SINGAPORE–(BUSINESS WIRE)–MetricStream, the global market leader in integrated risk management and governance, risk, and compliance (GRC) solutions, today announced they have been awarded the Operational Risk Solution of the Year, as part of the Risk.net Asia Risk Awards and Technology Awards 2021.
According to Risk.net, “What makes this solution stand out is that it provides deep visibility for users into an organization’s operational risks, controls, and losses, effectively enabling them to strengthen resilience, decision-making and business agility. This helps MetricStream customers realize their own operational efficiencies with a 66% reduction in time to complete full risk assessments.”
“We are at the cutting edge, delivering new and innovative technologies that are driving value for our customers, who need to protect themselves from uncertainties, minimize losses, and elevate decision-making,” said Aravind Varadharajan, Senior Vice President and Managing Director, APAC, MetricStream. “It’s an honour to receive this award, and confirmation we are helping our Asia-Pacific customers turn risk into a strategic advantage.”
MetricStream’s recognition by Risk.net, the world’s leading source of in-depth news and analysis on complex markets, follows significant momentum with its recent ESGRC release and Brazos product launch.
MetricStream’s Operational Risk Management (ORM) product provides a comprehensive set of capabilities to manage operational risks and related losses to establish risk management discipline across enterprises. It focuses on solving inconsistencies in risk management processes while promoting strong data governance, actionable insights into top risks, advanced risk analytics, compliance related risks and issues mitigation, and risk quantification to measure risk exposure in monetary terms. Additionally, AI-powered issues and actions management ensures consistency as well as time savings. Robust reporting, dashboard and analytics capabilities not only highlight key areas of concern, but also equip risk professionals with insights to take advantage of risk traversals.
About MetricStream, Inc.
MetricStream is the global market leader of integrated risk management and GRC solutions that empower organizations to thrive on risk by accelerating growth via risk-aware decisions. We connect governance, risk management and compliance across the extended enterprise to enable resilience and digital transformation. MetricStream is headquartered in San Jose, California, with an operations and R&D center in Bangalore, India, and sales and operations support around the globe. More information is available at www.metricstream.com, LinkedIn, Facebook, and Twitter.
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