News & Views
Mitigating compliance risks
Regulatory Change remains one of the top compliance challenges. The growing expectations of a changing workforce has compelled organizations today to adapt, to create a culture of risk-aware decision making, inclusion and compliance to succeed in an environment where risk is permeating through all levels of the organization.
“It’s a world of instant information. Our customers need real-time contextual content, on the go, to pivot and quickly adapt to the volume and velocity of risks, while building resilience and strengthening performance,” says Andreas Diggelmann, CTO at MetricStream (www.metricstream.com) as the company announces enhanced Intelligent Content Libraries in the release of the latest version of its M7 Integrated Risk Platform.
MetricStream’s Intelligent Content Libraries enable customers to adopt simple, agile, and intelligent approaches to proactively address the changing workforce, embedding regulatory changes, and instilling a culture of compliance.
“The Intelligent Content Libraries combined with our Integrated Risk Platform, empower all stakeholders including the frontline to participate in a risk-aware and compliant decision-making culture,” continues Diggelmann.
“They can serve up the latest regulatory updates, sanction lists, cybersecurity ratings, politically exposed persons, adverse media, watch lists, credit checks, security ratings, and Country Corruption Index. Access to risk intelligence alerts from these external content providers enhances visibility and enables organizations to take better risk-aware business decisions.”
As the world adapts to the New Normal with the changing workforce, most organizations have accelerated their digital transformation of governance, risk, and compliance functions. The MetricStream’s M7 Integrated Risk Platform unites data from across organizations and from the intelligent content ecosystem, removes information silos, accelerates the efficiency of risk, compliance, and cyber-risk programs, and serves as a single source of truth for real-time, risk-aware decision making.