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Regulations and Laws

In today’s highly regulated business environment, corporations are required to comply with a multitude of regulations around the globe, including privacy, financial reporting, industry and process related regulations. Regardless of the scope of an organization’s compliance environment, similarities across regulations (and other risk management activities) create overlapping management, documentation and audit demands, which can overwhelm efforts to effectively identify and manage compliance risk.

The OpenPages Platform serves as the foundation for a company's enterprise risk management efforts through its ability to unite an organization’s risk and compliance initiatives into a single management system. The OpenPages Platform provides a modular and integrated approach to governance, risk and compliance, enabling organizations to manage risk and compliance across multiple regulations, including financial reporting, privacy, industry and more.

OpenPages Solutions for Regulatory Compliance

OpenPages GCM provides an enterprise-wide, integrated approach to risk and compliance management. OpenPages GCM helps companies comply with regulations such as AML related regulations like the BSA, the PATRIOT Act and others, FERC and NERC standards, banking regulations like the alphabet regulations, and a multitude of others OpenPages GCM delivers a policy-driven, process-centric way to manage compliance through risk and control self-assessments, end-user surveys, automated workflow and executive dashboards that provide management with the visibility, control and decision support required to manage compliance and optimize business performance.

OpenPages FCM is the market-leading software solution for compliance with the Sarbanes-Oxley Act and similar worldwide financial reporting laws and regulations. It automates an organization’s entire compliance lifecycle – from design and documentation, through test, review, approval and certification. Combining full document management, powerful workflow and interactive reporting capabilities, OpenPages FCM makes compliance procedures more efficient while providing executive management with assurance that the organization is meeting its compliance requirements.

OpenPages ORM automates the process of identifying, measuring and monitoring operational risk, integrating all risk data – risk and control self assessments, loss events and key risk indicators – in a single solution. OpenPages ORM combines powerful document and process management with a monitoring and decision support system that enables organizations to analyze, manage and mitigate risk in a simple and efficient manner, helping banks comply with Basel II.

OpenPages ITG facilitates excellence in Information Technology risk and compliance management by aligning IT policy, risk and operations management with corporate business initiatives, strategy and operational standards. Leveraging a core, shared-services and open architecture, OpenPages ITG makes IT risk and compliance management achievable, enabling organizations to sustain compliance across multiple IT best practice frameworks like CobiT and ISO 17799/27002, regulations like FERC, and industry standards like PCI, while managing internal IT control and risk according to the business processes they support. OpenPages ITG unites multiple silos of IT risk and compliance to deliver improved visibility, better decision support, performance and stronger valuation.

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For questions or for more information on OpenPages enterprise risk management solutions, please click here or call us at 781.693.5999.

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