Learn how IBM® OpenPages® can help customers avoid regulatory penalties and reduce risk management efforts in this Forrester TEI study.
What is IBM OpenPages with Watson™?
A fully unified, smarter GRC environment
IBM OpenPages with Watson is an AI-driven, highly scalable governance, risk and compliance (GRC) solution that runs on any cloud. Centralize siloed risk management functions within a single environment designed to help you identify, manage, monitor and report on risk and regulatory compliance, especially in today’s changing business landscape.
Benefits
Zero-training UI
Drive GRC adoption into all three lines of the business with a modern task-focused UI to complete tasks.
Expertise with AI
Translate documents across 50+ languages, obtain 24/7 support with a GRC virtual assistant, promote accuracy and efficiency in incident reporting with AI relevant classifications.
Third-party integrations
Achieve data integration with comprehensive REST APIs that integrate GRC processes to third-party connectors.
Predictive insights
Provide insight into the state of risk across the organization with IBM Cognos Analytics for self-service data exploration and insights.
Automate workflows
Configurable workflows to automate GRC processes in minutes, creating time to value. New options include drag and drop functionality and workflow variables.
Deploy anywhere
Infuse IBM OpenPages anywhere, behind your firewall or on any cloud through IBM Cloud Pak for Data.
Features
Improve operational efficiency
GRC Workflow designer
The embedded GRC Workflow feature covers many out-of-the-box use cases that can run on a scheduled basis. Drag and drop functionality enables administrators to modify or create new workflows through the user interface.
Common risk library
Enables unlimited levels of entities, processes, risks, and control hierarchies to match the unique structure of an organization. Eliminates redundancies through shared documents, processes, risks, and controls.
Business analytics and intelligence
Dynamic dashboards, charts, and dimensional reporting gives insight into the state of risk across the organization. Drill-down through sub-reports for root cause analysis.
Develop Key Risk Indicators
Create and monitor performance indicators for all key risks and controls. Track risk metrics and thresholds, with an automated notification when thresholds are breached.
News and Announcements
2020 Gartner Magic Quadrant for IT Risk Management
IBM OpenPages with Watson wins “Best UI Innovation” award
Run IBM OpenPages with Watson Anywhere
Client stories
SCOR SE
HypoVereinsbank
General Motors
See our product modules
Automate your GRC processes with ease
IBM OpenPages Operational Risk Management
Automate the process of identifying, measuring, monitoring, analyzing, and managing operational risks.
IBM OpenPages Regulatory Compliance Management
Drive efficient end-to-end regulatory compliance management.
IBM OpenPages Model Risk Governance
Demonstrate strong model governance, reporting and compliance.
IBM OpenPages IT Governance
Obtain a holistic view of IT risks and map them to business processes.
IBM OpenPages Internal Audit Management
Automate and manage internal audits and conduct broader risk and compliance management activities.
IBM OpenPages Business Continuity Management
Prepare your enterprise for business continuity and protect employees in the face of disruptive events.
IBM OpenPages Third Party Risk Management
Mitigate risks and improve business results with each of your vendors.
IBM OpenPages Policy Management
Keep your policies and procedures up to date with your internal and external obligations.
IBM OpenPages Financial Controls Management
Reduce costs and complexity of complying with Sarbanes-Oxley and similar financial reporting regulations.
IBM OpenPages Data Privacy Management
Break down silos between IT and compliance for complete data privacy and governance.
