Union Bank opts for OpenPages

GRC technology vendors (governance, risk and compliance news) are marketing the financial services industry hard, and at least one can boast some recent success. OpenPages has inked a deal with Union Bank that calls for it to be the foundation of its enterprise risk management framework. The software is designed to compute capital requirements to aid in operational risk management. According to Bank Systems & Technology, Union Bank has big plans for the platform--to monitor key risk indicators and external losses, perform scenario analysis and report out on risk indicators. Article