Briefs

BWise, a global provider of governance, risk-management and compliance (GRC) software, is opening a new regional office in Bangkok, in its quest to offer products to companies in Southeast Asia. Yip In Soi is its local partner.
The presence here is expected to help BWise address the increasing interest of Asian financial institutions and other enterprises in risk-management, compliance and internal audit solutions to take control of their key financial and reputational risks.
The decision was announced days after the Bank of Thailand decided it would impose the Basel III regulations as of January 1.

BAY appointment
Bank of Ayudhya has announced the appointment of Pipat Assamongkol as head of its transaction banking group. He is responsible for foreign trade, cash management and security services.
Before joining Krungsri, Pipat had served as executive director in charge of transaction banking at United Overseas Bank (Thai) since 2010.

Social media deal
Kingdom Property has signed an agreement with AddressTalk, a social-media platform for multi-unit communities, to provide interactive communications between the developer and its customers.
The tailor-made community platform was launched for Kingdom’s Southpoint project, a 672-unit development on 4 rai (6,400 square metres) in the Prathumnak Hill area of Pattaya. Southpoint, valued at Bt2.5 billion and scheduled for completion in 2015.