Mizuho manages op risk with OpenPages

Source: OpenPages

OpenPages®, the leading provider of integrated risk management solutions for global companies, today announced that Mizuho Securities, one of the subsidiaries of Japan's leading financial institution Mizuho Financial Group, has selected OpenPages Operational Risk Management (ORM) software to improve its enterprise-wide risk management efforts. OpenPages' strategic alliance partner, ITOCHU Techno-Solutions Corporation (CTC), will help deliver professional services, such as consulting, advisory and implementation services to Mizuho Securities.

OpenPages ORM is a key building block and operational risk management tool in implementing an enterprise-wide, integrated approach to governance, risk and compliance (GRC) management. OpenPages ORM delivers a policy-driven, process-centric way to manage risk through self-assessments, end-user surveys, automated workflow and executive dashboards that provide management with the visibility, control and decision support required to understand and manage risks throughout the organization to optimize business performance.

"We needed to automate the process of identifying, evaluating, and monitoring operational risk data," said Iwao Takai, General Manager of Operational Risk Management Department, Mizuho Securities. "After reviewing several solutions, we are confident that OpenPages ORM will enable us to manage risk more efficiently by providing us with the visibility, control and decision support necessary to mitigate risks throughout our business."

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