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Enterprise Security Magazine | Monday, November 02, 2020
MetricStream has announced the release of the latest version of its M7 Integrated Risk platform, with several developments that will help the customers to address the changing workforce.
FREMONT, CA: MetricStream,an enterprise cloud application provider for Governance, Risk, and Compliance (GRC), has announced the release of the latest version of its M7 Integrated Risk platform, with several developments that will allow the customers to embrace simple, agile, and intelligent methods for proactively addressing the changing workforce, risk, regulatory, and cybersecurity landscape.
Today, companies need to adapt to the expectations of a transforming workforce, developing a culture of risk-aware decision making, inclusion, and compliance so that it can succeed in an environment where risk is infusing through every level of the organization. The volume and velocity of unified risks, and the growing requirement for harmonization and aggregation, have made the connection of frontline stakeholders crucial to the proactive mitigation of hazards. MetricStream's innovations are designed in a way so that it can address this challenge across the expanded enterprise by allowing a modern integrated risk approach, which is powered by intelligence and frontline engagement.
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As the world embraces the New Normal with the transforming workforce, most companies have increased the speed of their digital transformation of GRC functions. The M7 Integrated Risk platform unites the data, removes information silos, increases the efficiency of risk, compliance, and cyber risk programs. It even serves as a single source of truth for real-time, risk-aware decision making.
"Risk is everyone's business. Our customers have had to pivot and quickly adapt to ensure agility, resilience and performance," said Andreas Diggelmann, Chief Technology Officer at MetricStream. "With our modern, integrated risk platform, all stakeholders including the frontline are empowered to participate in a risk-aware decision-making culture, to safeguard integrity and brand reputation, thereby accelerating sustainable business performance."
Integrated Risk Platform Intelligent by Design:
Smart Policy Search: Allows the frontline to rapidly and easily determine the relevant policy information based on their intent.
AI Integration: Improves GRC functions by allowing predictive intelligence with AI and Machine Learning.
Issue Analytics: Automatically classifies issues, recognizes similar issues, patterns, and trends to prioritize actions.
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