MEGA HOPEX vs OneTrust GRC comparison

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MEGA International Logo
634 views|326 comparisons
84% willing to recommend
OneTrust Logo
2,950 views|1,479 comparisons
57% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between MEGA HOPEX and OneTrust GRC based on real PeerSpot user reviews.

Find out in this report how the two GRC solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed MEGA HOPEX vs. OneTrust GRC Report (Updated: March 2024).
768,578 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
"MEGA offers a more integrated GRC platform to facilitate enhanced coordination between the functions of Risk, Compliance, and Internal Audit on a single platform solution - HOPEX.""The most valuable features of MEGA HOPEX are the seamless VPA module and the good user experience. There are built-in connections that provide integration with other platforms, such as ServiceNow. There is a lot of customization available allowing a lot of freedom. The solution is updated frequently adding new features. For example, the feature GraphQL can be integrated into other solutions, such as ManageEngine for ITSM solutions. You are able to use GraphQL to connect APIs and query the APIs.""The most valuable parts of this solution are the richness of its features and its easy interface.""We have many use cases for this solution but the feature I have found most valuable is the IT Portfolio Management module.""HOPEX has a panel that offers various views. I think that is very good. MEGA has an app for integrating with a lot of apps. We help our clients integrate HOPEX with a different product like Apple Gateway, for example. I've been with the company for 15 years, and we connect with everything. Our clientele includes almost all of the banks in Mexico.""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.""This is a complete package with all of the functionality that we need.""What I find the most valuable is the process workflow. It is really good."

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"It does help in the automation of our privacy impact assessments.""We receive notifications or cases and prioritize them accordingly, which helps us address issues promptly.""One of the valuable features of this solution is it has the ability to review fourth and fifth parties to the nth degree.""The product helps us streamline audit and incident management processes.""As a solution for IT risks, it is a very good product.""OneTrust GRC is stable.""Vendors can be assessed and rated out of the tool, and assessments can be scheduled for updates at certain intervals."

More OneTrust GRC Pros →

Cons
"This product is expensive and would be improved by lowering its price.""I cannot recall coming across any missing features.""The tool usability is weak and it also has a high learning curve.""MEGA HOPEX's initial setup could be easier. The newer version is better but they still need to improve the process. The deployment took approximately four to eight hours.""Lacking more out of the box integrations.""It would be great if this solution could integrate with other tools such as ITSM (ServiceNow) or CMDB.""The training materials and learning process need improvement.""The tool's UI should be more user-friendly."

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"The Vendor Risk dashboard is quite basic today and not interactive, but improvements are in coming the next releases.""There are limitations to customized workflow automation, and they need to increase both the available automation and the customized workflow.""They could improve by offering free help. A solution, a lot of times, is not just the use of the solution. For example, it is the overall engagement, how well do they support the system, what is their SLA, and how long their response time is to an issue. It would be beneficial if they had some type of professional services where they offer the first five hours of professional services a year for free. That would be a substantial benefit rather than having to buy professional services or professional services packages.""We encounter difficulties creating multiple platforms or interfaces and manual processes for changing certain settings.""The product is not that easy to set up.""I haven't seen any return on investment using the solution. If I had the opportunity, I would use a different solution.""OneTrust GRC's workflows aren't automated and need to be manually driven."

More OneTrust GRC Cons →

Pricing and Cost Advice
  • "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 →

  • "I found the pricing and setup cost very reasonable."
  • "OneTrust GRC's licensing costs about $15,000 per module."
  • "On a scale from one to ten, where one is cheap, and ten is too expensive, I rate the solution a seven since it falls under the pricey side."
  • "The solution is expensive."
  • "The platform is expensive."
  • More OneTrust GRC Pricing and Cost Advice →

