Streamlining Operational Risk Management with IBM OpenPages
Partnering with ITech GRC, a Premier IBM OpenPages Partner, ensures that your business can implement, customize, and support this powerful tool effectively. Our team can help you put the u201c4 Psu201d into action, keeping your business proactive,
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Streamlining Operational Risk Management with IBM OpenPages: A Practical Guide Failing to prepare is preparing to fail. Benjamin Franklin s words resonate with businesses today as 76% of companies experienced major disruptions last year, leading to financial losses, downtime, and damage to their reputations. A strong Operational Risk Management (ORM) strategy is crucial to avoid these pitfalls. ORM acts as the defense for your business, ensuring it continues to run smoothly, even in challenging times. Key elements like risk management, loss tracking, regular testing, and fast issue resolution form the backbone of the "4 Ps" framework Predict, Prevent, Prepare, and Protect helping businesses stay resilient. With IBM OpenPages, managing ORM becomes easier. This platform provides real-time insights and a comprehensive risk management solution with tools for scenario analysis, loss event management, and emergency response planning. Partnering with ITech GRC, a Premier IBM OpenPages Partner, ensures that your business can implement, customize, and support this powerful tool effectively. Our team can help you put the 4 Ps into action, keeping your business proactive, resilient, and ready for any challenge. Learn more: Mastering Operational Risk Management with IBM OpenPages Contact Us: ITech GRC Contact Us
