Optial announces cost effective Op Risk SaaS model

Source: Optial

Optial, a leading developer of operational risk software solutions, announced today that it has updated its Software as a Service (SaaS) hosted software service in order to provide better quality deployment at lower costs.

As well as the standard license to use basis, Optial additionally provides a SaaS deployment option, for those organisations who wish to outsource the IT and system management aspects of their operational risk system. Optial provides the server hardware and IT support services through a trusted, certified, hosting partner, leaving the customer free to concentrate on the core business activities of ensuring that operational risks are managed comprehensively and transparently. This provides clients with a world-class system at a much reduced cost of ownership and a fast track to quick deployment.

Chris O'Brien, CEO of Optial said "We have provided Optial on a SaaS basis for over 8 years now.  Coming in to 2009, it was clear to us that the need for robust risk, compliance and audit management systems has become more important than ever, against a backdrop of widespread budget cut-backs across all industries. It made sense for us to review the service we offer and we have worked hard to optimize our service offering to be more efficient and cost effective, therefore providing our clients with more for less. This makes Optial solutions accessible to many more organisations, regardless of their location or size."

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