ARIS Risk and Compliance Manager vs MEGA HOPEX comparison

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287 views|179 comparisons
100% willing to recommend
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634 views|326 comparisons
84% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between ARIS Risk and Compliance Manager and MEGA HOPEX based on real PeerSpot user reviews.

Find out what your peers are saying about RSA, AuditBoard, Trend Micro and others in GRC.
To learn more, read our detailed GRC Report (Updated: April 2024).
767,847 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The most valuable feature is the risk testing, where you can attach your processes to the risk, and automatically generate all of the tests."

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"The most valuable feature of this solution is the reuse of common enterprise components and entities.""The solution itself was easy to use.""The main feature I find crucial in MEGA HOPEX is the catalog view, which provides a comprehensive visualization of all artifacts in one repository. Another valuable aspect is the availability of out-of-the-box outcomes, such as strategy maps and BPA models, eliminating the need for additional configuration. MEGA HOPEX allows users to focus on specific business areas, like risk management or data governance, providing a high-level overview while enabling deep dives into specific areas of interest. For risk management, MEGA HOPEX allows users to assess impacts, create recovery plans, and track action plans.""We have many use cases for this solution but the feature I have found most valuable is the IT Portfolio Management module.""The support experience in Latin America is great.""What I find the most valuable is the process workflow. It is really good.""The most valuable parts of this solution are the richness of its features and its easy interface.""What's most valuable in MEGA HOPEX is that it follows the reference model where each component is defined. I also like the diagram consistency in MEGA HOPEX."

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Cons
"I would like to see the modeling less strict so that connectors can be more flexible."

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"Better documentation and training would be helpful.""I cannot recall coming across any missing features.""The features are limited. I'm hoping in the future the solution will be bigger and include more items. Right now, overall, it needs more.""MEGA HOPEX's problem is that it is expensive, but it's a fantastic tool.""We would like to see integration with other products, such as being able to use our workflow with SharePoint and Microsoft Office.""Scalability can be a problem sometimes.""The tool's UI should be more user-friendly.""The product must improve integration with other tools."

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Pricing and Cost Advice
Information Not Available
  • "If you want to use additional features, such as the Risk Management capability, then it is a little too expensive."
  • "It is very expensive."
  • "The price of the MEGA HOPEX license could improve, it is expensive. The license key for business process analysis and IT architecture is approximately €10,000. This price is fixed, it's not a subscription or cloud-based version. It is a one-time price."
  • "The price of the support depends on the vendors that are reselling this module or the MEGA HOPEX version 5. We are on premium support and are their only partners in the GCC, we have a premium support contract with them. The support we have is not with the client. The client does not bear the cost, it's us who bear the cost."
  • "I've been told that MEGA HOPEX is very expensive, which is why small organizations dismiss the tool. It's complex and costly versus other simpler and cheaper solutions."
  • "The product has a high cost."
  • "The tool is relatively expensive."
  • "The pricing depends on the number of licenses purchased."
  • More MEGA HOPEX Pricing and Cost Advice →

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    Top Answer:Hi @Cheryl Joseph ​Looking at the crossover between Project and Portfolio management with EA, then Planview could be a good choice. If looking at Portfolio Management from an EA perspective then… more »
    Top Answer:An advantage is its accessibility.
    Top Answer:The solution is expensive. Our organization is very small but has the complex needs that this solution fits.
    Ranking
    29th
    out of 86 in GRC
    Views
    287
    Comparisons
    179
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    4th
    out of 86 in GRC
    Views
    634
    Comparisons
    326
    Reviews
    12
    Average Words per Review
    460
    Rating
    8.2
    Comparisons
    Learn More
    Overview

    Distance yourself from the potentially devastating risks of noncompliance. Using ARIS for risk and compliance management means you have a process-focused approach to an enterprise-wide compliance and risk management system.

    ARIS can be used to implement and efficiently operate an enterprise-wide compliance and risk management system. You can protect your business from potentially devastating risks of non-compliance while reducing your costs, using a single source of truth to ensure effective enterprise operations and compliance. 

    MEGA HOPEX is a single software platform that combines integrated software solutions including privacy and data management, business process analysis, and risk management. By connecting business, IT, data, and risk perspectives, MEGA HOPEX helps your organization get the visibility you need and also helps improve decision-making by using connected EA to eliminate silos and foster collaboration. As a SaaS solution, MEGA HOPEX is scalable, flexible, and secure. It relies on Microsoft Azure infrastructure and is designed to seamlessly and easily integrate into your digital ecosystem. The MEGA HOPEX platform enables you to develop an integrated approach to risk management, business optimization, and data governance, as well as to build a clear IT roadmap.

