Do you have to face ever increasing demands when it comes to meeting various regulations, standards or regulations? Are you able to efficiently anticipate and eliminate all operational risks?
If you find Excel or other solutions no longer suffice to solve these problems, a comprehensive solution for risk management will come in handy. A solution, which incorporates sophisticated and fully integrated tools for the analysis, management and monitoring of various types of risks – all in the form of a simple and intuitive web or mobile application.
IBM OpenPages platform provides an integrated solution consisting of specialized tools for GRC – tools for managing compliance, operational, regulatory and IT risks, as well as internal audit processes. The tools are fully scalable and flexible which means they are easily adaptable to use with existing methodologies. The tools can be configured completely by business department with minimal required interventions from IT department and include dozens of pre-built reports based on Cognos BI technology.
IBM OpenPages platform consists of 5 fully combinable modules:
IBM OpenPages Operational Risk Management
IBM OpenPages Policy and Compliance Management
IBM OpenPages Internal Audit Management
IBM OpenPages IT Governance
IBM OpenPages Financial Controls Management
Each module contains a prearranged object model covering given area. The models are shared across modules to the maximum possible extent. All modules use common architecture and data repository. They are fully scalable and exceptionally flexible with the possibility of adaptation to use with existing methodologies. Integration with Cognos BI technology with dozens of pre-built reports is a huge advantage.
IBM Algorithmics software provides an integrated solution consisting of highly specialized tools for management of credit and market risks, liquidity risks and other specific areas in the financial sector.
Advanced models and best-practices are available for every tool. All this in the form of a modern web application with many pre-built reports based on Cognos BI technology.
List of selected IBM Algorithmics set modules:
Algo Credit Risk
Algo ALM and Liquidity Risk
Algo Market Risk
Algo Actuarial and Financial Modelling
Algo Collateral Management