TRANSFORM WORKFLOW
2500+
See how one of the leading banks reimagined and transformed the daily workflow of 2,500+ auditors with the help of our Data and AI technology.
RETURN ON INVESTMENT
218%
By avoiding regulatory penalties and reducing risk management efforts, see how organizations achieved a 218% ROI, according to the Forrester TEI report.
HIGHLY SCALABLE
2500+
KBS-GRC Consulting supports more than 2,500 concurrent front-office to back-office users, allowing for continuous risk monitoring and oversight.
ABOUT IBM® OpenPages®
Streamlining Governance Risk and Compliance
IBM® OpenPages® is a comprehensive governance risk and compliance (GRC) platform that empowers organizations to effectively manage their risk and compliance activities.
With a robust set of features and functionalities, OpenPages enables businesses to streamline their GRC processes, enhance decision-making, and achieve their strategic objectives.With a robust set of features and functionalities, OpenPages enables businesses to streamline their GRC processes, enhance decision-making, and achieve their strategic objectives.
IBM® OpenPages® offers a robust and comprehensive GRC platform to streamline governance, risk, and compliance
SMARTER, DOMAIN-TARGETED & FULLY UNIFIED GRC OFFERINGS
We provide fresh ideas to conceptualize, design, develop and strategize the entire project roadmap to reduce the risk, keep time and development cost under control and provide high-quality product outcomes.
HOLISTIC GRC MANAGEMENT
IBM® OpenPages® provides a centralized platform to manage all aspects of GRC. It allows organizations to consolidate various GRC functions, including compliance management, risk assessment, policy and procedure management, issue and incident tracking, and audit and compliance reporting. By centralizing these functions, OpenPages eliminates silos and provides a holistic view of an organization’s GRC landscape.
REGULATORY COMPLIANCE MADE EASY
Staying compliant with a complex web of regulations is a critical challenge for organizations across industries. IIBM® OpenPages® simplifies compliance management by providing a comprehensive library of regulations and industry standards. It enables organizations to map their existing policies and controls to specific regulations, ensuring alignment and reducing compliance gaps. OpenPages also facilitates automated compliance assessments, documentation, and reporting, making regulatory compliance more efficient and transparent.
POLICY AND PROCEDURE MANAGEMENT
Effective governance relies on well-defined policies and procedures. IBM® OpenPages® enables organizations to create, manage, and communicate policies and procedures across the organization. The platform ensures version control, tracks policy acceptance, and monitors adherence to established procedures. OpenPages streamlines the policy lifecycle, making it easy to update policies, distribute them to relevant stakeholders, and track compliance.
INTEGRATED RISK MANAGEMENTGF
IBM® OpenPages® offers robust risk management capabilities, allowing organizations to proactively identify, assess, and mitigate risks. The platform provides tools for risk identification, risk assessment, and risk quantification, enabling organizations to prioritize and address the most critical risks. OpenPages facilitates risk scenario analysis, risk heat maps, and risk reporting, empowering decision-makers with actionable insights to manage risks effectively. Additionally, OpenPages supports the integration of risk data from various sources, enabling a comprehensive view of enterprise-wide risks.
INCIDENT AND ISSUE TRACKING
Efficiently managing incidents, issues, and complaints is crucial for organizations to address risks and maintain compliance. IBM® OpenPages® provides a comprehensive incident and issue tracking system. It allows organizations to capture incident details, assign responsibilities, track investigations, and monitor resolution progress. With OpenPages, organizations can implement a standardized process for incident management, ensuring timely response, resolution, and learning from incidents.
AUDIT AND COMPLIANCE REPORTING
IBM® OpenPages® simplifies the audit process and enhances compliance reporting capabilities. The platform automates the collection of data, generates audit trails, and facilitates customizable reporting. OpenPages supports the creation of comprehensive compliance reports, enabling organizations to demonstrate adherence to regulations and industry standards. The platform’s reporting capabilities provide valuable insights into an organization’s compliance status, helping stakeholders make informed decisions.
ADVANCED ANALYTICS AND INSIGHTS
IBM® OpenPages® leverages advanced analytics and reporting capabilities to provide organizations with actionable insights. The platform enables organizations to analyze GRC data, identify trends, and detect anomalies. OpenPages’ intuitive dashboards and visualizations facilitate data-driven decision-making, enabling organizations to allocate resources effectively and prioritize risk and compliance initiatives.
SCALABLE AND FLEXIBLE
IBM® OpenPages® is designed to accommodate the needs of organizations of all sizes and complexities. The platform’s scalability and flexibility allow for seamless integration with existing systems and data sources. OpenPages supports customization to adapt to specific business requirements, ensuring a tailored GRC solution that aligns with organizational objectives.
Your partners in the GRC transformation journey
Our OpenPages GRC Consulting solution is an AI-driven, highly scalable governance risk and compliance (GRC) solution that runs on any infra ie (On-prem or cloud). It Centralize siloed risk management functions within a single environment designed to help you identify, manage, monitor and report on risk and regulatory compliance, especially in today’s changing business landscape.
Risk and Compliance Consulting
KBS Risk and Compliance consulting supports client growth with strategic, transformational, and technical functional offerings across different sectors.
OpenPages Implemention & Support
Delivers core services and functional components spanning operational risk, regulatory compliance, IT risk and security, internal audit, vendor risk and management.