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    Questions from the Community
    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.
    Top Answer:The product helps us streamline audit and incident management processes.
    Top Answer:The product is not that easy to set up. It is also not easy to get used to the naming convention. It requires in-depth training.
    Ranking
    4th
    out of 86 in GRC
    Views
    634
    Comparisons
    326
    Reviews
    12
    Average Words per Review
    460
    Rating
    8.2
    5th
    out of 86 in GRC
    Views
    2,950
    Comparisons
    1,479
    Reviews
    4
    Average Words per Review
    383
    Rating
    6.5
    Comparisons
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    AuditBoard logo
    Compared 11% of the time.
    Workiva Wdesk logo
    Compared 9% of the time.
    LogicGate logo
    Compared 8% of the time.
    Also Known As
    OneTrust Vendor Risk Management
    Learn More
    Overview

    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."

    OneTrust is the largest and most widely used technology platform to operationalize privacy, security and third-party risk management. More than 2,500 customers, both big and small and across 100 countries, use OneTrust to demonstrate compliance with privacy regulations including the GDPR, California Consumer Privacy Act, Brazil LGPD, and hundreds of the world's privacy laws.

    OneTrust's size and scale allows it to offer the easiest-to-use and most affordable solution for implementing use cases including: Privacy Maturity Benchmarking, Data Protection by Design and Default (PbD), Data Protection Impact Assessments (PIA/DPIA), Third-Party Vendor Risk Management, Incident and Breach Response, Data Mapping (Records of Processing), Customer Preference Management, Consent Management, Website Scanning & Cookie Compliance, Mobile App Scanning, Data Subject/Consumer Rights Management and Policy & Notice Management.

    The platform's intelligence comes from DataGuidance by OneTrust, an in-depth and up-to-date source of privacy and security regulatory summaries, guidance, templates, case law, and analysis. The database is updated daily by over 20 in-house privacy researchers, along with a network of 500 lawyers across over 300 jurisdictions.

    OneTrust's 700 employees are located across co-headquarters in Atlanta and in London with additional locations in Bangalore, Melbourne, San Francisco, New York, Munich and Hong Kong. To learn more, visit OneTrust.com.

    Sample Customers
    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
    randstand, into, halfbrick
    Top Industries
    REVIEWERS
    Financial Services Firm32%
    Transportation Company18%
    Insurance Company9%
    Energy/Utilities Company9%
    VISITORS READING REVIEWS
    Educational Organization38%
    Financial Services Firm14%
    Government6%
    Computer Software Company6%
    VISITORS READING REVIEWS
    Financial Services Firm14%
    Computer Software Company11%
    Government7%
    Manufacturing Company6%
    Company Size
    REVIEWERS
    Small Business31%
    Midsize Enterprise13%
    Large Enterprise56%
    VISITORS READING REVIEWS
    Small Business10%
    Midsize Enterprise43%
    Large Enterprise47%
    REVIEWERS
    Midsize Enterprise10%
    Large Enterprise90%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise15%
    Large Enterprise65%
    Buyer's Guide
    MEGA HOPEX vs. OneTrust GRC
    March 2024
    Find out what your peers are saying about MEGA HOPEX vs. OneTrust GRC and other solutions. Updated: March 2024.
    768,578 professionals have used our research since 2012.

    MEGA HOPEX is ranked 4th in GRC with 36 reviews while OneTrust GRC is ranked 5th in GRC with 7 reviews. MEGA HOPEX is rated 7.8, while OneTrust GRC is rated 7.6. The top reviewer of MEGA HOPEX writes "Easy to use and robust with good features". On the other hand, the top reviewer of OneTrust GRC writes "Costly solution that may not guarantee ROI, but remains effective in IT risk management ". MEGA HOPEX is most compared with Sparx Systems Enterprise Architect, LeanIX, ARIS BPA, Avolution ABACUS and Visio, whereas OneTrust GRC is most compared with RSA Archer, ProcessUnity, AuditBoard, Workiva Wdesk and LogicGate. See our MEGA HOPEX vs. OneTrust GRC report.

    See our list of best GRC vendors.

    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.