MetricStream Risk Management Software Solution

Gaining visibility and control on the multitude of internal and external risks is one of the top priorities of corporations today. With a recent jump in regulatory mandates and increasingly active shareholders, many organizations have become increasingly sensitized to identifying areas of risk in their business: whether it is financial, operational, IT, brand, or reputation related risk. These risks are no longer considered the sole responsibility of specialists - executives and the boards demand visibility into exposure and status so they can effectively manage the organization's long-term strategies. As a result, companies are looking to systemically identify measure, prioritize, and respond to all types of risk in the business, and then manage any exposure accordingly.

MetricStream provides an integrated and flexible risk management framework for documenting and assessing risks, defining controls, managing audits, identifying issues and implementing recommendations and remediation plans. The risk management solution includes powerful tools for risk analysis and monitoring such as configurable risk calculators and risk heat maps.

MetricStream uniquely combines software and content to deliver risk management software solutions to customers. Embedded risk management best practices content helps define the scope of processes and sub-processes for which risk management needs to be performed and guides development of control and test libraries. The risk management software solution also provides other intelligent and content driven features such access to training content from an expert community from within the solutions and integration of business processes with regulatory notifications and industry alerts.