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ARIS Risk and Compliance Manager vs IBM OpenPages comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

ARIS Risk and Compliance Ma...
Ranking in GRC
14th
Average Rating
8.0
Number of Reviews
2
Ranking in other categories
No ranking in other categories
IBM OpenPages
Ranking in GRC
7th
Average Rating
7.0
Number of Reviews
7
Ranking in other categories
IT Governance (2nd)
 

Mindshare comparison

As of December 2024, in the GRC category, the mindshare of ARIS Risk and Compliance Manager is 0.8%, down from 1.1% compared to the previous year. The mindshare of IBM OpenPages is 5.9%, up from 5.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
GRC
 

Featured Reviews

BPMexp67 - PeerSpot reviewer
Covers the entire risk management cycle, from identification and evaluation to control, mitigation, and monitoring
The most effective features are the basic ones to evaluate and control risk. We have many specific small models inside of ARIS Risk and Compliance Manager, like issue management. These are smaller add-ons depending on the needs. You are including specific models as well. The basic ones do exactly what is required for risk management: identification, evaluation, control, mitigation, and modification. And, we have dashboards with the possibility to configure compliance policies and risk limits based on which we can create alarms. If there are maximum limits, we create alarms attached to the responsible people. Normally, there is someone that identifies the risk, and then you have the risk owner. These people [normal users] can send notifications to the risk owner, who will evaluate the risk and decide whether it's important to control it or not. I remember a project where the customer wanted to control all risks and assigned many people to identify them. They started identifying risks everywhere. After a few years, the customer realized that it didn't make sense to control all of them. So, they created limits—levels of risk the company was willing to accept because it was more expensive to implement controls than to manage the risk. So, regarding ARIS Risk and Compliance Manager, you can implement all the risks and policies you can imagine because it's very customizable. You can customize a lot of things.
Olawale Ayuba - PeerSpot reviewer
Enables us to manage global workflow and users' relationships with the links
We use the solution for IT governance, risk management, and office management. We are looking at users' status in the IT risk bank links IT assessment risk assessment. IBM software has a risk register and something with risk controls. It is a new area for us. We are actively marketing this…

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The most valuable feature is the risk testing, where you can attach your processes to the risk, and automatically generate all of the tests."
"We can set it so that for a specific risk, or for all risks if we want, people will receive automatic notifications to do the evaluation and implement or test the control at a set interval, like every six months or every year."
"The product’s interface is very intuitive."
"The content, reporting, and workflow features stand out as the most valuable aspects."
"The ability to keep a record of internal incidents in the company, and also the monitoring of Key Indicators."
"Everything about IBM OpenPages is valuable, particularly when compared to other solutions in the market like MetricStream, from which we switched due to its feasibility, user-friendliness, and performance."
"The most valuable features are the workflow engine, calculations, and security rules."
 

Cons

"In future releases, I would like to see more features around AI (artificial intelligence)."
"I would like to see the modeling less strict so that connectors can be more flexible."
"It would be useful to have more out-of-the-box functionality, especially triggers and calculations."
"Some self-relationships are not available in OpenPages' relationship model."
"I believe there's room for improvement in establishing connections with external information."
"The solution must allow customization in reporting."
"IBM OpenPages needs improvement in its UI. Currently, it is difficult to see the relationships (associations/parents) between all items unless you click on the item itself."
 

Pricing and Cost Advice

Information not available
"The solution is not cheap."
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Top Industries

By visitors reading reviews
No data available
Financial Services Firm
32%
Computer Software Company
9%
Healthcare Company
6%
Manufacturing Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

What is your experience regarding pricing and costs for ARIS Risk and Compliance Manager?
We have some nominated licenses, which are per user, and concurrent licenses. The concurrent licenses are more expensive than the other ones but are better, at least for a big company. We can have ...
What needs improvement with ARIS Risk and Compliance Manager?
In future releases, I would like to see more features around AI (artificial intelligence).
What is your primary use case for ARIS Risk and Compliance Manager?
I recommend it to my customers. Sometimes, we follow the normal cycle: risk identification, then evaluation, then mitigation, and lastly, monitoring. In other processes, we use the software to anal...
What do you like most about IBM OpenPages?
The product’s interface is very intuitive.
What needs improvement with IBM OpenPages?
It would be useful to have more out-of-the-box functionality, especially triggers and calculations. Additionally, more detailed documentation and video-oriented resources would be beneficial.
What is your primary use case for IBM OpenPages?
We have deployed the ORM module in our bank. We have our businesses listed in the application, and we identify risks. We manage multiple controls, assess historical controls, and monitor these cont...
 

Also Known As

No data available
OpenPages
 

Learn More

 

Overview

 

Sample Customers

Alicorp, Tesco, Dubai Municipality, Emirates NBD, Suva - ARIS serves customers across all industries and of every size worldwide. Companies trust ARIS as being in the market of business process management for more than 30 years, serving users worldwide, from 1 user companies to the Fortune 500.
Nationwide, Process Innovation AG, OSRAM Licht AG, Dep‹sito Central de Valores (DCV), Delta Lloyd Group, Unum
Find out what your peers are saying about ARIS Risk and Compliance Manager vs. IBM OpenPages and other solutions. Updated: December 2024.
823,795 professionals have used our research since 2012.