governance, risk and compliance management (GRCM) solutions, today announced
that Jackson National Life Insurance CompanyÂ® has selected OpenPages
Sarbanes-Oxley Express (SOX Express) for its Sarbanes-Oxley compliance initiatives. Jackson National will deploy SOX Express to automate the companyâs ongoing test and review of its internal controls documentation in order to reduce the time and resource costs associated with Section 404 and 302 compliance.
Founded in 1961, Jackson National Life Insurance Company has evolved from a
single-channel insurance company offering few products to a $65-billion firm
offering multiple products through multiple distribution channels throughout
the United States. Positioned to win, Jackson National LifeÂ® has the
products, distribution relationships, technological expertise, and
flexibility to profitably meet customer needs. Jackson National's objective
is to continue building a profitable and sustainable position in the U.S.
"We selected OpenPages because we felt SOX Express provided the strongest
functionality for compliance and the easiest interface for end users," said
Russ Peck, vice president at Jackson National. "OpenPages demonstrated a
clear enterprise compliance vision, while emphasizing a commitment to
product quality and customer satisfaction."
OpenPages SOX Express is the market-leading software solution for reducing
the time and resource costs associated with ongoing compliance for Sections
302 and 404 of the Sarbanes-Oxley Act. SOX Express combines powerful
document management, business process management and flexible reporting
capabilities in an extremely easy-to-use environment that enables an
organization to document financial controls and automate the end-to-end
compliance process. Completely Web-based, SOX Express maximises end-user
participation with little training. Its dashboards can be used by project
managers, documentation team members, internal auditors and external
auditors to plan, document and test the internal controls framework of the
company, and to attest to the financial statements.