Optial announces its new OpRisk on Demand service

London - 15 March 2010

Optial, the Operational Risk specialists, announced today that it has launched its new OpRisk on Demand service based on its SmartStart platform.

The Optial SmartStart application is now available as an OpRisk on Demand service. This is the same as the SaaS option and includes all of the same benefits of cost savings, ease of deployment, fully managed service, security, etc. However Optial OpRisk on Demand offers the following additional benefits:

• Fixed monthly cost (no surprises)
• Pay as you go service (minimum 6 months)
• Upgrade to 3 year term SaaS option
• Option to install Optial in house over time if required
• Ability to extract your data at the end of the service period.

“We have provided Optial on a SaaS basis for over 8 years now. Coming in to 2010 it was clear to us that the need for an on demand and robust risk, compliance and audit management service has become paramount, against a backdrop of budget cut-backs. It made sense for us to review the service we can offer and find ways of providing more for less, making Optial accessible to many more organisations, regardless of their size, location or stage of evolution in OpRisk terms” said Chris O’Brien, CEO of Optial.

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