Digital Risk Solution
MetricStream Digital Risk Solution empowers businesses to stay competitive and agile in a constantly evolving digital environment. The solution enables organizations to gain better visibility into digital risks associated with technology, business operations, regulatory compliance, cybersecurity, and third-party relationships, thereby strengthening risk awareness and decision-making. Built on the M7 Integrated Risk Platform – intelligent by design, the solution simplifies the management of organizational risks related to digitization. It also enables contextual risk insights, establishes consistent risk taxonomies, and streamlines effective governance processes allowing organizations to drive innovation, while keeping pace with the volume and complexity of digital change.
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Key Capabilities
Enterprise Risk Management
IT and Cyber Risk Management
Vendor Risk Management
Intelligent Content Libraries
Customer Experience
A lot of time may be spent on the design phase of a GRC program, but ultimately, it's about how the program is implemented. There needs to be a focus on engagement, communication, follow-up, and the sustainability of the GRC program.
Dr. Mark Hodgkinson
Operational Excellence Manager
Bahrain Petroleum Company
What drove us to go down the MetricStream route. We had 3 main drivers for change. The first of those was efficiency. The manual system was effective but it was very labor intensive, it was time consuming. There was a lot of people involved in moving a lot of paper around the organization and evidencing that we could do all the things that we needed to do.
Dermot McCarthy
Head of Crisis Management
Standard Chartered Bank
The subject of GRC is very new, but all industries are discussing it. GRC will become one of the most important subjects in the next decade.
Caroline Agletiner
Compliance Officer
Societe Generale
In terms of benefits of implementation, we've achieved everything we set out to. We have a single source of the truth. The GRC platform is seen by the CRO as the place where all of the risk and control data and loss event data in Nationwide is mastered. It is the central record, the only record that we use to report to the regulator.
SIMON CORY
Director
Nationwide Building Society
One of our biggest risks is responsible gaming risks. GRC technology can help us a lot in tracking this risk instantly, and taking measures to mitigate it.
Marisa Melliou
Group Audit Director
OPAP
Better Insights.
Better Decisions.
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Measurable Outcomes
Safeguard your enterprise in a digital world.
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67% improvement in risk reporting visibility and efficiency for the executive management and board. -
80% improvement in risk and control framework related operational efficiency.
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80% reduction in third-party onboarding time.
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50% reduction in the time and costs required to complete third-party risk assessments and identify risks.
Gartner Magic Quadrant
MetricStream Recognized as a Leader in the 2020 Gartner Magic Quadrant for IT Risk Management
PRESS RELEASE
MetricStream enables organizations to mitigate compliance risks with enhanced intelligent regulatory content libraries, delivered on its integrated risk platform.
MetricStream Digital Risk Solution empowers businesses to stay competitive and agile in a constantly evolving digital environment. The solution enables organizations to gain better visibility into digital risks associated with technology, business operations, regulatory compliance, cybersecurity, and third-party relationships, thereby strengthening risk awareness and decision-making. Built on the M7 Integrated Risk Platform – intelligent by design, the solution simplifies the management of organizational risks related to digitization. It also enables contextual risk insights, establishes consistent risk taxonomies, and streamlines effective governance processes allowing organizations to drive innovation, while keeping pace with the volume and complexity of digital change.