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IBM Buys Compliance Vendor OpenPages

Compliance vendor OpenPages, whose customers list includes Carnival Corp., SunTrust and Duke Energy, has already partnered with IBM to build out the core data system for the Operational Riskdata eXchange Association, a consortium of 55-plus major banks based in 18 different countries. IBM announced it will acquire OpenPages, a privately held developer of enterprise compliance […]

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Larry Barrett

Sep 16, 2010

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Compliance vendor OpenPages, whose customers list includes Carnival Corp., SunTrust and Duke Energy, has already partnered with IBM to build out the core data system for the Operational Riskdata eXchange Association, a consortium of 55-plus major banks based in 18 different countries.

IBM announced it will acquire OpenPages, a privately held developer of enterprise compliance and risk management software, adding yet another piece to its growing security software arsenal.

Financial terms of the deal were not disclosed.

OpenPages, based in Waltham, Mass., makes software that makes it easier for companies to identify and manage risk and compliance issues throughout their various data networks.

Read the rest at eCRM guide.

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Larry Barrett

Larry Barrett is a freelance journalist and blogger who has covered the information technology and business sectors for more than 15 years. Most recently, he served as the online news editor for 1105 Media's Office Technology Group and as the online managing editor for SourceMedia's Investment Advisory Group publications Financial Planning, On Wall Street, and Bank Investment Consultant. He was also a senior writer and editor at Ziff Davis Media's Baseline Magazine, winner of the Jesse H. Neal National Business Journalism Award, and ZDNet. In addition, he's served as a senior writer and editor at prominent technology and business websites including CNET, InternetNews.com, Multichannel News, and the San Jose Business Journal.

IBM Buys Compliance Vendor OpenPages

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