September 22, 2009

News Facts

• OpenPages, the leading provider of integrated risk management solutions for global companies and Network Frontiers, a leader in IT compliance, today announced integration of the Unified Compliance Framework (UCF) with the OpenPages Platform, delivering the industry’s most comprehensive IT compliance database.
• Previewed at OPEN 2009 – The OpenPages European Network Summit recently held in London – the UCF data gives OpenPages customers access to the most comprehensive set of IT policies and controls that cross multiple regulations, thus reducing the time commitment and costs associated with complying with the slew of IT risk and compliance mandates nearly all companies are faced with today.
• Currently, companies are grappling to comply with hundreds of regulations, standards and guidelines that include thousands of overlapping controls which make the task of managing IT risk an increasingly daunting one. Network Frontiers’ Unified Compliance Framework is the first and largest independent initiative to map IT controls across international regulations, standards, and best practices.
• The addition of the UCF content into OpenPages’ existing IT governance solution – OpenPages ITG – further supports OpenPages’ goal of providing its customers with a holistic approach to managing IT risk and compliance. By adding this central repository of regulatory requirements, OpenPages’ global customer base can ensure that their IT resources are properly aligned to business strategy, while managing a multitude of technology risks and compliance requirements.
• As a result, organizations that deploy OpenPages ITG coupled with data from the UCF can improve their IT governance and risk management processes, providing management with peace-of-mind that the corporate brand is protected.

Supporting Quote from Gordon Burnes, VP of Marketing, OpenPages

"Since we launched OpenPages ITG over two years ago, our customers have come to view the solution as a key building block for implementing an enterprise-wide, integrated approach to risk and compliance management. By partnering with Network Frontiers, we’re adding yet another way for our customers to navigate the increasingly choppy waters of IT risk and compliance. By providing this comprehensive database of risk and regulatory content as part of our product, we’re providing substantial added value to our solution, something organizations of all shapes and sizes can certainly appreciate today."

Supporting Quote from Craig Isaacs, CEO, Network Frontiers

"As companies continue to operate in an ever-increasingly regulated business environment, having the ability to avoid duplicating efforts whenever possible is critical today. With the integration of our UCF data into OpenPages’ existing IT risk and compliance solution, their customers will be better-positioned to more efficiently and holistically manage their risk environment than ever before."

Supporting Quote from Michael Rasmussen, President, Corporate Integrity

"In today’s economy, wasting valuable resources on costly and time-consuming processes associated with compliance and risk management can be damaging to IT GRC programs. With the UCF enhancements to the OpenPages Platform offering, customers are given the tools to more quickly and effectively comply with a multitude of regulations and from there, can focus more attention on ensuring that their IT GRC programs are sustainable, repeatable and increase transparency across the enterprise."

Supporting Resources

• Link to OpenPages blog: www.openpages.com/blog
• Follow us on Twitter: http://twitter.com/openpages and http://twitter.com/itucf
• Link to OpenPages ITG data sheet and "A Business Risk Approach to IT Governance" whitepaper http://www.openpages.com/index.cfm?event=Eloqua-Log-In 

About Network Frontiers

Since 1992, Network Frontiers has developed ground-breaking tools to support IT best practices with a special focus on regulatory compliance, metrics, systems continuity and governance. The Unified Compliance Framework (UCF) is Network Frontiers’ flagship product. By focusing on commonalities across regulations, standards-based development, and simplified architectures, the UCF supports a strategic approach to IT compliance that reduces cost, limits liability, and leverages the value of compliance-related technologies and services across the enterprise. The UCF’s content and methodology is the direct result of Network Frontiers deep understanding of IT regulations and standards and decades of experience consulting for clients, publications, and vendors in the mission-critical IT arena.

The UCF was created by Dorian Cougias and his research partner, Marcelo Halpern of the international law firm Latham and Watkins, which oversees all legal aspects of the UCF. More information can be found at www.unifiedcompliance.com.

About OpenPages

OpenPages is the leading provider of integrated risk management solutions for global companies. OpenPages' solutions empower 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 an international office in the United Kingdom, and regional offices throughout North America.

For more information on OpenPages' suite of risk and compliance solutions, please click here or call us at 781.693.5999.