CTC to Distribute OpenPages Solutions in Japan

Apr 26, 2010 ITOCHU Techno-Solutions Corporation

ITOCHU Techno-Solutions Corporation (headquarters: Chiyoda-ku, Tokyo; President & CEO: Yoichi Okuda; hereinafter, "CTC"), a leading system integrator in Japan, today announced that CTC has signed a Distribution Agreement with OpenPages, Inc. (headquarters: Waltham, MA, USA; President & CEO: Michael J. Duffy; hereinafter, "OpenPages"). OpenPages offers integrated risk management solutions for global companies, which will empower a risk-based approach to identify and manage key business risks across the enterprise.

"We are excited to add CTC as our newest distribution partner. As we continue to increase our presence in the Japan region, they will be an important partner in helping our customers meet risk and compliance challenges. We look forward to working with CTC as we expand our footprint in the global risk management market,"said OpenPages President and CEO Michael J. Duffy.

OpenPages Platform features Enterprise Risk Management, Financial Controls Management, Operational Risk Management, and is a key building block in implementing an enterprise-wide, integrated approach to risk and compliance management. OpenPages solutions deliver a policy-driven, process-centric way to manage risk through self-assessments, end-user surveys, certifications, 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.

CTC and OpenPages have formed a strategic partnership in Japan to provide implementation support to several industries including Financial Services. CTC will position OpenPages integrated risk management solution as CTC's strategic products. Based on our experience this time, we will strengthen our risk management solution business for listed companies and financial institutions.

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 regional offices throughout North America. For more information, please visit www.openpages.com.

Contact Information

ITOCHU Techno-Solutions Corporation, Corporate Communications Dept.


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