Waltham, Mass. - September 6, 2005 - OpenPages, the leading provider of enterprise governance, risk and compliance management (GRCM) solutions, today announced that Jackson National Life Insurance Company® has selected OpenPages Sarbanes-Oxley Express (SOX Express) for its Sarbanes-Oxley compliance initiatives. Jackson National will deploy SOX Express to automate the company’s ongoing test and review of its internal controls documentation in order to reduce the time and resource costs associated with Section 404 and 302 compliance.
Founded in 1961, Jackson National Life Insurance Company has evolved from a single-channel insurance company offering few products to a $65-billion firm offering multiple products through multiple distribution channels throughout the United States. Positioned to win, Jackson National Life® has the products, distribution relationships, technological expertise, and flexibility to profitably meet customer needs. Jackson National's objective is to continue building a profitable and sustainable position in the U.S. market.
“We selected OpenPages because we felt SOX Express provided the strongest functionality for compliance and the easiest interface for end users,” said Russ Peck, vice president at Jackson National. “OpenPages demonstrated a clear enterprise compliance vision, while emphasizing a commitment to product quality and customer satisfaction."
OpenPages SOX Express is an enterprise compliance management solution that reduces the time and resource costs associated with ongoing compliance for Sections 302 and 404 of the Sarbanes-Oxley Act. SOX Express combines powerful document management, business process management and flexible reporting capabilities in an extremely easy-to-use environment that enables an organization to document financial controls and automate the ongoing test and review process. Completely web-based, SOX Express maximizes end-user participation with little training. Its dashboards can be used by project managers, documentation team members, internal auditors and external auditors to plan, document and test the internal controls framework of the company, and to attest to the financial statements.
OpenPages is the leading provider of integrated risk management solutions for global companies. The OpenPages Governance, Risk and Compliance (GRC) Platform empowers a risk-based approach to identify and manage key business risks across the enterprise. This approach enables companies to focus on what’s important and to avoid unexpected outcomes while improving performance. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with international offices in the United Kingdom, distribution partners in Japan and South Africa and regional offices throughout North America.
For more information on OpenPages' governance, risk and compliance solutions, please click here or call us at 781.693.5999.
