OpenPages User Symposium 2010 Gathers Risk Managers from around the Globe, Top-Tier Partners and Industry Experts

User community discusses evolution of risk management strategies, risk convergence and proactive compliance

WALTHAM, Mass.--(BUSINESS WIRE)-- News Facts

• OpenPages, the leading provider of integrated risk management solutions for global companies, today announced an extremely successful sixth-annual OpenPages User Symposium (OPUS), which included growth in attendance, global representation, top-tier partners, and key discussions that advance the practices of risk management and compliance to drive business success.
• The annual three-day user forum included sessions led by a variety of customers and partners – American Express, Barclays, Carnival Corporation plc, Duke Energy, IBM, PwC and Williams Companies, representing a range of industries.
• Keynote addresses focused on the future of risk management and best practices for risk managers. In the opening keynote address titled “From Risk to Performance,” OpenPages President & CEO, Michael J. Duffy, shared with attendees his vision for how risk management must adapt to the economic, regulatory and political pressures facing all companies today.
• In the second keynote address, Harry Markopolos, Independent Financial Fraud Investigator & Analyst and author of No One Would Listen: A True Financial Thriller, explained the red flags and warning signs that allowed him to uncover the infamous Bernie Madoff Ponzi scheme.
• In addition, the day two OPUS keynote speaker, Julian Parkin, Group Privacy Programme Director at Barclays, discussed how his organization leveraged OpenPages for risk management initiatives across the enterprise to drive sustainable improvements across evolving risk types.
• In an effort to better-understand behavior and trends related to risk management, OpenPages conducted a survey of more than 140 strategic risk, compliance and financial professionals in attendance at the show. The survey results revealed the following:
  • More than half of the respondents reported that the SEC’s increased focus on enterprise risk is impacting their companies' focus, thinking and strategy on risk management. Of that group, nearly 60% noted increasing the priority of enterprise-wide risk management, strengthening current risk management programs and putting risk management in the spotlight for the C-level and/or Board as reactions to the increased scrutiny.
  • Nearly 90% of the respondents reported that risk management and compliance technology investments would increase or remain the same in the coming year.
• OPUS attendees were also able to go social with OpenPages, as in social media. During the event, OpenPages captured several customer video testimonials, published live blogs about conference highlights and promoted event highlights via the company’s Twitter handle, @openpages. Attendees were also encouraged to tag and share photos, Twitter updates, videos and other multimedia content on the event site. All of the content will be available at: http://www.openpages.com/opus/.

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Successful OPUS 2010 ends on a high note. Customers discuss best practices for #risk management and supporting information architecture http://bit.ly/aYIFpb

Supporting Quote from Michael J. Duffy, President and CEO, OpenPages

“This is an exciting time for risk managers, as companies are looking to increase their investment in risk management infrastructure technology and to focus their efforts more than ever on enterprise risk as a critical success factor in business performance. We were thrilled to see such an impressive turnout at OPUS from global customers across a range of industries, and are looking forward to working with our customers in the coming year as they adapt to the changing risk landscape.”

Supporting Resources

• Link to OPUS 2010:

  http://www.openpages.com/opus/

• Link to OpenPages blog:

  www.openpages.com/blog
• Follow us on Twitter:

  Tweets by OpenPages

About OpenPages

OpenPages is the leading provider of integrated risk management solutions for global companies. The OpenPages Governance, Risk and Compliance (GRC) Platform empowers a risk-based approach to identify and manage key business risks across the enterprise. This approach enables companies to focus on what’s important and to avoid unexpected outcomes while improving performance. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with international offices in the United Kingdom, distribution partners in Japan and South Africa and regional offices throughout North America. For more information, please visit www.openpages.com.

OpenPages is a trademark of OpenPages, Inc. All other trademarks contained herein are the property of their respective owners.

Lois Paul & Partners
Brittany Bevacqua, 781-782-5857
[email protected]

Source: OpenPages