IBM OpenPages sits within the non-financial risk arena and is applicable across industries. I have been predominantly using it as an SME within the financial services sector. IBM OpenPages is particularly useful for capturing operational risks, risk events, issues, and actions. It is very useful for scenario planning and analysis, and insightful reporting and dashboards for internal committees and regulatory reporting.
We have deployed the ORM module in our bank. We have our businesses listed in the application, and we identify risks. We manage multiple controls, assess historical controls, and monitor these controls using test source control monitoring and management. We have recently started using the Assurant module as well.
GRC Solution Consultant at a tech services company with 11-50 employees
Reseller
Top 5
Nov 12, 2024
Clients use OpenPages. I develop the software for them, and it is a very flexible tool with integrated reporting tools and workflows, calculations, and security rules all in one platform.
We use the solution for IT governance, risk management, and office management. We are looking at users' status in the IT risk bank links IT assessment risk assessment. IBM software has a risk register and something with risk controls. It is a new area for us. We are actively marketing this solution. The dashboards are very good. It shows the entire 360 risk view. We can manage global workflow and users' relationships with the links. The document management feature is also very good. It's easy to use and manage.
It plays a crucial role in operational risk management and policy management. It contributes significantly to how organizations handle and mitigate operational risks, as well as manage and enforce policies.
GRC, or Governance, Risk, and Compliance, offers a structured approach for aligning IT with business goals, managing risks effectively, and meeting compliance requirements. It integrates an organization's processes and technology to manage regulatory demands and enterprise risks.By integrating diverse processes into a cohesive framework, GRC assists businesses in enhancing risk management effectiveness and meeting complex regulatory demands. Solutions within this domain are powerful, helping...
My customers' main use cases for IBM OpenPages include ICT risk, operational risk management, and regulatory and compliance management.
I primarily use IBM OpenPages ( /products/ibm-openpages-reviews ) for compliance and audit programs.
IBM OpenPages sits within the non-financial risk arena and is applicable across industries. I have been predominantly using it as an SME within the financial services sector. IBM OpenPages is particularly useful for capturing operational risks, risk events, issues, and actions. It is very useful for scenario planning and analysis, and insightful reporting and dashboards for internal committees and regulatory reporting.
We have deployed the ORM module in our bank. We have our businesses listed in the application, and we identify risks. We manage multiple controls, assess historical controls, and monitor these controls using test source control monitoring and management. We have recently started using the Assurant module as well.
Clients use OpenPages. I develop the software for them, and it is a very flexible tool with integrated reporting tools and workflows, calculations, and security rules all in one platform.
We use the solution for IT governance, risk management, and office management. We are looking at users' status in the IT risk bank links IT assessment risk assessment. IBM software has a risk register and something with risk controls. It is a new area for us. We are actively marketing this solution. The dashboards are very good. It shows the entire 360 risk view. We can manage global workflow and users' relationships with the links. The document management feature is also very good. It's easy to use and manage.
We use it for enterprise risk management, operation risks, and privacy risk management. We also use it for ESG.
It plays a crucial role in operational risk management and policy management. It contributes significantly to how organizations handle and mitigate operational risks, as well as manage and enforce policies.