SOURCE: OpenPages

March 26, 2007 08:30 ET

Thomas Weisel Partners Selects OpenPages FCM for Sarbanes-Oxley Compliance

WALTHAM, MA -- (MARKET WIRE) -- March 26, 2007 -- OpenPages®, the leading provider of enterprise governance, risk and compliance management (GRCM) solutions, today announced Thomas Weisel Partners, an investment bank focused on the growth sectors of the economy (, has selected OpenPages® FCM(SM) for its Sarbanes-Oxley compliance initiatives. OpenPages FCM was selected by Thomas Weisel Partners because of the flexibility and configurability of the solution, which provides a streamlined and sustainable approach to achieving compliance with Sarbanes-Oxley. OpenPages FCM enables Thomas Weisel Partners to automate the ongoing test and review of its controls documentation to reduce the time, cost and complexity associated with Sarbanes-Oxley Section 404 and 302.

"As a company operating in the investment banking market, regulatory compliance is of the utmost importance," said David Baylor, Chief Financial Officer and Chief Operating Officer at Thomas Weisel Partners. "Our investment in OpenPages FCM gives our organization the confidence needed to ensure that we are not only appropriately complying with our financial reporting responsibilities, but are also helping to reduce the time and resource costs associated with sustaining compliance."

A web-based, flexible and configurable solution for financial controls management, OpenPages FCM maximizes end-user participation with little training. Its dashboards can be used by project managers, documentation team members, internal auditors and external auditors to plan, document and test the internal controls framework of the company, and to attest to the financial statements. Available in five languages, OpenPages FCM combines powerful document management, business process management and flexible reporting capabilities in an extremely easy-to-use environment that enables an organization to document financial controls and automate the ongoing test and review process.

About OpenPages

OpenPages is the leading provider of governance, risk and compliance management software solutions. The company's solutions provide the visibility, decision support and control to improve accountability, better manage risk, achieve compliance with numerous regulations, improve operational performance and align strategies to ensure better results.

Market-leading corporations in financial services, manufacturing, telecommunications, media/entertainment, retail/consumer, energy, high technology, health services and life sciences rely on OpenPages to help them achieve sustainable governance, risk and compliance management -- enabling them to become well-governed businesses. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with international offices in Hong Kong, Japan, France, Germany and the United Kingdom, and regional offices throughout North America.

For more information on OpenPages' suite of business governance software, please call 781-693-5999 or visit

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

Contact Information

  • Contacts:

    Brian Cleary
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    North America
    Michael Parker
    Lois Paul & Partners
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    Charlotte Hanson
    Harvard Public Relations
    +44 208 564 6331
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