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Banking Customers

OpenPages provides compliance and risk management solutions to companies within the banking industry including:

 

Banking Industry Solutions

Today's turbulent economy and shaky world order have brought harsh realities to the forefront in the banking industry. Across retail, wholesale or investment operations, banks are challenged to compete efficiently and effectively, while meeting new regulations, such as Basel II, SOX and AML, and contending with greater expectations for the oversight of key business risks.

Improve Efficiencies by Managing Risk and Compliance Issues

To meet these challenges, banks are focused on improving operational efficiencies, managing risk and compliance across the enterprise, and allocating capital with a true understanding of how risk/reward impacts profitability. Executive management and board members want a deeper understanding of how risk is being managed in their businesses and, in particular, how to manage risk to create the greatest reward for their shareholders.

OpenPages for Disciplined Risk Management & Compliance Control

OpenPages has helped leading banks worldwide to leverage risk management strategies to optimize their business performance. The OpenPages Platform enables banks to execute disciplined risk and compliance programs to manage unexpected outcomes and to reduce the impact of realized risks when they do occur.

Risk Management Software Provides Visibility into Risk

OpenPages solutions provide enhanced visibility into the risk landscape, enabling business managers to make smarter decisions that maximize value, reduce costs and balance risk and returns. OpenPages enables organizations to achieve their strategic goals for both existing business processes and new initiatives, while avoiding hazards and shocks along the way.

Compliance with Multiple Regulations - Basel II, SOX, AML, FDICIA

OpenPages works with banks across the globe enabling them to eliminate risk and compliance silos, manage risk across the business, sustain compliance across multiple regulations, and embed these activities into their core business practices. OpenPages can help you

  • Meet new and evolving regulations including Basel II, FDICIA, GLBA, AML, and SOX
  • Automate compliance and supervision to help oversee business processes and employee activities, and review business processes against organizational policies and regulatory guidelines
  • Proactively manage all aspects of operational risk, risk and control self assessments, scenario analyses, loss events, and key risk indicators
  • Allocate capital efficiently using a risk-based understanding of profitability and performance of their operations

Request Information

For questions or for more information on OpenPages' Enterprise GRC Management solutions, please click here or call us at 781.693.5999.

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