IBM OpenPages GRC Services | GRC Consulting – iTechGRC

Drive your business performance and resilience through

We empower organizations to adopt a connected, intuitive, and integrated approach to mitigate risk, be compliant with US and international regulations, quickly respond to auditors’ queries, and control the risk associated with the misuse of confidential data.

We empower organizations to adopt a connected, intuitive, and integrated approach to mitigate risk, be compliant with US and international regulations, quickly respond to auditors’ queries, and control the risk
associated with the misuse of confidential data.

Our core expertise encompasses

Governance Enablement, Risk Mitigation, And Compliance

01

Effectively Manage and Mitigate Risk

Streamline risk identification, assessment, monitoring, and mitigation processes by gaining deeper visibility into the top risks through advanced analytics, heat maps, reports, dashboards, and charts. Utilize standard risk assessment methodologies to establish a uniform approach to enterprise-wide risk management.

Operational Risk Management Business Continuity Management
02

Simplify Regulatory Compliance Management

Effortlessly map internal policies to regulations, standards, and laws. Identify regulatory changes and evaluate their impact on business processes, policies, risks, and controls. Empower users with deeper insights into compliance procedures with dashboards and visually appealing reports.

Policy Management Model Risk Governance Regulatory Compliance Management
03

Improve Assurance and Financial Controls

Drive agile and well-defined internal audit processes, including risk assessments, audit planning, scheduling, work paper management, audit execution, analysis of audit findings, creation of audit reports, and follow-ups. Significantly decrease the time and cost involved in establishing and managing financial controls.

Internal Audit Management Financial Control Management
04

Efficiently Manage Third-Party Risks

Gain a single point of reference to identify, assess, mitigate, and monitor third and fourth-party risks to ensure compliance, track performance, and manage issues. Facilitate information gathering from third-party, real-time monitoring, due diligence, onboarding, as well as risk and control assessments.

Third-Party Risk Management
05

Enforce IT Governance and Data Privacy

Align IT operations with business strategy and regulatory requirements to sustain compliance with best practices frameworks such as ISO, ITIL, and COSO. Track and document all relevant IT incidents and facilitate root cause analysis through interoperability with third-party technologies.

IT Governance Data Privacy
06

Enable Environment Social Governance (ESG)

Manage your ESG program compliance by quickly capturing, tracking, and governing your ESG objectives. Maintain a library of ESG frameworks and map them to relevant business units and locations. Track achievement of ESG objectives with reports.

ESG

How Our GRC Services Benefit Your Business

Minimize losses with smarter business decisions utilizing timely risk intelligence for improved agility. Our AI-driven solutions meet the GRC needs of today’s global enterprises and their dynamic ecosystem.

01

Improve operational efficiency: Reduce the cycle time and costs of risk assessments while improving resource utilization

02

Drive agility and risk-based decision-making: Get a single-pane view of the top risks faced by your organization across all lines of the business

03

Deliver forward-looking risk visibility: Anticipate and respond better and quicker to adverse risk events with predictive risk metrics and indicators

04

Build confidence with regulators: Establish a strong risk data governance and issue reporting framework with clear lines of accountability

Why iTech for your GRC needs?

framework

Proven framework and methodologies

badge

An experienced pool of certified consultants

solutions

Integrated and scalable solution

automation

GRC automation and partner ecosystem

Our Partnership with IBM

iTech is an IBM RegTech partner for selling and implementing IBM OpenPages with Watson. We help organizations manage and mitigate risk, streamline regulatory compliance management, improve assurance and financial controls, efficiently manage third and fourth-party risks, enforce IT governance and data privacy, and enable environment social governance (ESG).

ibm gold business partner

Why IBM OpenPages

IBM OpenPages with Watson provides a holistic view of risk and regulatory obligations across the enterprise. It spans operational risk, model risk, third-party risk, regulatory compliance, IT governance, business continuity, internal audit, policy, financial controls, and data privacy management.

OpenPages merges Watson’s AI capabilities and the expertise of an extensive partner like iTechGRC to help risk and compliance professionals make more informed decisions. IBM and Forrester Consulting conducted a recent Total Economic Impact (TEI) study that evaluated the financial impact of IBM OpenPages. The cost savings and business benefits over three years include the following

218 %

in ROI

$ 5.1

Million in Benefits

$ 3.5

Million in NPV

Why IBM OpenPages

IBM OpenPages with Watson provides a holistic view of risk and regulatory obligations across the enterprise. It spans operational risk, model risk, third-party risk, regulatory compliance, IT governance, business continuity, internal audit, policy, financial controls, and data privacy management.

OpenPages merges Watson’s AI capabilities and the expertise of an extensive partner like iTechGRC to help risk and compliance professionals make more informed decisions. IBM with Forrester Consulting, conducted a recent Total Economic Impact (TEI) study that evaluated the financial impact of IBM OpenPages. The cost savings and business benefits over three years include the following

218 %

in ROI

$ 5.1

Million in Benefits

$ 3.5

Million in NPV

New enhancements in the latest
IBM OpenPages with Watson version 9.0.0

With v9.0.0, IBM has released several new improvements, including the integration of custom machine learning models and notable updates in workflows and dashboards of individual product modules.

iTech’s team of experienced GRC consultants possess the necessary expertise to seamlessly upgrade your system to the latest version of IBM OpenPages, specifically version 9.0.0.

Please read our detailed blog to learn what is new in IBM OpenPages with Watson v9.0.0.

Stay informed with us

Get insights into the latest regulatory trends and stay updated with popular industry standards and frameworks changes through our critically crafted blogs and articles.

Case Studies

Stories of disruptive thinking and
innovation-led solutions.

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Blogs

Insightful blogs on
Governance, Risk, and Compliance.
Read, Learn, and Grow.

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E-Books

Enrich your knowledge
and get the latest IRM
best practices and
happenings from our
intriguing e-books.

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Let's start a conversation

Contact us to learn how we help you drive risk-aware decisions and enhance your compliance stance with our GRC services.

    Schedule a consultation with a GRC Expert