OpenPages Technology

The Foundation for Enterprise Risk Management

The OpenPages Platform serves as the foundation for a company's enterprise risk management efforts by unifying enterprise-wide risk and compliance initiatives into a single management system. With solutions for Financial Controls Management, Operational Risk, IT Risk and Compliance, General Compliance and Internal Audit, the OpenPages Platform provides a modular and integrated approach to governance, risk and compliance.

The OpenPages Platform includes a set of services that support all our solutions. These core technology services comprise the basic building blocks of an OpenPages solution. These services include: 

These technology services provide the range of capabilities required for an integrated risk and compliance management program. For instance, dashboards and reports surface issues early and provide real-time views for identifying key exceptions, providing visibility into the state of operations and decision support to better understand how to respond when issues arise. Our robust workflow capabilities provide automatic notification, so you will be able to move beyond risk mitigation and leverage risk for competitive advantage. Our technology services layer also provides enterprise-class document management capabilities for policy documents, test evidence and other critical documents that provide evidentiary record for risk and compliance initiatives. These technology services, as well as the others, provide the foundational capabilities for the OpenPages Platform.

Specific benefits of the OpenPages Platform include:

• No change to your methodology: Most other companies either force you to change your risk management processes or to develop custom extensions to their software. Changes to your methodology due to an inflexible technology solution will negatively affect your ability to incorporate risk management into your business operations.
• Lower costs: Custom code is more expensive to develop for initial implementation and much more expensive to maintain and extend over time.
• Time to deployment: OpenPages metadata–driven application framework provides unparalleled configuration to support rapid implementation at a fraction of the time compared with custom development approaches.
• Future proofing: Your risk and compliance processes will evolve over time to meet changing business and regulatory requirements. OpenPages unique configuration capabilities will allow you to quickly adapt your risk framework to meet changing requirements while minimizing the impact on your business operations.

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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.