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.
USP : IBM GRC solutions, which are predictive, adaptive, and integrated, enable organizations to meet risk and regulatory compliance challenges. Products offered by IBM in the eGRC market include IBM OpenPages GRC Platform, IBM OpenPages Operational Risk Management solution, OpenPages GRC, and Fraud Analytics. IBM OpenPages GRC Platform is an integrated GRC platform that enables companies to manage risk and regulatory challenges across the enterprise.