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ERMAC Solutions
Our Offer

IBM Partnership

Elevate your organization's Governance, Risk Management, and Compliance (GRC) with our cost-effective IBM OpenPages solutions integrated with Watsonx Assistant. Our strategic partnership with IBM empowers us to deliver unparalleled value at price points that others cannot match.

We focus on companies that face evolving and increasingly stringent regulatory demands. Our solutions are perfect for organizations anticipating more rigorous requirements in risk management and compliance maturity from regulators. IBM’s top-tier technology, particularly the combination of IBM OpenPages and Watsonx, provides exceptional capabilities.

IBM OpenPages & Watsonx Services

As a valued IBM OpenPages and Watsonx business partner and licensed reseller, we provide:

IBM OpenPages & Watsonx Implementation

Our IBM partnership enables us to offer you a unique, tailored to fit your organizations specific needs OpenPages & Watsonx cloud solution that is highly valued and cost-effective, with an ROI within one year.

IBM OpenPages functional & admin support

Ongoing support to ensure reliant and cost-effective operations and maximum benefit.

IBM Watsonx assistant & Watsonx Governance functional support

Expert assistance to leverage AI capabilities in OpenPages and AI (model) Governance compliance

IBM OpenPages & Watsonx license reseller

Providing access to IBM’s powerful risk management tools a.o. IBM OpenPages, Watsonx and Planning and Analytics.
 

Services

IBM OpenPages with Watsonx

IBM OpenPages with Watsonx
IBM OpenPages with Watsonx is an AI-driven, highly scalable governance, risk, and compliance solution. It centralizes risk management functions into a single environment, enabling efficient identification, management, monitoring, and reporting of risk and regulatory compliance.

IBM OpenPages with Watsonx serves as the catalyst for further enhancement for organizations already equipped with robust Enterprise Risk Management (ERM), Non-Financial Risk (NFR), or Governance, Risk, and Compliance (GRC) frameworks.

Leveraging our on-Cloud solution, you can optimize existing processes, unlock deeper insights, and maximize the benefits. With the added advantage of Watson AI integration, our offering ensures cost-effective solutions that drive overall efficiency and effectiveness, enabling informed risk decision-making and fostering operational excellence.

IBM OpenPages with Watsonx tailored out-of-the-box solution is the ideal starting point for organizations in the early stages of risk management maturity.

With rapid implementation, cost-effective deployment and comprehensive support, IBM OpenPages accelerates your journey towards effective risk management. By providing greater visibility, actionable insights, and streamlined processes, our solution empowers you to navigate risks confidently, driving organizational resilience and growth.

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Risk Management ERMAC Solutions

Key Features

  • AI-Driven insights:
    Leveraging IBM Watson’s AI capabilities for predictive risk insights.

  • Modular approach:
    Supports various needs, from operational risk and regulatory compliance to data privacy and financial controls.

  • Integrated nvirnoment:
    Unifies risk management across your organization.

    • Benefits

  • Increased efficiency:
    Streamlined processes and automated compliance.

  • Enhanced decision making:
    Robust data collection and analysis for informed decisions.

  • Cost effective:
    Significant ROI within one year.

    • Industry Application

    Our solutions are designed to meet the unique needs of various industries, including:

    • Financial Services
    • Healthcare
    • Manufacturing oods & Products
    • Energy, Infrastructure & Utilities
    • Retail & Consumer Products

    Pictyre


    OpenPages is a unique integrated GRC Solution

    Built as an enterprise GRC Platform that can meet Client present and future Governance, Risk & Compliance Requirements.

    All customers upgradeable – No customers left behind due to the configuration layer and unique platform design.

    Built in Reporting – Cognos analytics included

    Large number of global implementations within Financial Services and leader rankings within Gartner quadrants.

    Cognitive technologies enhance decision making and increase quality.

    Configuration rather than development.

    Built for all companies, it is the market’s most scalable, integrated, flexible GRC platform, able to address the range of GRC methodologies.

    OnCloud & OnPremise.

