Product Quick Facts
MetricStream is a cloud-based enterprise management solution that offers a structured and systematic approach to managing risks across an organization. Real-time insights into risk management programs are offered with analytics and reporting capabilities, dashboards, and charts.
By implementing uniform risk assessment methodologies and standards, MetricStream provides a prioritized breakdown of risks across an organization. Multi-dimensional risk assessments based on several qualitative and quantitative parameters can be performed to establish the organization’s risk profile. MetricStream users can identify and define business objectives, processes, products, risks, and controls through platform. They can also document and manage a wide array of enterprise risks and associated details. Team members can access advanced tools for planning, scheduling, and performing risk assessments, and once the assessments are performed, route results for review and approval.
MetricStream users can access risk assessments with support for both top-down and bottom-up approaches. Risk assessments can be ranked, or an advanced assessment is available that takes into account multiple factors . Reports are available in real time for analysis. MetricStream measures and tracks key indicators for risks (KRIs), controls (KCIs), and key performance objectives (KPIs). Users can set thresholds to identify potential threats, and mitigate them in advance. Alerts and notifications offer relevant personnel a medium for faster decision making.
(Last updated on 02/02/2022 by Jonathan Darcy)