An integrated solution for managing operational risk

IBM® OpenPages® Operational Risk Management automates the process of identifying, analyzing and managing operational risk and enables businesses to integrate risk data into a single environment. This integrated approach helps improve visibility into risk exposure, reduce loss and improve business performance.

OpenPages Operational Risk Management allows you to embed operational risk management practices into the corporate culture, making procedures more effective and efficient.

• Risk indicator tracking — lets you create and monitor performance indicators for key risks and controls.
• Single data repository — provides a central source for risk documentation including entities, processes, risks, controls, tests and results.
• Business intelligence and decision support — delivers dashboards, charts and dimensional reporting to provide insight into the state of risk across the organization.
• Loss event tracking — enables risk managers to track loss incidents and near misses, record amounts and determine root causes and ownership.
• Scenario analysis — supplements risk assessment processes by identifying key scenarios and assessing their impact.