Ariel Lüdi joins Oxial as investors and chairman

Following major investment in the company, Ariel Luedi becomes Chairman of the Board of OXIAL, the Swiss Governance Risk and Compliance software company based in Cham in the Zug canton of Switzerland.

Ariel Lüdi is a serial entrepreneur. He was a major shareholder and CEO of hybris software for eleven years, helping to develop the company and position it as a global commerce leader. Ariel‘s role was also instrumental in driving the successful acquisition of the company by SAP in August 2013 for more than 1B USD. Prior to joining hybris, Ariel held various senior positions at Salesforce, Oracle and IBM. Ariel entered the realm of e-commerce in 1996 at BroadVision. Ariel studied Physics at ETH in Zurich.

OXIAL is a Governance Risk and Compliance Software vendor and developer. The company provides GRC software solution that eliminates the main flaws of current GRC software packages, like long implementation time and complex change management. OXIAL offering enables interoperable software modules for the comprehensive management of risk, internal control and internal audit – allowing the safe and phased implementation of a tool for enterprise risk management. OXIAL has offices in Switzerland, Morocco, Paris, Geneva and London.

(Press release)