Enterprise Risk Management App
The MetricStream Enterprise Risk Management App enables you to identify, assess, quantify, manage, and monitor enterprise risks in a highly streamlined, automated, and integrated manner. The ERM App scales across the enterprise, capturing risk and control data, as well as risk assessment findings, losses, issues, KRIs, and remediation plans in a single, centralized system. With the App, you gain a 360-degree, real-time view of your enterprise risks connected with strategic objectives to enhance decision-making.Download Datasheet
Captures risk data, including risk description, impact, rating, mitigation plans, and emerging issues; maps this data to the associated processes, assets, and entities for comprehensive risk transparency
Helps assess inherent and residual risk based on impact and likelihood; supports multi-dimensional risk assessments, including top-down and bottom-up approaches; provides configurable risk computation methodologies and algorithms
Helps define controls through frameworks such as COSO; supports control assessments based on predefined criteria and checklists; provides a mechanism to score, tabulate, and report results
Routes risk issues through a systematic process of investigation and remediation; keeps the process on track with automated alerts
Provides dashboards, analytics, heat maps, and reports with drill-down capabilities that deliver in-depth and real-time data on ERM across the enterprise
- Enable a streamlined and consistent approach to the ERM lifecycle
- Standardize, consolidate, and map risk data in a common repository for improved transparency
- Strengthen risk management with an extensive database of frameworks such as COSO, COBIT, and ISO
- Assess risks from multiple perspectives. Get an in-depth, well-rounded picture of enterprise risk
- Enable real-time tracking of risks, control status, issues, actions, KRIs, and other key data
- Transform raw risk data into valuable risk intelligence to drive strategy and business performance enhancement
A single, real-time view of risk data is critical to supporting sound and strategic decision-making.
MetricStream ERM Software Solution
Faced with multiple internal and external risks, as well as regulatory pressures, companies are striving to build a robust ERM program. Strategic decisions are driven largely by risk, which makes it all the more important to strengthen risk visibility and control.
The MetricStream ERM Solution captures a range of enterprise risks in a unified system. The solution provides comprehensive tools to assess inherent and residual risks based on various qualitative and quantitative factors. It also supports risk ranking using a configurable scoring logic, tracks risk metrics and losses, and enables analyses of various risk scenarios in a consistent, efficient manner.