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DENVER -- Amegy Bank of Texas plans to deploy Hewlett-Packard Co.' S new OpenView Compliance Manager software when it ships this fall, an IT compliance officer at the bank said this week. Using the new software and other OpenView tools will allow Houston-based Amegy to keep IT costs and staffing under control, said Maureen Greer, assistant vice president of IT compliance for the bank. 'You've got to automate,' she said.

'You can't keep adding staff.' Amegy has 75 branches in Houston and Dallas and $7 billion in assets. Compliance Manager, announced here on Monday at the HP Software Forum attended by more than 2,000 HP software customers, is designed to automate and monitor internal controls and business processes related to regulations such as the Sarbanes-Oxley Act. The starting price has been tentatively set at $250,000.

Greer said the bank has had success with Open View identity management products, including Select Identity and Select Access, as well as OV Change and Configuration Management, which is used to make sure 2,000 PCs and servers are configured according to the bank's policies. Aisc Manual Of Steel Construction Pdf Free: Software Free Download here. Amegy first started using HP products two years ago, and the software has since been supplemented by HP Services, the consulting arm of HP, she said. The bank chose HP's offerings after a review of all of the systems management and compliance products from major software vendors, she said. Sarbanes-Oxley and a number of other recent compliance initiatives have come under attack by some for imposing too many new duties on IT systems in big organizations, but Greer said she welcomes it. 'Sarbanes-Oxley is a good thing for being able to emphasize more control,' she said, noting that it gives IT managers more sway with boards of directors and top executives on issues related to security and compliance. Amegy has long been willing to spend on IT management software and take other steps to protect itself and its customers.

For example, the bank adopted a policy for encrypting backup tapes years ago. Therefore, even if the tapes were lost while being transported from one location to another -- as has happened to tapes belonging to other financial services companies in several recent incidents -- 'with our tapes, the data's worthless to anybody who steals them,' Greer said.