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OpenPages
IBM OpenPages is an integrated governance, risk, and compliance (GRC) platform that enables companies to manage risk and regulatory challenges across the enterprise. The software was developed by American Computer Innovators in 1996. History In 1996, Amherst, Massachusetts-based American Computer Innovators (ACI, a company founded May 1990) began developing an electronic publishing system for news publishers and other media companies. The software was eventually marketed as an enterprise content management system under the brand/product name OpenPages Composer. Customers at the time included dozens of news publishers around the U.S. such as The Day Publishing Company, Daily Press, Chicago Tribune, Miami Herald and many more. In August, 2000, American Computer Innovators was officially renamed Openpages, and the computer hardware sales and repair portion of the business was spun off as Amherst Computerworks in June 2001. The company was significantly restructured during 2000-20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IBM Acquisitions
IBM has undergone a large number of mergers and acquisitions during a corporate history lasting over a century; the company has also produced a number of Corporate spin-off, spinoffs during that time. The Takeover, acquisition date listed is the date of the agreement between IBM and the subject of the acquisition. The value of each acquisition is listed in USD because IBM is based in the United States. If the value of an acquisition is not listed, then it is undisclosed. Precursors 1889–1910 Herman Hollerith initially did business under his own name, as ''The Hollerith Electric Tabulating System'', specialising in punched card Unit record equipment, data processing equipment. In 1896 he incorporated as the ''Tabulating Machine Company''. *1889 Bundy Manufacturing Company incorporated. *1891 Computing Scale Company incorporated. *1893 Dey Patents Company (soon renamed the Dey Time Register Company) incorporated. *1894 Willard & Frick Manufacturing Company (Rochester, New York ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SPSS
SPSS Statistics is a statistical software suite developed by IBM for data management, advanced analytics, multivariate analysis, business intelligence, and criminal investigation. Long produced by SPSS Inc., it was acquired by IBM in 2009. Versions of the software released since 2015 have the brand name IBM SPSS Statistics. The software name originally stood for Statistical Package for the Social Sciences (SPSS), reflecting the original market, then later changed to Statistical Product and Service Solutions. Overview SPSS is a widely used program for statistics, statistical analysis in social science. It is also used by market researchers, health researchers, survey companies, government, education researchers, industries, marketing organizations, data miners, and others. The original SPSS manual (Nie, Bent & Hull, 1970) has been described as one of "sociology's most influential books" for allowing ordinary researchers to do their own statistical analysis. In addition to statist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governance, Risk Management, And Compliance
Governance, risk, and compliance (GRC) is the term covering an organization's approach across these three practices: governance, risk management, and compliance amongst other disciplines. The first scholarly research on GRC was published in 2007 by OCEG's founder, Scott Mitchell, where GRC was formally defined as "the integrated collection of capabilities that enable an organization to reliably achieve objectives, address uncertainty and act with integrity" aka ''Principled Performance®''. The research referred to common "keep the company on track" activities conducted in departments such as internal audit, compliance, risk, legal, finance, IT, HR as well as the lines of business, executive suite and the board itself. Overview Governance, risk, and compliance (GRC) are three related facets that aim to assure an organization reliably achieves objectives, addresses uncertainty and acts with integrity. Governance is the combination of processes established and executed by the dir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Risk Management
Risk management is the identification, evaluation, and prioritization of risks, followed by the minimization, monitoring, and control of the impact or probability of those risks occurring. Risks can come from various sources (i.e, Threat (security), threats) including uncertainty in Market environment, international markets, political instability, dangers of project failures (at any phase in design, development, production, or sustaining of life-cycles), legal liabilities, credit risk, accidents, Natural disaster, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root cause analysis, root-cause. Retail traders also apply risk management by using fixed percentage position sizing and risk-to-reward frameworks to avoid large drawdowns and support consistent decision-making under pressure. There are two types of events viz. Risks and Opportunities. Negative events can be classified as risks while positive events are classifi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regulatory Compliance
