MIZUHO SECURITIES SELECTS OPENPAGES TO ENHANCE THEIR OPERATIONAL RISK MANAGEMENT 

by Casey Ford Thursday, April 29, 2010
Waltham, Mass. – May 29, 2010 – OpenPages®, the leading provider of integrated risk management solutions for global companies, today announced that Mizuho Securities, one of the subsidiaries of Japan's leading financial institution Mizuho Financial Group, has selected OpenPages Operational Risk Management (ORM) software to improve its enterprise-wide risk management efforts. OpenPages’ strategic alliance partner, ITOCHU Techno-Solutions Corporation (CTC), will help deliver professional services, such as consulting, advisory and implementation services to Mizuho Securities.

OpenPages ORM is a key building block and operational risk management tool in implementing an enterprise-wide, integrated approach to governance, risk and compliance (GRC) management. OpenPages ORM delivers a policy-driven, process-centric way to manage risk through self-assessments, end-user surveys, automated workflow and executive dashboards that provide management with the visibility, control and decision support required to understand and manage risks throughout the organization to optimize business performance.

“We needed to automate the process of identifying, evaluating, and monitoring operational risk data,” said Iwao Takai, General Manager of Operational Risk Management Department, Mizuho Securities. “After reviewing several solutions, we are confident that OpenPages ORM will enable us to manage risk more efficiently by providing us with the visibility, control and decision support necessary to mitigate risks throughout our business.”

About Mizuho Securities
Mizuho Securities is responsive to the diverse needs of its clients whether they are Japanese individuals or institutional investors based in Japan and overseas, non-financial companies, financial institutions, or public corporations for equities, bonds, and other securities.

About OpenPages
OpenPages is the leading provider of integrated risk management solutions for global companies. The OpenPages Governance, Risk and Compliance (GRC) Platform empowers 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 international offices in the United Kingdom, distribution partners in Japan and South Africa and regional offices throughout North America. For more information, please visit www.openpages.com.

About ITOCHU Techno-Solutions Corporation (CTC)
Established in 1972, ITOCHU Techno-Solutions Corporation (CTC) provides advanced IT solutions to enhance enterprise network systems, and offers various outsourcing services, such as operations by its own data centers. CTC supports such market segments as telecommunications, broadcasting, finance, retail, distribution, manufacturing, education, government, medicine, pharmaceutical, chemicals and apparel. CTC has formed partnerships with more than 200 leading IT companies from nine countries. These partnerships range from those with global multinational IT companies to those with highly focused venture businesses. OpenPages and CTC have formed a strategic partnership in Japan to provide implementation support to several industries including Financial Services.

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



1    submitted by Casey Ford
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