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Third-Party Management Arrives: Hiperos Signs 12 New Name Customers in Q4 2014, Dominated by Fortune 500 and Forbes Global 2000 Companies
[January 13, 2015]

Third-Party Management Arrives: Hiperos Signs 12 New Name Customers in Q4 2014, Dominated by Fortune 500 and Forbes Global 2000 Companies


Hiperos, an Opus Global company and the leading provider of third-party management software, today announced it has closed out another blockbuster quarter in customer acquisition, signing a dozen high-profile brands in banking, consumer goods, energy exploration and information technology. New name customers include four Fortune 500 companies, three from the Forbes Global 2000 and three of the 20 largest banks in the world -- with collective revenues exceeding $200 billion.

The continuing surge in demand from large, global enterprises reflects their growing need to manage increasingly complex webs of third-party relationships. New customers will use Hiperos' best-in-class third-party management solution to protect, control and optimize these relationships.

"The biggest names in US and global business are telling us the same thing: Bolted-together legacy solutions and a narrow focus leave enormous gaps and create risk. High-profile data breaches and record regulatory enforcements are shaking executive confidence," said Greg Dickinson, CEO of Hiperos. "Companies are demanding systms that offer protection from reputational harm, revenue impacts and regulatory fines, and deliver measurable ROI. The Fortune 500 has spoken. Third-party management has arrived."



Studies show third parties, including suppliers, vendors, contract manufacturers, resellers, service companies and brokers, deliver 60 percent or more of companies' revenue and account for the majority of company spend. Applying these metrics, Hiperos' solutions will help its new customers manage over $100 billion annually in third-party expenditures.

Hiperos' new customers include seven banks, two household name US consumer brands, two of the biggest names in information technology and a large provider of energy extraction solutions.


About Hiperos

Hiperos, an Opus Global company, is the leader in Third-Party Management software connecting over 340,000 third parties to many of the world's largest companies across a range of industry verticals including energy, financial services, manufacturing, real estate, pharmaceuticals, and technology. The company's flagship product, Hiperos 3PM™, is the only solution in the market that is purpose-built to simultaneously minimize the risks of using third parties while maximizing the value they provide. Implemented by the global 2000 and business consortiums to address their expanding third-party management requirements, Hiperos 3PM™ has become the industry's most widely used SaaS (News - Alert)-based solution. The winner of industry awards and accolades for the proven value and low cost of ownership it delivers, Hiperos 3PM™ enables companies to protect their brand and revenues by implementing an automated, consistent approach to third party onboarding, measurement, monitoring and controls, throughout their lifecycle. Hiperos' clients include many of the world's leading companies such as Aetna, Alcoa, AON, Arrow Electronics, Astra Zeneca, AXA, Baker Hughes (News - Alert), Bank of Montreal, BNP Paribas, CA Technologies, Charles Schwab, Fulton Bank, Halliburton, Huntington Bank, JLL, Kellogg, Kraft Foods, Mondelez, Microsoft, News Corporation, NYC Bancorp, Peabody, PNC (News - Alert) Bank, Rockwell Automation, Sun Life Financial, State Street, TD Bank, United Technologies and Zion's Bank. For more information, visit http://www.hiperos.com.


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