    MEGA HOPEX Features

    MEGA HOPEX has many valuable key features. Some of the most useful ones include:

    • Flexible metamodel configurability: MEGA HOPEX can be adapted to your operating model with easy-to-use customization options. In addition, it gives you the option to expand functionalities and import ready-to-use content through the HOPEX store.
    • Intuitive workflows: The MEGA HOPEX platform includes intuitive workflows that help accelerate business value delivery and also helps to foster collaboration among all stakeholders.
    • Ready-to-use enterprise portal: With MEGA HOPEX’s ready-to-use enterprise portal, it is easy to share insights across your entire organization.
    • Contextual search: MEGA HOPEX has a contextual search functionality that enables you to find accurate and trusted data easily with the option to also use filters to narrow your search results.
    • Reporting and dashboarding: MEGA HOPEX offers out-of-the-box templates for reports and also allows you to build your own reports to monitor and govern your projects with actionable insights and recommendations.

    MEGA HOPEX Benefits

    There are many benefits to implementing MEGA HOPEX. Some of the biggest advantages the solution offers include:

    • Data-driven algorithms: MEGA HOPEX provides smart recommendations based on data-driven algorithms, giving you the ability to share actionable insights using a collaborative enterprise portal and mobile apps.
    • Intuitive modeling engine: The MEGA HOPEX platform enables you to visually communicate how your operations work and see how business, IT, and data are connected through building different diagrams. 
    • Improved collaboration and alignment: MEGA HOPEX has a data discovery tool that extracts data from various sources to build your data catalogs. The platform’s automated discovery of applications, data, and processes, along with its automated diagram generation and intelligent workflows, improve productivity, collaboration, and alignment.
    • Accelerates project delivery: By using MEGA HOPEX, you can develop synergies and avoid duplicative efforts by connecting strategy, business, IT, data, and risk perspectives on the same platform.

    Reviews from Real Users

    Below are some reviews and helpful feedback written by PeerSpot users currently using the MEGA HOPEX solution.

    PeerSpot user Kayode A., Enterprise Architecture Consultant at ZealHosts Consulting, says, “What I find the most valuable is the process workflow. It is really good. The fact that you can decompose is also valuable, as is the file D structure. Also, the fact that you can have your own logical repository structure and you can drag and drop is very valuable. This is largely because of its intuitiveness. Once you understand the logic behind the tool, MEGA HOPEX is quite intuitive. I also like the ability to create custom reports. I like the fact that you can share repository content via web to other end users who are not architects.”

    A Software Architect at a transportation company mentions, “The main feature that we like the most is the ability to have a unique repository where all the architects can interact and play together with the shapes of different architecture solutions. They have a unified repository where users can share the developments they're working on. Its availability is very good.” 

    An IT Consulting Manager at a tech services company comments, "We have many use cases for this solution but the feature I have found most valuable is the IT Portfolio Management module."

    Sample Customers
    Alicorp, Tesco, Dubai Municipality, Emirates NBD, Suva - ARIS serves customers across all industries and of every size worldwide. Companies trust ARIS as being in the market of business process management for more than 30 years, serving users worldwide, from 1 user companies to the Fortune 500.
    Aetna, Fannie Mae, M&T Bank, Glatfelter Insurance Group, Zions Management Services Company, The College Board, Baxter Credit Union, AXA Financial, Missouri Department of Conservation, New York State OTDA, MEG Energy Corp, Walgreens, Procter & Gamble, Biogen Idec, Gilead Sciences, Organic Valley, Trinity Health, Nissan and Ford
    Top Industries
    No Data Available
    REVIEWERS
    Financial Services Firm32%
    Transportation Company18%
    Insurance Company9%
    Energy/Utilities Company9%
    VISITORS READING REVIEWS
    Educational Organization38%
    Financial Services Firm14%
    Government6%
    Computer Software Company6%
    Company Size
    No Data Available
    REVIEWERS
    Small Business31%
    Midsize Enterprise13%
    Large Enterprise56%
    VISITORS READING REVIEWS
    Small Business10%
    Midsize Enterprise43%
    Large Enterprise47%
    Buyer's Guide
    GRC
    April 2024
    Find out what your peers are saying about RSA, AuditBoard, Trend Micro and others in GRC. Updated: April 2024.
    767,847 professionals have used our research since 2012.

    ARIS Risk and Compliance Manager is ranked 29th in GRC while MEGA HOPEX is ranked 4th in GRC with 36 reviews. ARIS Risk and Compliance Manager is rated 8.0, while MEGA HOPEX is rated 7.8. The top reviewer of ARIS Risk and Compliance Manager writes "Risk testing feature enables you to attach your processes to the risk, and automatically generate all of the tests". On the other hand, the top reviewer of MEGA HOPEX writes "Easy to use and robust with good features". ARIS Risk and Compliance Manager is most compared with RSA Archer, whereas MEGA HOPEX is most compared with Sparx Systems Enterprise Architect, LeanIX, ARIS BPA, Visio and Avolution ABACUS.

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    We monitor all GRC reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.