Mastering Operational Risk: The 4 Ps Framework with IBM OpenPages & ITech GRC

Discover how the 4 Ps of Operational Risk Management—Predict, Prevent, Prepare, and Protect—empower organizations to manage risk effectively. Learn how IBM OpenPages, with support from ITech GRC, provides smart tools, real-time monitoring, and expert services to safeguard your business.

Operational risk can emerge from anywhere—cyber threats, system failures, or regulatory changes. A strong Operational Risk Management (ORM) strategy requires more than just reacting to issues; it means being proactive. The 4 Ps framework—Predict, Prevent, Prepare, and Protect—offers a comprehensive approach to managing risk effectively.

With IBM OpenPages, organizations gain access to advanced tools that support every phase of the risk lifecycle:

• Predict future threats through scenario analysis and centralized risk modelling using past data trends.
• Prevent issues before they escalate with integrated controls, loss event tracking, and intuitive workflows.
• Prepare for potential disruptions by creating emergency plans, assigning resources, and monitoring readiness with real-time dashboards.
• Protect critical operations through live risk monitoring, automated alerts, and efficient incident response management.

Whether you're in finance, healthcare, manufacturing, or retail, IBM OpenPages, combined with expert implementation from ITech GRC, enables a proactive, unified, and resilient approach to risk management.

ITech GRC helps you put the “4 Ps” into action. To know more details check at

https://itechgrc.com/mastering-operational-risk-management-with-ibm-openpages-a-simple-approach/