Enterprise Risk Management logo

Enterprise Risk Management

by MetricStream · Since 1999
No reviews yet
ActiveAvailable globallyCloud
Quick facts
VendorMetricStream
Year launched1999
StatusActive
LocationSan Jose 6201 America Center Drive, San Jose, CA 95002
Countries servedGlobal
Languages1
Integrations2+
Free tierNO
Free trialNO
Contact salesYES

About Enterprise Risk Management

MetricStream Enterprise Risk Management (ERM) is a software solution for identifying, assessing, and mitigating organizational risks.

MetricStream Enterprise Risk Management (ERM) is a governance, risk, and compliance (GRC) software designed to provide a structured approach to managing organizational risks. The platform allows businesses to identify, assess, monitor, and mitigate risks across their operations. Key capabilities include multi-dimensional risk assessments using both qualitative and quantitative data, which helps in establishing a comprehensive risk profile. The software offers real-time insights through powerful analytics, advanced heat maps, and customizable reports and dashboards, aiming to enhance visibility into the most critical risks. It is a cloud-based solution. Pricing is not publicly available and requires contacting the sales team for a quote. The platform supports integrations with various third-party systems through its marketplace, including security and compliance tools.

Pros & Cons

Pros
  • Provides a structured and centralized approach to managing enterprise-wide risks.
  • Offers real-time insights and visibility into top risks through powerful analytics and dashboards.
  • Supports integration with various external systems via a marketplace and APIs.
  • Enables multi-dimensional risk assessments using both qualitative and quantitative parameters.
Cons
  • Pricing information is not publicly available and requires a sales inquiry.
  • The specific product page for Enterprise Risk Management returned a 404 error, making detailed feature verification difficult.

Features

Key features

Risk Identification

Systematically identify and catalog risks across the enterprise.

Risk Assessment

Perform multi-dimensional risk assessments using qualitative and quantitative parameters to establish a risk profile.

Real-time Monitoring

Gain real-time insights into risk management programs through analytics, heat maps, reports, and dashboards.

Structured Risk Management

Enables a structured approach to managing organizational risks based on uniform methodologies and standards.

Visibility and Decision-Making

Provides clear visibility into top risks to drive faster, risk-aware decisions.

Additional features

Federated Centralized Data Model

Standardized library establishing and maintaining cross-functional relationships across processes, products, risks, and controls.

Multi-Dimensional Risk Assessments

Configurable risk scoring supporting simple ratings or advanced weighted-average evaluations across organizational hierarchies.

Industry Standard Control Frameworks

Pre-mapped control design, testing, and evaluation aligning with standards such as COSO and COBIT.

Key Metrics Monitoring (KRIs, KCIs, KPIs)

Proactive indicator tracking with automated threshold triggers and alerts to notify personnel upon risk breaches.

AI-Powered Issue Management

Machine-learning engine identifying issue criticality and dependencies to automatically recommend remediation and action plans.

Risk Treatment & Mitigation Tracking

Workflow suite for defining risk mitigation actions—accepting, avoiding, transferring, or optimizing risk exposures.

Interactive Dashboards & Heat Maps

Real-time data visualization offering executive landing pages, trend analysis, and a 360-degree risk overview.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
1
Interface languages
1
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD

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