Technology Industry
Accelerate Growth and Innovation by Managing Enterprise Risk, Cyber Risk, and Compliance
Technology Industry
Measure Your Program Outcomes
- 90%
reduction in the time taken to manage compliance activities
- 50%
savings in time and costs for third-party assessments and risk identification
- 67%
improvement in risk reporting visibility and efficiency for the executive management and board
Successfully Reduce Risk, Compliance, and Cybersecurity Challenges
The technology industry faces a rapidly shifting risk landscape accelerated by increasing industry standards, new regulatory requirements, and changing customer expectations. As customer experience become the key differentiator, the technology industry further needs to boost its speed-to-market and operational efficiencies. To continue the pace of innovation and growth, companies need a streamlined and efficient approach to manage and mitigate risks, compliance issues, and ensure operational resilience. MetricStream Governance, Risk Management, and Compliance enables organizations in the technology industry to hyper automate and connect enterprise risk, compliance, audit, cyber risk, and third-party programs giving them a strategic competitive advantage.
How MetricStream Software Solutions Help You
Strengthen Cyber Risk and Compliance
Adopt a risk-based approach to cybersecurity. Implement a unified real-time view of the risk and compliance posture with connected risk, audit, and compliance programs and capabilities. Quickly prioritize investments and action plans to reduce risk exposure, align with strategic goals and business objectives, and improve resiliency. Embed best practices, frameworks, and content including ISO 27001, NIST CSF, and NIST SP800-53 for rapid implementation, minimized potential risks, and strengthened cyber resilience.
Increase Visibility into IT Vendor Risk
Effectively manage the risk associated with your vendor ecosystem and ensure they comply with industry standards and regulatory requirements to empower your organizations to innovate faster, decrease costs, and increase agility. Automate end-to-end vendor risk management processes including information gathering, onboarding, real-time monitoring, risk, compliance, and control assessments, and risk mitigation. Take advantage of automated tracking and controls to optimize internal resources, mitigate risks, and ensure that compliance is maintained.
Effectively Manage Regulatory Compliance
Ensure your organization remains compliant with various data privacy, regulatory and industry standard requirements across geographies. Effectively centralize compliance programs, constantly track changes, adapt internal process to ensure compliance and manage and mitigate risk. Gain an integrated approach to regulatory compliance for the technology industry ensuring that your organization can stay on top of changing regulatory obligations, implement necessary controls and policies, and perform compliance assessments to sustain compliance.
Implement Efficient Integrated Risk Management
Effectively manage and mitigate the wide range of risks faced by technology companies. Shift from working in siloes, the using excel sheets, and other point solutions that will not provide the required scalability. Connect all risks across the enterprise by unifying risk management activities across business functions. Make risk-informed decisions to ensure that there is effective management of current and emerging enterprise risks, including strategic, third-party, cyber, product, and compliance risks.
How MetricStream Benefits Your Business
- Enable unified visibility into IT and cyber risks and compliance issues and prioritize action plans and investments to mitigate risk and ensure compliance in the technology industry
- Demonstrate risk and compliance maturity, pass audits by adopting an integrated approach to risk, resilience, and compliance
- Accelerate risk-based decision-making and governance across the entire enterprise with accurate and timely insights
- Proactively manage vendor risks for the technology industry by automating onboarding, due diligence, continuous monitoring, and more