Cognos Analytics Implementation
Cognos makes it easy to integrate a wide range of external data with internal user data, helping comprehensive data analysis and produce confident business decisions.
FEATURES
Key Features of IBM® OpenPages® GRC
Prepare for the future with an extensible, fully configurable, integrated enterprise risk management solution that scales to tens of thousands of users.
Data driven Dynamic Dashboards
Keep on top of your compliance and risk management by utilizing data-driven dynamic dashboards
Automation Workflows
Automate GRC processes in minutes and enhance, time to value with configurable workflows.
Inbuilt Calculation & Algorithm Engine
Enables users to write the algorithms and formulas for various calculations across the risk universe
Flexible Business entity & Data structure
Highly configurable & flexible Business entity structure to accommodate any kind of business.
Data Analytics & Reporting
Provide insight into the state of risk across the organization with IBM® Cognos Analytics for self-service data exploration and insights.
Intuitive interactive User Interface
Drive GRC adoption for all three lines of the business with a modern, task-focused UI to complete tasks.
FRAMEWORKS SUPPORTED
Frameworks Supported by IBM® OpenPages®
ISO FAMILY (31000, 27001, 22301 ETC)
The ISO Family framework in IBM® OpenPages® enables organizations to establish robust governance, risk management, and compliance practices efficiently.
DATA PROTECTION FRAMEWORKS
(GDPR, CCPA ETC)
GDPR (General Data Protection Regulation) safeguards personal data in the EU, while CCPA (California Consumer Privacy Act) protects consumer privacy in California.
COSO & COBIT FRAMEWORK
COSO provides internal control and risk management frameworks, while COBIT offers IT governance and management frameworks.
SOC1, SOC2 STANDARDS
SOC 1 reports audit a vendor’s financial controls, while SOC 2 is essential for IT vendors, providing comprehensive security assessments.
NIST FRAMEWORK
Helping organizations to better understand and improve their management of cybersecurity risk
PCI DSS STANDARDS
PCI SSC sets global data security standards and resources for secure payments, uniting industry stakeholders to drive adoption worldwide.
GRC CONSULTING PROCESS
Automate Your GRC Processes With Ease
KBS Solutions OpenPages offers you the capability to deploy domain-targeted product modules to meet specific risk and compliance challenges. Choose the product modules you need within a single integrated environment.
OPERATIONAL RISK MANAGEMENT
Automate identifying, measuring, monitoring, analyzing, and managing operational risks.
IT GOVERNANCE & CYBER SECURITY
Obtain a holistic view of IT risks, cyber security and map them to business processes.
BUSINESS CONTINUTY MANAGEMENT
Prepare your enterprise for business continuity and protect employees in the face of disruptive events.
INTERNAL AUDIT MANAGEMENT
Automate and manage internal audits and conduct broader risk and compliance management activities.
POLICY COMPLIANCE MANAGEMENT
Keep your policies and procedures up to date with your internal and external obligations.
FINANCIAL CONTROL MANAGEMENT
Reduce costs and complexity of complying with Sarbanes-Oxley and similar financial reporting regulations.
MODEL RISK GOVERNANCE
Demonstrate strong model governance, reporting and compliance.
ESG RISK MANAGEMENT
Enable environmental, social, and governance program management and compliance in an effective, holistic manner.
THIRD PARTY RISK MANAGEMENT
Mitigate risks and improve business results with each of your vendors.
REGULATORY COMPLIANCE MANAGEMENT
Drive efficient end-to-end regulatory compliance management.
DATA PRIVACY MANAGEMENT
Break down silos between IT and compliance for complete data privacy and governance.
DATA ANAYTICS & ADVANCED REPORTING
Improve business performance and growth compliance with data analytics and advanced reporting
Trusted By
Book a Meeting to discuss your risk management challenges with us.
BENEFITS
Improve Operational Performance
IBM® OpenPages® offers you the capability to deploy domain-targeted product modules to meet specific risk and compliance challenges. Automate the process of identifying, measuring, monitoring, analyzing, and managing operational risks.
Intuitive interface
Achieve widespread GRC adoption with a modern, task-focused UI for efficient task completion across all business lines.
Expertise with AI
Access round-the-clock support through a GRC virtual assistant and enhance incident reporting accuracy and efficiency with AI-driven relevant classifications.
Third-party integrations
Enable seamless data integration by leveraging IBM® App Connect and comprehensive REST APIs, seamlessly integrating GRC processes with third-party connectors.
Predictive insights
Leverage IBM® Cognos Analytics for self-service data exploration and gain valuable insights into the organization’s risk landscape
Automate workflows
Streamline GRC processes and accelerate time to value with automated workflows that offer drag-and-drop functionality, configurable options, and workflow variables.
BUSINESS VERTICALS
Industries We Serve
KBS Tech Solution’s enable any organization to pursue a systematic, organized approach to managing GRC-related strategy and implementation across business verticals
BANKING
INSURANCE
FINANCE SERVICES
TECH INDUSTRY
E-COMMERCE
EDUCATION
HEALTHCARE
TRANSPORTATION
Reach Out To Us!
We’d be happy to set up a call with you to organize next steps and how we can support you to unlock your maximum potential.
Schedule a Meeting Here!or Leave us a little info, and we’ll be in touch.
Discuss your GRC use cases and business objectives with us.
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