Member, an NYSE Euronext company, is the leading
information and education resource for senior officers and
directors of publicly traded corporations, large private companies,
and Global 1000 firms. The quarterly publication, Corporate Board
Member magazine, provides readers with decision-making tools to
deal with the strategic and corporate governance challenges
confronting their boards. Corporate Board Member further extends
its governance leadership through an online resource center,
conferences, roundtables, and timely research. The magazine
maintains the most comprehensive, up-to-date database of directors
and officers serving on boards of publicly traded companies listed
with NYSE Euronext and The NASDAQ OMX Group Inc stock exchanges.
www.boardmember.com.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial
markets and provider of innovative trading technologies. The
company's exchanges in Europe and the United States trade equities,
futures, options, fixed-income and exchange-traded products. With
approximately 8,000 listed issues (excluding European Structured
Products), NYSE Euronext's equities markets−the New York Stock
Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE
Arca−represent one-third of the world's equities trading, the most
liquidity of any global exchange group. NYSE Euronext also operates
NYSE Liffe, one of the leading European derivatives businesses and
the world's second-largest derivatives business by value of
trading. The company offers comprehensive commercial technology,
connectivity, and market data products and services through NYSE
Technologies. NYSE Euronext is in the S&P 500 index. For more
information, please visit: www.nyx.com.
About Marsh
Marsh, a global leader in insurance broking and risk management,
teams with its clients to define, design and deliver innovative
industry-specific solutions that help them protect their future and
thrive. It has approximately 26,000 colleagues who collaborate to
provide advice and transactional capabilities to clients in more
than 100 countries. Marsh is a wholly-owned subsidiary of Marsh
& McLennan Companies (NYSE: MMC), a global team of professional
services companies offering clients advice and solutions in the
areas of risk, strategy and human capital. With more than 53,000
employees worldwide and annual revenue exceeding $11 billion, Marsh
& McLennan Companies is also the parent company of Guy
Carpenter, a global leader in providing risk and reinsurance
intermediary services; Mercer, a global leader in talent, health,
retirement and investment consulting; and Oliver Wyman, a global
leader in management consulting. Follow Marsh on Twitter
@Marsh_Inc.
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