Connected GRC

MetricStream Connected GRC uses a federated, centralized data model to link risk, compliance, audit, cyber, third-party, and resilience data on one platform. Shared libraries of risks, controls, regulations, and assets allow changes in one program to flow automatically to related programs. For example, a new regulatory requirement can automatically trigger a compliance gap assessment, a policy update, and an internal audit scope adjustment—without manual re-entry across multiple systems.

AI is built into core workflows across MetricStream Connected GRC. The platform uses AI and machine learning to automatically classify issues, recommend remediation actions, identify duplicate findings across programs, and generate risk insights from large volumes of structured and unstructured data. AI also powers smart search for policies, automated summarization of audit findings, and predictive risk monitoring using Key Risk Indicators (KRIs)—thresholds that trigger alerts when risk levels approach unacceptable levels.

MetricStream Connected GRC is designed for large enterprises that manage complex, multi-dimensional GRC programs across business units, geographies, and regulatory jurisdictions. Financial institutions, healthcare organizations, energy companies, and technology firms have deployed the platform. It is particularly valuable for organizations that need to coordinate risk, compliance, audit, and cyber functions and reduce the costs of maintaining separate, siloed systems for each discipline.

MetricStream Connected GRC includes a Regulatory Intelligence capability that ingests and tracks regulatory updates through integration with authoritative content sources. Regulations are automatically mapped to risks, controls, and policies, and teams receive automated alerts when standards change. The platform supports compliance with frameworks including NIST CSF, ISO 27001, COBIT, COSO, SOX, GDPR, DORA, and HIPAA, and allows organizations to rationalize controls across multiple frameworks to reduce duplication.

According to customer responses and the GRC Journey Business Value Calculator, organizations using MetricStream's Connected GRC platform have reported meaningful reductions in risk assessment cycle times, compliance management costs, and audit follow-up effort. Specific outcomes cited across connected product areas include a 90% reduction in audit review time, a 66% reduction in time taken to complete IT risk assessments, and a 50% reduction in compliance management time. These results reflect the platform's ability to automate previously manual GRC activities.

MetricStream Connected GRC includes a Third-Party Risk Management module that manages the full vendor lifecycle—from initial screening and onboarding through continuous monitoring and offboarding. Automated risk questionnaires, real-time intelligence feeds from providers such as Dow Jones, D&B, BitSight, and SecurityScorecard, and AI-powered issue classification allow organizations to maintain an up-to-date view of third-party and fourth-party risk exposure. Performance is tracked using Key Performance Indicators (KPIs) and vendor scorecards.

Traditional GRC tools typically operate as isolated systems—separate applications for risk, audit, compliance, and IT security that share little data with each other. MetricStream Connected GRC is built on a unified data architecture where all GRC domains share common libraries of risks, controls, regulations, and processes. AI automates workflows that previously required manual effort, and role-based dashboards provide each stakeholder—from frontline business users to board members—with the specific risk and compliance intelligence they need, in real time.

MetricStream Connected GRC includes an Operational Resilience module that maps critical business processes, services, and their dependencies, then continuously monitors these against defined impact tolerances—acceptable levels of disruption. Organizations can conduct scenario testing to simulate plausible disruptions, maintain business continuity plans linked to critical assets and contacts, and use AI-powered issue management to coordinate recovery. Emergency notification templates across 25+ communication channels support rapid crisis response.

MetricStream Connected GRC's low-code/no-code cloud platform allows GRC teams to configure workflows, data models, assessment templates, and dashboards without involving IT development resources. Organizations can adapt the platform to reflect changes in their business structure, regulatory environment, or risk appetite—typically within days rather than months. This configuration flexibility also means the platform can scale from a single GRC domain to a fully integrated enterprise program as organizational needs evolve.