OpenPages Launches Third Podcast in ERM Forum Series with Testimonial from Carnival Corp

September 22, 2008

Video testimonial highlights the role of Sarbanes-Oxley compliance within Carnival’s overall risk management initiatives

Waltham, Mass — September 22, 2008

News Facts

• OpenPages, the leading provider of enterprise GRC management solutions that optimize business performance, today launched the third podcast in their ERM Forum Podcast series which highlights customer, partner and GRC expert interviews held during the company’s recent Executive ERM Forum.
• The third podcast in this series features John Klein, vice president, corporate audit services, Carnival. As part of his interview with Gordon Burnes, OpenPages’ vice president of sales & marketing, John Klein discusses Carnival’s enterprise risk management initiatives and the underlying role Sarbanes-Oxley has played in carrying out these activities. 
• Carnival currently uses OpenPages’ solutions to improve Carnival’s GRC activities, enabling Carnival to develop and commit to a robust, enterprise-wide approach to governance, risk and compliance initiatives. 
• Regarding the current status of the economic environment, Carnival’s risk management initiatives evolved despite the downturn in the economy. Presently, within the organization, Carnival is promoting best practices to combat risk with proactive GRC solutions.
• The third Podcast in the series will be available on the OpenPages blog beginning September 22, 2008. Following, the company will continue to release new Podcast interviews every two weeks, with the last culminating at the fifth-annual OpenPages User Symposium in October.

Quotes from John Klein, vice president, corporate audit services, Carnival

• "Carnival’s risk management vision is managed in a holistic manner. We have a number of initiatives that began with Sarbanes-Oxley, which was the first structured GRC activity in our organization. We believe risk exists in virtually every job function within the organization. The extent that employees understand that risk and are able to manage them effectively will enhance our business optimization."
• "Technology has provided an enterprise risk management structure for Carnival. Certainly our management understands the concept of and identifies risk activities, however, in the past we did not have the framework, structure, or discipline to bring it all together. Now, technology has helped our organization report and structure risk management activity."

Quotes from Gordon Burnes, VP of sales & marketing, OpenPages

"Sarbanes-Oxley compliance plays an integral role as an underlying driver towards the adoption of a broader governance, risk and compliance strategy. For many of our customers – including Carnival – utilizing Sarbanes-Oxley compliance as a common framework allows organizations to fulfill compliance requirements while enhancing overall business performance."

About OpenPages

OpenPages is the leading provider of enterprise GRC management solutions that optimize business performance. OpenPages empowers the world’s largest companies by unifying governance, risk and compliance (GRC) activities across the enterprise and by incorporating risk management into their day-to-day business processes. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with international offices in Japan and the United Kingdom, and regional offices throughout North America.

For more information on OpenPages' suite of risk and compliance solutions, please click here or call us at 781.693.5999.