Openpages began as a company that developed electronic publishing systems for media companies. Dec 18, 2019 compare ibm openpages pricing to alternarive governance, risk and compliance grc solutions. Ibm picked up openpages, a privately held software company focused on enterprise compliance and risk management. Ibm openpages grc platform enterprise edition software. Specifically, it offers a comprehensive risk management system unmatched by other grc platforms. Ibm openpages grc platform singlefunction software subscription and support renewal 1 year 1 user value unit overview and full product specs on cnet. Ibm openpages is rated 0, while rsa archer is rated 9. It combines many forms of risk data, which includes risk and control selfassessments, loss events, scenario analysis, external losses, and key risk indicators, into a single integrated module. Though all are good software providers and ensure good gui and have enough experience in this. Openpages allows organizations to manage risk and compliance across the entire enterprise ultimately reducing loss, improving decisionmaking and optimizing business performance. Yes, the ibm openpages grc platform includes a java sdk api to support application extensions and integration with enterprise applications. On the other hand, ibm openpages is most compared with rsa archer, metricstream and nasdaq bwise, whereas sap businessobjects grc is most compared with rsa archer, security weaver and infor.
Openpages grc platform is an innovative solution in handling large industry workload. Ibm to acquire openpages for grc, operational risk management. In my organization, it was a cloud based solution so the tool was always available. Ibm openpages grc platform is a suite of applications that supports enterprise risk management activities. As technology moves forward, the software also adapts by machine learning tethered with efficient volume handling and complex regulation. When comparing ibm openpages to their competitors, on a scale between 1 to 10 ibm openpages is rated 5. When comparing ibm openpages to their competitors, on a scale between 1 to 10 ibm.
It combines many forms of risk data, which includes risk. One platform for managing multiple dimensions of risk. We use the best scanning techniques combined with advanced data science to monitor the market share of over 5,000 technology products, including enterprise grc. To do so, you need to understand the different platforms that are out there. Ibm openpages grc platform singlefunction software. Ibm openpages, a governance, risk and compliance grc software. It then evolved into an enterprise content management system vendor before pivoting towards grc software. An effective grc strategy requires having the right tools in place. Dell technologies rsa is a leader in the 2019 gartner magic quadrant reports for integrated risk management solutions, it vendor risk management. Ibm openpages grc platform is an integrated governance, risk and compliance platform that enables companies to manage risk and regulatory challenges across the enterprise. Ibm openpages with watson wins 2019 gartner peer insights customers choice for irm read.
Openpages product portfolio by performanceg2 performanceg2. Downloading and assembling the product navigate to the passport advantage web site and download all of the parts that you need, both required and optional. In 1996, amherst, massachusetts based american computer innovators aci, a company founded may 1990 began developing an electronic publishing system for news publishers and other media companies. Itqlick chart 2020 best governance, risk and compliance grc software finding the right business software for your business proper business software selections are the precursor to successful deployment and business growth.
Using watson analytics to analyze loss events from the ibm openpages grc platform by watson analytics. Ibm openpages operational risk management helps to automate the process of identifying, measuring, and monitoring operational risk. Forwardlooking statements this documentation describes the current functionality of the product. Introduction use this guide with the ibm openpages it governance module. Ibm openpages grc platform enterprise edition software subscription and support renewal 1 year 1 install overview and full product specs on cnet. In the enterprise grc category, ibm openpages has a market share of about 1. Oct 26, 2017 first published on nov 18, 2016 this is a demo video of installing openpages grc platform version 7. The ibm openpages grc platform allows organizations to. How to evaluate, select and implement enterprise grc software. Ibm openpages grc regulatory compliance management demonstration.
Ibm openpages with watson demo ibm openpages grc platform. Ibm openpages is rated 0, while sap businessobjects grc is rated 0. Dell technologies rsa is a leader in the 2019 gartner magic quadrant reports for integrated risk management solutions, it vendor risk management tools, it risk management and business continuity management program solutions, worldwide. Buying the right grc platform for your organization is all about. Openpages has changed significantly in the seven years since ibm acquired the unit, which originally grew out of electronic publishing software developed by american computer innovators, a massachusettsbased technology firm, in the 1990s. We help clients with grc advisory and design, tool evaluation and selection, and implementation and optimization services. Ibm openpages with watson wins 2019 gartner peer insights customers choice for irm read more. Openpages has changed significantly in the seven years since ibm acquired the unit, which originally grew out of electronic publishing software developed by american computer innovators, a. Grc platform insight into enterprisewide risk to make better business decisions. Integrate risk management processes across the enterprise. Itqlick chart 2020 best governance, risk and compliance grc software finding the right business software for your business proper business software selections are the precursor to successful. Openpages with watson documentation has accessibility features. Openpages as a solution for addressing enterprise risk management.
