Berkshire, UK. - OpenPages(R), a leading provider of enterprise GRC management solutions that optimise business performance, today announced that it achieved overall leading rankings within OpRisk & Compliance magazine's annual Compliance Software Survey 2008. OpenPages increased its position in Compliance Monitoring and Control, GRC, and Regulatory Reporting and ranked consistently in first position for Sarbanes-Oxley for the second year running.
OpRisk & Compliance's annual survey results were compiled from over 200 senior level executives across Europe ranked according to the top five firms. The survey consisted of eight categories, four of which relevant to OpenPages' product offering. OpenPages either increased or maintained ground on the previous year's results in each category. In Sarbanes-Oxley Software OpenPages ranked first with 14 per cent, increasing its percentage by four per cent on 2007. In GRC Software OpenPages was positioned in second place with 17 per cent, entering the top five ranking for the first time. For Compliance Monitoring and Control Software OpenPages ranked second with 17 per cent in the new category and for Regulatory Reporting OpenPages were again positioned second with 15 per cent, increasing two places on the previous year.
"We are extremely pleased to have significantly improved our overall rankings in the Compliance Survey 2008 over last year's results - clearly indicating an increase in OpenPages' global visibility as an enterprise-wide GRC solutions provider." said Michael J. Duffy, president and CEO of OpenPages. "As companies move toward a more holistic approach to GRC, we will continue to deliver solutions to address new initiatives under the GRC umbrella. We look forward to continuing the momentum into next year."
David Benyon, OpRisk and Compliance, said, "OpenPages has maintained a strong position in this year's survey, leading a highly competitive field in Sarbanes Oxley (SOX) software, in addition to performing well in other key categories, including GRC."
About OpenPages
OpenPages(R) is the leading provider of enterprise risk management solutions that optimize business performance. OpenPages empowers the world's largest companies by unifying governance, risk and compliance across the enterprise and by incorporating risk management into day-to-day business processes. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with international offices in Japan and the United Kingdom, and regional offices throughout North America.
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