MetricStream has announced ConnectedGRC solutions that helps organisations tackle business challenges related to risk, compliance, audit, cyber risks, and environmental, social, governance (ESG).
The new solutions provide a single, intuitive platform that enables enhanced collaboration, information sharing, and a quantitative approach to risk management.
“The old ways of managing risk – siloed, compartmentalised, and manual – are no longer effective or efficient. Risk is pervasive, stretching across the enterprise. It’s time for leaders to manage, embrace and thrive on risk by breaking down silos and implementing a Connected GRC (governance, risk, and compliance) strategy that becomes a single source of truth to make more strategic business decisions,” said Bruce Dahlgren, Chief Executive Officer of MetricStream.
ConnectedGRC is powered by MetricStream Intelligence which includes embedded best practices, deep domain capabilities, artificial intelligence (AI) powered real-time insights, and risk quantification capabilities. It comprises BusinessGRC, which provides a connected view of risk and collaborate seamlessly across risk, compliance and audit teams; CyberGRC, which gives real-time visibility and quantified risk insights across IT, cyber and vendor risk, and ESGRC, a simplified approach towards collecting and reporting on all industry and organisational ESG requirements.
These solutions are available in three pre-configured packages – Prime, Premium, and Enterprise that organisations can scale with.