Finding information to find ibm openpages grc platform product documentation on the web. References to items that are not currently available may be. Ibm openpages governance, risk, and compliance grc platform gives organizations the capability to gain greater insight into all aspects of their enterprisewide governance, risk, and compliance initiatives with an integrated platform that seamlessly adapts to a companys unique risk management methodologies, taxonomies, and business practices. This product is a very powerful tool to monitor and control the operational risk at your. Ibm openpages ibm openpages the decision provides a number of basic services and functional components covering the area of risk and compliance with official requirements. Centralize your siloed risk management functions using an integrated grc platform that reduces the cost of maintaining multiple solutions while also improving. Ibm acquires openpages for compliance, risk management. Theres kind of an uptick in the nextgeneration grc platform technology, she said.
At the moment, the grc market is going through a bit of a renaissance, said idc analyst angela gelnaw, one of the authors of the report. The companys global capabilities include services, software, hardware, fundamental research and financing. Victory in the grc product category confirms its status as an industry leader in an increasingly crucial. Compare ibm openpages pricing to alternarive governance, risk and compliance grc solutions. Openpages is a governance, risk management, and compliance grc software package now. Buying the right grc platform for your organization is all about asking the right questions, explained sam abadir, vice president of industry solutions at lockpath, a leading provider of compliance and risk management software. Choose business it software and services with confidence. I would say the biggest players are still archer and sap. For information about prerequisite software, refer to the ibm openpages grc platform version 7. Ibm downloading ibm openpages grc platform version 7. Products ibm openpages ibm openpages the decision provides a number of basic services and functional components covering the area of risk and compliance with official requirements. The software was eventually marketed as an enterprise content management system under the brand product.
There are a variety of grc software offerings on the market for organizations to consider. Get to know a few of the available product options. Also, many of these products are shells that can be. Ibm openpages is ranked 7th in grc while sap businessobjects grc is ranked 9th in grc. Openpages fcm is the marketleading software solution for compliance with the sarbanesoxley act and similar worldwide financial reporting regulations. Ibm openpages grc on cloud is a service that provides clients with a toolset designed to help identify, manage, monitor, and report on risk and compliance initiatives, enterprisewide. Which companies are the main competitors in the grc. Ibm acquires openpages for compliance, risk management software. Easy for simple object configurations but if you want to do a workflows, triggers and notifications you will need to hire ibm to program it which is another costs to your already paid software and annual software support. Grc is one of the most flexible terms in the vendor lexicon, because most of them use it to describe whatever they are selling. Though all are good software providers and ensure good gui and have enough experience in this field. Other major and competing products in this category include.
Downloading and assembling the product navigate to the passport. Easy for simple object configurations but if you want to do a workflows, triggers and notifications you will need to hire ibm to program it which is another costs to your already. Sep 15, 2010 ibm acquires openpages for compliance, risk management software. It then evolved into an enterprise content management system vendor before pivoting towards grc.
Manage risk and compliance across multiple regulations, including basel ii, solvency ii. Manage risk and compliance across multiple regulations, including basel ii, solvency ii, sox, and soxlike requirements, financial reporting, data privacy, industry regulations, and more. Openpages is a governance, risk management, and compliance grc software package now owned by ibm in 1996, amherst, massachusettsbased american computer innovators aci, a company founded may 1990 began developing an electronic publishing system for news publishers and other media companies. Finding the right solutions doesnit have to be complicated, and it doesnit have to take days or weeks of your time. Only available to businesses, government agencies and academic institutions operating within the usa and russia. Openpages, by ibm is a cloudbased platform that helps businesses of all sizes manage compliance and risk requirements. A comprehensive report on a specific software product, aggregating feedback from real it professionals and business leaders. The software was eventually marketed as an enterprise content management system under the brandproduct name openpages composer. First published on nov 18, 2016 this is a demo video of installing openpages grc platform version 7. To help organizations meet their most challenging risk and compliance requirements, ibm delivers markets. Ibm openpages operational risk management overview united.
Our vast experience with developing risk and compliance tools as well as implementing many grc software solutions provides a unique set of choices and services to our clients. Ibm openpages grc platform is an integrated grc platform that enables companies to manage risk and regulatory challenges across the enterprise. Pdf documents are supplemental and include no added accessibility features. In 2010, openpages was acquired by ibm to become a part of their business analytics software division. For grc and risk management software, you can try starcompliance, capterra, or powerdms. Products offered by ibm in the egrc market include ibm openpages grc platform, ibm openpages operational risk management solution, openpages grc, and fraud analytics. The science of software costpricing may not be easy to.
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