Overview

End-to-end GRC solution for all lines of defense

Integrate risk management functions and move to a secure SaaS-based solution to help cut IT overhead and expense. Stay in front of changing regulations and business continuity demands.

Why IBM OpenPages with Watson?

IBM OpenPages® with Watson is an AI-driven governance, risk and compliance (GRC) solution built to help organizations manage risk and regulatory compliance challenges.

Consolidate disparate GRC systems and centralize siloed risk management functions in an integrated solution to reduce the cost of maintaining multiple solutions.

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Features

OpenPages with Watson platform and integrated GRC solutions

Simplify regulatory compliance and reduce expense with IBM OpenPages with Watson.

Business Continuity Management

Help organizations in their effort to develop and manage business continuity and IT resiliency by strengthening their preparedness to respond to future unforeseen events with visibility across risks.

Operational Risk Management

Enables businesses to integrate risk data within a single environment. Automates identifying, measuring, monitoring, analyzing and managing operational risk processes.

Regulatory Compliance Management

Reduces the time and costs of understanding regulatory requirements. Reduce risks, such as sanctions and fines, due to non-compliance. Catalog regulations and create actionable tasks.

Policy Management

Simplifies compliance with numerous industries, ethics, privacy and government regulations. Identifies similarities between regulations to reduce duplicated efforts.

IT Governance

Reduces complexity of IT risk management by aligning IT operations management with business initiatives, strategy and regulatory requirements.

Internal Audit Management

Provides internal auditors with a uniquely configured, cross-departmental view into organizational GRC. Automates and standardizes auditing procedures.

Model Risk Governance

Combines a flexible data model for key stakeholders with document risk management, workflow and business intelligence.

Third Party Risk Management

Enables customers to understand their third-party risk exposures. Customers have access to the Santa Fe Group’s Shared Assessments SIG questionnaires to support this process.

Financial Controls Management

Reduces costs and simplifies compliance with Sarbanes-Oxley Act and similar global reporting regulations.

IBM OpenPages with Watson 8.2 release

The 8.2 release includes the new BCM solution, Watson Assistant integration, and more.

Use cases

SCOR SE

Global reinsurance provider SCOR chose IBM OpenPages to mitigate operational risk and improve user buy-in on GRC tools across the business.

HypoVereinsbank, Member of UniCredit

HypoVereinsbank used IBM OpenPages to automate its risk and control workflows and simplify tracking for over 3,000 internal controls.

General Motors

General Motors unified its Audit, Risk and Control activities with IBM OpenPages, providing holistic insight to help make smarter decisions.

Next steps

The GRC environment is increasingly complex and costly. Speak with a GRC solution expert about the features you need.