IBM CORPORATION in eGRC Software
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Summary
It allows organizations to integrate risk management process, and manage risks and compliance across multiple regulations, including Basel II, Solvency II, SOX and SOX-like requirements, financial reporting, data privacy, industry regulations, and leverage GRC information to make better business decisions. IBM OpenPages Operational Risk Management solution empowers enterprises across the globe to manage, monitor, and analyze operational risks. OpenPages GRC software solution helps enterprises in better decision-making by providing an insightful and comprehensive view of various risk factors. The solution enhances the competencies of businesses in monitoring risk exposure and predicting subsequent risks. Fraud Analytics solution enables in attaining optimal fraud prevention by providing real-time predictive analytics. Apart from cost savings, the solution also helps organizations to quickly approve and validate transactions with higher certainty.
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IBM CORPORATION Reviews
Buyer, Asia Pacific Mid Market Company
Jan 14, 2023
4. Initially, I was hesitant to invest in the eGRC offering from IBM Corporation, but after speaking to many people, I decided to go ahead with it. I am now glad that I did. The product vision, features, and ease of use were exactly how they were marketed. Cost of ownership was also quite reasonable, and there were no problems during installation and setup. Interoperability and integration with other services also worked perfectly and I did not face any issues. The use of the latest technology and supporting futuristic use cases was also noteworthy. In terms of customer service, I had an excellent experience too. I would easily rate the eGRC offering from IBM Corporation 4.5 out of
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IBM CORPORATION Presence in
eGRC Software
IBM is dedicated to providing integrated GRC solutions and platforms to its clients. The fulfillment of the
requirement of complying with certain rules and policies in a growing regulatory environment has led to the
increasing demand for IBM OpenPages GRC Platform. This platform on the cloud serves the GRC needs of
every business, irrespective of the organization size or business orientation.
Its efforts toward strengthening GRC solutions is evident from the fact that company launched two new
versions of OpenPages GRC solution from 2015. Its strategic acquisitions are intended to make it an
emerging strong player in the hardware, software, and service market. Moreover, it spends 6 to 7% of its
annual revenue on R&D for promoting and launching innovative and upgraded solutions. In 2015, IBM
upgraded its OpenPage GRC platform with the launch of version 7.2.x. Thus, the company promises a
future for better integrated GRC solutions.
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