SOURCE: OpenPages


October 27, 2009 09:00 ET

Enterprise Risk Management Leaders Gather at OPAN Summit

FirstRand Banking Group, The Absa Group Limited, Operational Riskdata eXchange (ORX) to Discuss Best Practices for Integrated Risk Management

SANDTON, SOUTH AFRICA--(Marketwire - October 27, 2009) - OpenPages, a leading provider of integrated risk management solutions for global companies, today announced that the inaugural OPAN 2009 Summit will be held on December 2 in Sandton, South Africa. Hosted by FirstRand and sponsored by OpenForum -- the OpenPages User Group -- OPAN 2009 will bring together members of OpenPages' African network, including the region's banking industry leaders.

Case Study presentations by OpenPages customers, FirstRand Banking Group, The Absa Group Limited, and The Operational Riskdata eXchange (ORX) will discuss best practices for risk management, and OpenPages executives will share their insights into the region's changing risk management landscape.

In related news, OpenPages also announced a strategic partnership with The IQ Business Group (IQ), a global provider of practical business solutions to optimize operational and technological efficiencies. The partnership will support OpenPages' efforts to expand into the South African region where the IQ Business Group will deliver professional services, such as consulting, advisory and implementation services for OpenPages customers and prospects in the South African region

Quote from Vasie Naicker, Head of Shared Services, FirstRand Banking Group:

"As one of South Africa's leading financial institutions, FirstRand recognises that effective risk management and governance is essential to the generation of sustainable profits, to safeguard its reputation, comply with regulations, create a competitive edge and achieve an optimal risk reward profile. The OpenPages platform has assisted FirstRand in achieving regulatory requirements, specifically for Operational Risk, as well as other ongoing risk management goals. We look forward to sharing some of our risk management practices as well as a discussion on our current risk management environment with leading companies in our region."

Quote from David Gray, VP of EMEA, OpenPages:

"The first annual OPAN Summit will provide our customers across the South African region with an opportunity to share business challenges and risk management best practices unique to the region. I look forward to hearing our customers' perspectives on the market and sharing OpenPages' insight into risk management drivers for the coming year."

Supporting Resources

-- Link to OpenPages blog:

-- Follow us on Twitter:

-- RSVP for OPAN:

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 regional offices throughout North America. For more information, please visit

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

Contact Information

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