GRC - Vivid Edge

Business GRC

Vivid Edge helps implement MetricStream BusinessGRC and enables a connected, intuitive, and holistic approach to risk, compliance, audit, and third-party management. The capabilities in these products help you cut across organizational silos and facilitate collaboration and harmonization across teams, business units, and functions. With a consistent and uniform approach and common GRC taxonomies, the products allow users to effectively roll up risk, compliance, audit, and third-party vendor data from across the enterprise into actionable business intelligence. With support for mobility, AI-powered capabilities, advanced risk analytics, and curated regulatory notifications, BusinessGRC is designed to meet the GRC needs of today’s dynamic, global enterprises and their extended ecosystem.

Key Benefits:

Gain integrated, contextual, and predictive insights on risk and compliance to make better, faster decisions
Reduce redundancies in data and duplication of effort through streamlined, automated processes
Empower the entire organization to collaborate effectively to identify, assess, and mitigate risks
Provide an all-encompassing foundation for good governance across the enterprise and third-party ecosystem

Cyber GRC

Vivid Edge helps organizations actively manage cyber risk through an IT and Cyber Risk and Compliance Framework that aligns with established security standards so you can pass IT audits more efficiently and get buy-in from top management. This is achieved by comprehensive implementation of MetricStream CyberGRC . Gain comprehensive visibility into the overall IT risk posture and cybersecurity investment priorities. Get your IT and Cyber Risk Compliance program up and running quickly with pre-packaged content and industry frameworks such as ISO 27001, NIST CSF, and NIST SP800-53, and map policies to IT controls and policy exceptions. Leverage best practices, insightful reporting, and risk quantification.

Key Benefits:

Build confidence with executive management, the board, and regulators by demonstrating a robust, enterprise-level approach to IT and cyber risk and compliance management
Gain real-time visibility into cyber risks, including IT vendor risks, and threat exposure as well as mitigation measures through risk quantification and contextual risk information across processes and assets
Improve efficiency by correlating vulnerabilities with IT assets and prioritizing remediation efforts based on the areas of highest criticality
Quantify cyber risk in business and monetary terms, enabling proactive communication and management of risk exposure

ESGRC

Leverage MetricStream’s ESGRC software to enable a simplified and streamlined approach towards meeting all organizational requirements relating to Environmental, Social, Governance, Risk and Compliance (ESGRC). Vivid Edge understands the necessary needs of your organization and implements ESGRC to seamlessly integrate with your business processes. Built on the industry-leading MetricStream Platform, the software enables organizations to define and manage ESG standards, frameworks, and disclosure requirements, link standards to organizational entities, key metrics, automate the collection and aggregation of data, and report through real-time analytics and dashboards. The software’s centralized risk repository enables organizations to manage ESG-related risks, perform various assessments across business units and suppliers. Any identified ESG issues can be tracked and remediations can be implemented in an automated manner. AI-powered engines help classify and recommend remedial actions.

Key Benefits:

Drive sustainable growth by ensuring environmentally and socially responsible products/services and better governance practices
Gain better access to investors and investments and align capital allocation based on ESG practices
Increase the confidence and trust of stakeholders including public investors, customers, etc., with a healthy ESG rating
Ensure preparedness for impending ESG regulations and reporting standards

VividXpress^® METHODOLOGY

Our Consultants understand that committing to a complete GRC implementation can be a critical decision fraught with some anxiety. That’s why our VividXpress methodology allows you fast track your implementation of integrated GRC, but uses a phased approach. We work with you to get simpler things done first and as you progress to become a Mature User; we work with you on the advance options.

Phased implementations drive time-to-value in the fastest manner and then continues to develop the overall GRC journey as additional functionality and Apps are added.

Provides an evolutionary multi-phased approach which enables rapid ramp-up and emphasizes continuous imrovement

Reduces implementation risks by utilizing the packaged deployment as the first wave to ensure a quick, straightforward move to production

Leverages the extensive delivery expertise of MetricStrem along with the Client to capitalize on the existing power, capability, and flexibility of our world-class technology platform

Our team of Consultants guide and support you with change management, governance and support to set you and your teams on a path of continuous journey towards GRC improvement.

Phased delivery provides clients the ability to gain optimum value from the pre-packaged functionality as well as create unique market-differentiating capabilities