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    The Enterprise-wide, modular, scalable,
    highly configurable and cost effective
    risk management platform

    Operational Risk Management

    A software solution that automates the process of identifying, measuring, monitoring, analyzing and managing operational risk.

    Policy Management

    Reduces the complexity and cumbersome nature of policy lifecycle management and compliance with numerous industry and regulatory requirements.

    Regulatory Compliance Management

    Helps organizations reduce the time and costs to understand their regulatory requirements and proactively respond to regulatory change.

    Financial Controls Management

    Reduces the costs and complexity of complying with the Sarbanes-Oxley Act and similar global financial reporting regulations.

    Internal Audit Management

    Provides internal auditors with a uniquely configured, cross-departmental view into organizational GRC.

    Third Party Risk Management

    Assists in efficiently managing third-party relationships and engagements to improve business performance.

    Business Continuity Management

    Prepares enterprises to continue operations and protect employees in the face of disruptive events.

    IT Governance

    Reduces the complexity of IT risk management by aligning IT operations management with corporate business initiatives, strategy and regulatory requirements.

    Data Privacy Management

    Brings a compliance focus to data governance, helping enterprises take a proactive approach to risk and privacy by embedding GRC management across all teams.

    Model Risk Governance

    Allows organizations to meet the challenges of managing model risk.

    Risk Management for ESG

    Enables organizations to govern their ESG programs and maintain sustainability compliance.

    Frameworks

    ISO 27001 (Information Security management System - ISMS)

    The world’s best-known standard for an ISMS. It provides guidance for organizations of any size and sector to establish, implement, maintain, and continually improve an ISMS.

    ISO 27001 helps organizations become risk-aware by proactively identifying and addressing weaknesses related to data security. It promotes a holistic approach to information security, considering people, policies, and technology. Conforming to ISO 27001 means an organization has a system in place to manage data security risks, following best practices and principles.

    NIS2 (Network and Information Security Directive)

    The NIS2 Directive aims to enhance the security of network and information systems across the EU. It introduces stricter security requirements, incident reporting obligations, and expanded scope to cover more sectors and services. NIS2 also introduces standards and obligations for proving control effectiveness that requires a step up for most companies.

    CSRD (Corporate Sustainability Reporting Directive)

    The CSRD requires companies to report on sustainability risks, opportunities, and impacts, aiming to standardize and improve the quality of sustainability reporting. This includes disclosures on environmental, social, and governance (ESG) metrics.

    Solutions

    AI (Model) Governance
     Focuses on the ethical and transparent use of AI models, ensuring compliance with regulatory standards, mitigating biases, and managing risks associated with AI deployment.
    IBM OpenPages and Watsonx for Regulatory Compliance Equipped to help organizations meet these regulatory demands:

  • NIS2 Risk Management & Compliance
    OpenPages centralizes risk management functions and supports compliance with NIS2 by providing robust incident management and reporting capabilities, ensuring that organizations can (cost) efficiently handle security threats and meet compliance obligations.

  • CSRD Compliance
    With modules dedicated to ESG and sustainability, OpenPages helps organizations manage and report on their sustainability initiatives, ensuring compliance with CSRD requirements and transparent ESG reporting. Questionnaires functionality support information gathering in and outside the organization.

  • AI Governance
    Watsonx provides AI-driven insights and governance frameworks to manage and mitigate risks associated with AI models. This includes tools for bias detection, ethical AI deployment, and comprehensive compliance reporting, ensuring that AI usage aligns with regulatory standards. Watsonx.governance also enables risk management for non IBM models like: copilot, openai

    • Rapid Deployment

    With our expertise, we ensure rapid, efficient implementation within several months. We offer customizable solutions, tailored to your specific risk and compliance methodologies and needs. Our solutions are risk methodology agnostic

    Cost Effectiveness

    Our strong relationship with IBM allows us to offer these advanced solutions cost-effectively, at unmatched price points, helping you significantly reduce the cost of control and regulatory compliance while enhancing ROI.

    Significant ROI

    Reduce the cost of control and compliance while experiencing substantial improvements in efficiency and effectiveness, leading to immediate and long-term benefits.