IBM OpenPages Operational Risk Management

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Discover how iTechGRC leverages IBM OpenPages Operational Risk Management (ORM) to automate risk identification, monitoring, and analysis. Get a consolidated view of your risk data and streamline decision-making with key features like RCSA, loss even


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  1. IBM OpenPages Operational Risk Management: Respond to Dynamic Risk with Confidence In today s dynamic business environment, managing operational risk is crucial to achieving sustainable growth. iTechGRC utilizes IBM OpenPages Operational Risk Management (ORM) to help businesses automate and streamline risk management processes, providing a comprehensive view of all risk data in one place. With IBM OpenPages ORM, businesses can: Integrate risk data from multiple sources into a centralized environment. Automate key processes like risk assessments, loss event tracking, scenario analysis, and issue remediation. Leverage user-friendly dashboards for real-time insights into risk trends and activities. Key Features of IBM OpenPages ORM: 1.Risk and Control Self-Assessments (RCSA): Centralize risk-related documents and enable version control and audit trails. 2.Loss Event Management: Track loss incidents, analyze root causes, and manage action plans. 3.Scenario Analysis: Assess high-impact risks and emerging scenarios for effective decision-making. 4.Issue Management and Remediation: Automate issue tracking and ensure visibility into risk decisions across the organization.

  2. 5.User-Focused Dashboards: Generate intuitive, interactive reports with drag-and- drop features for root cause analysis. 6.Interactive Workflows: Visualize GRC activities and adapt workflows to align with organizational procedures. IBM OpenPages ORM empowers businesses to respond to risk with confidence, providing actionable insights and automated workflows to enhance operational efficiency. Explore how IBM OpenPages ORM can transform your risk management strategy: Learn More

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