IDW PS 340 n.F. Solution
MANAGE RISKS EARLY AND ENSURE COMPLIANCE WITH GERMANY’S NEW REGULATION
IDW PS 340 n.F. Solution
The MetricStream IDW PS 340 n.F. solution allows organizations to achieve compliance with the revised German standard in a seamless and streamlined manner while being resilient to future crisis. Built on the MetricStream Platform, the solution enables a structured and systematic approach towards managing organizational risks that pose threat to your organization’s existence. Multi-dimensional risk assessments and aggregation based on several qualitative and quantitative parameters can be performed to establish the organization’s risk profile. In addition, the solution provides real-time insights into risk management programs through powerful analytics, advanced heat maps, reports, dashboards, and charts, enabling organizations to make risk-informed decisions that optimize business performance.
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Key Capabilities
Risk Identification and Risk Universe
Risk and Control Assessments
Risk Aggregation and Quantification
Risk Communication
Measurable Outcomes
Instill a risk-aware culture, make informed decisions, improve business performance with comprehensive visibility into risk exposure and relationships across business functions.
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67% improvement in risk reporting visibility and efficiency for the executive management and board
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85% reduction in controls and associated costs
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80% improvement in risk and control framework related operational efficiency
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93% reduction in issue resolution time
Gartner Magic Quadrant
MetricStream Recognized as a Leader in the 2020 Gartner Magic Quadrant for IT Risk Management
PRESS RELEASE
MetricStream Raises Bar for Compliance, Cyber Security and Risk Management with Brazos Software Release
The MetricStream IDW PS 340 n.F. solution allows organizations to achieve compliance with the revised German standard in a seamless and streamlined manner while being resilient to future crisis. Built on the MetricStream Platform, the solution enables a structured and systematic approach towards managing organizational risks that pose threat to your organization’s existence. Multi-dimensional risk assessments and aggregation based on several qualitative and quantitative parameters can be performed to establish the organization’s risk profile. In addition, the solution provides real-time insights into risk management programs through powerful analytics, advanced heat maps, reports, dashboards, and charts, enabling organizations to make risk-informed decisions that optimize business performance.