In general, compliance means conforming to a rule, such as a specification, policy, standard or law. Compliance has traditionally been explained by reference to deterrence theory, according to which punishing a behavior will decrease the violations both by the wrongdoer (specific deterrence) and by others (general deterrence). This view has been supported by economic theory, which has framed punishment in terms of costs and has explained compliance in terms of a cost-benefit equilibrium (Becker 1968). However, psychological research on motivation provides an alternative view: granting rewards (Deci, Koestner and Ryan, 1999) or imposing fines (Gneezy Rustichini 2000) for a certain behavior is a form of extrinsic motivation that weakens intrinsic motivation and ultimately undermines compliance. Regulatory compliance describes the goal that organizations aspire to achieve in their efforts to ensure that they are aware of and take steps to comply with relevant laws, policies, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Operational Risk
Operational risk is the risk of losses caused by flawed or failed processes, policies, systems or events that disrupt business operations. Employee errors, criminal activity such as fraud, and physical events are among the factors that can trigger operational risk. The process to manage operational risk is known as operational risk management. The definition of operational risk, adopted by the European Solvency II Directive for insurers, is a variation adopted from the Basel II regulations for banks: "The risk of a change in value caused by the fact that actual losses, incurred for inadequate or failed internal processes, people and systems, or from external events (including legal risk), differ from the expected losses". The scope of operational risk is then broad, and can also include other classes of risks, such as fraud, security, privacy protection, legal risks, physical (e.g. infrastructure shutdown) or environmental risks. Operational risks similarly may impact br ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Governance Of Information Technology
Information technology (IT), Information technology (IT) governance is a subset discipline of corporate governance, focused on information technology (IT) and its performance management, performance and IT risk management, risk management. The interest in IT governance is due to the ongoing need within organizations to focus value creation efforts on an organization's strategic objectives and to better manage the performance of those responsible for creating this value in the best interest of all stakeholders. It has evolved from The Principles of Scientific Management, Total Quality Management and ISO 9001 Quality management system, Quality Management System. Historically, board-level executives deferred key IT decisions to the company's IT management and business leaders. Short-term goals of those responsible for managing IT can conflict with the best interests of other stakeholders unless proper oversight is established. IT governance systematically involves everyone: board me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internal Audit
Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. Internal auditing might achieve this goal by providing insight and recommendations based on analyses and assessments of data and business processes. With commitment to integrity and accountability, internal auditing provides value to governing bodies and senior management as an objective source of independent advice. Professionals called internal auditors are employed by organizations to perform the internal auditing activity. The scope of internal auditing within an organization may be broad and may involve topics such as an organization's governance, risk management and management controls over: efficiency/effectiveness of operations ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amherst, Massachusetts
Amherst () is a city in Hampshire County, Massachusetts, United States, in the Connecticut River valley. Amherst has a council–manager form of government, and is considered a city under Massachusetts state law. Amherst is one of several Massachusetts municipalities that have city forms of government but retain "The Town of" in their official names. At the 2020 United States census, 2020 census, the population was 39,263, making it the highest populated municipality in Hampshire County (although the county seat is Northampton, Massachusetts, Northampton). The town is home to Amherst College, Hampshire College, and the University of Massachusetts Amherst, three of the Five College Consortium, Five Colleges. Amherst has three census-designated places: Amherst Center, Massachusetts, Amherst Center, North Amherst, Massachusetts, North Amherst, and South Amherst, Massachusetts, South Amherst. Amherst is part of the Springfield, Massachusetts Springfield metropolitan area, Massachuse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Massachusetts
Massachusetts ( ; ), officially the Commonwealth of Massachusetts, is a U.S. state, state in the New England region of the Northeastern United States. It borders the Atlantic Ocean and the Gulf of Maine to its east, Connecticut and Rhode Island to its south, New Hampshire and Vermont to its north, and New York (state), New York to its west. Massachusetts is the List of U.S. states and territories by area, sixth-smallest state by land area. With a 2024 U.S. Census Bureau-estimated population of 7,136,171, its highest estimated count ever, Massachusetts is the most populous state in New England, the List of U.S. states and territories by population, 16th-most-populous in the United States, and the List of states and territories of the United States by population density, third-most densely populated U.S. state, after New Jersey and Rhode Island. Massachusetts was a site of early British colonization of the Americas, English colonization. The Plymouth Colony was founded in 16 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
