Metricstream today announced the release of the next version of its Risk Management solution which will empower organizations to proactively assess, manage and monitor varied organizational risks.
A flexible and agile platform TO BETTER MANAGE RISK AND CORPORATE ETHICS. The objectives of risk management can be described as the culture, processes, and structures that are directed
towards realizing potential opportunities whilst managing an adverse effect. PracticeLeague Risk Management System helps in managing risks and gives insights and actionable to keep those risks to an acceptable minimum.
Regulatory, as well as corporate compliance requirements, demand organizations to conform to a large number of rules, laws, policies, and standards.
Corporater's compliance management software helps you in enhancing your organization's performance by empowering your organization with a unified approach that integrates all your compliance processes and linking it back to the organization strategy.
You get a continuous insight into the status of the compliance and controls, thereby enabling you to improve the compliance and business process quality.
For more information, click here - http://bit.ly/2Prvf9C
An efficient, ITIL compliant, round-the-clock service desk and infrastructure management for a global insurance firm.
When a global insurance and reinsurance provider needed an experienced IT infrastructure management partner, it turned to CSS Corp. Our experience in simplifying IT Operations for complex IT environments with a wide range of technologies made CSS Corp the ideal choice for this engagement.
On average organizations spend $10M+ responding to third-party security breaches each year. Third-Party Risk Management (TPRM) is the process of analyzing and controlling risks presented to your organization by outsourcing to third-party service providers (TPSP). TPSP relationships can introduce strategic, financial, operational, regulatory, and reputational risks.
For example, some TPSPs are involved in the storage, processing, and/or transmission of cardholder data (CHD), while others are involved in securing cardholder data, or securing the cardholder data environment (CDE).
Digital relationships with third-party providers increase opportunities for growth, but they also increase opportunities for cyberattacks — a recent study found that 61% of U.S. companies said they had experienced a data breach caused by one of their third-party providers (up 12% since 2016).
Learn more about:
• TPSP lifecycle,
• The effects of due diligence,
• The five critical control objectives, and
• How to build an effective risk assessment questionnaire.
To learn more, visit: https://bit.ly/3vQ4DjC
A flexible and agile platform TO BETTER MANAGE RISK AND CORPORATE ETHICS. The objectives of risk management can be described as the culture, processes, and structures that are directed
towards realizing potential opportunities whilst managing an adverse effect. PracticeLeague Risk Management System helps in managing risks and gives insights and actionable to keep those risks to an acceptable minimum.
Regulatory, as well as corporate compliance requirements, demand organizations to conform to a large number of rules, laws, policies, and standards.
Corporater's compliance management software helps you in enhancing your organization's performance by empowering your organization with a unified approach that integrates all your compliance processes and linking it back to the organization strategy.
You get a continuous insight into the status of the compliance and controls, thereby enabling you to improve the compliance and business process quality.
For more information, click here - http://bit.ly/2Prvf9C
An efficient, ITIL compliant, round-the-clock service desk and infrastructure management for a global insurance firm.
When a global insurance and reinsurance provider needed an experienced IT infrastructure management partner, it turned to CSS Corp. Our experience in simplifying IT Operations for complex IT environments with a wide range of technologies made CSS Corp the ideal choice for this engagement.
On average organizations spend $10M+ responding to third-party security breaches each year. Third-Party Risk Management (TPRM) is the process of analyzing and controlling risks presented to your organization by outsourcing to third-party service providers (TPSP). TPSP relationships can introduce strategic, financial, operational, regulatory, and reputational risks.
For example, some TPSPs are involved in the storage, processing, and/or transmission of cardholder data (CHD), while others are involved in securing cardholder data, or securing the cardholder data environment (CDE).
Digital relationships with third-party providers increase opportunities for growth, but they also increase opportunities for cyberattacks — a recent study found that 61% of U.S. companies said they had experienced a data breach caused by one of their third-party providers (up 12% since 2016).
Learn more about:
• TPSP lifecycle,
• The effects of due diligence,
• The five critical control objectives, and
• How to build an effective risk assessment questionnaire.
To learn more, visit: https://bit.ly/3vQ4DjC
It is widely accepted that risk is calculated by multiplying the impact of an event by its probability of occurrence. Here, Hernan Huwyler has a look at some alternatives for measuring risk and how they fit into the day-to-day risk management framework. This article is aimed at clarifying common definitions and specific benefits of additional dimensions for measuring risks. It allows customization of risk methodology and registry to accommodate wider stakeholders’ needs.
Risk velocity refers to the time elapsed from the event occurrence until the performance is impacted by a gain or a loss. It assesses how fast the chain of events will actually affect the business, in other words, the speed of onset. For instance, a high-risk velocity is a situation in which the consequences are immediately reflected into the business objectives such as a fire, an earthquake and many other natural hazards.
Risk vulnerability refers to the tendency of assets to be affected by risks. It assesses how well the assets of a company are prepared to react to risks, including the mitigation plans and the crisis management skills. This variable is highly popular in information security, health and disaster risk assessments.
Risk control effectiveness refers to how effectively the underlying processes and assets are controlled by the company. For instance, a robust control and compliance environment helps in the effectiveness of risk management plans. High effectiveness reduces the probability
Risk preparedness refers to how effectively the company reacts once an event occurs, for instance by having implemented contingency plans, cost and schedule reserves or incident management tools. This dimension assesses the capacity to respond to and recover from a risk event. It measures the ex-ante investments in implementing early warnings, emergency and contingency measures and business continuity plans. High preparedness reduces the impact of a risk, particularly for high-velocity risks.
Risk volatility refers to the stability of a risk over time, which makes its measurement difficult. The nature of emerging risks and unfamiliarity with new and undefined risk factors increases volatility. For instance, ever-changing compliance regulations increase the risk of receiving sanctions and litigation. Risks cannot be properly modelled and measured when the volatility in their factors is high to extreme.
Risk programs adapt expeditiously in a more uncertain and volatile world. In this context, enterprise risk management should improve the continuous process to predict how the reputational and financial performance will be impacted by different variables. Risk managers should be pragmatic when deciding what dimensions are cost-effective to support the decision-making process of their companies
This white paper describes how an intelligence-driven governance, risk management, and compliance (GRC) model can create an efficient, collaborative enterprise GRC strategy across IT, Finance, Operations, and Legal areas.
Embedding RCSA into Strategic Planning and Business StrategyAndrew Smart
Embedding RCSA into Strategic Planning and Business Strategy
This presentation was prepared for the New Generation Operational Risk: Risk Culture and Business Conduct Behaviour conference in Helsinki, Finland.
In this presentation, Ascendore CEO, Andrew Smart outlines how to integrate Risk & Control Self Assessment into the Strategic Planning and Business Strategy.
Based on the Risk-Based Performance Management approach, during this presentation an integrated approach to strategy and risk management is outlined, with risk appetite playing a central role.
Cyber fraud and Security - What risks does family office's face intoday's wo...Kannan Subbiah
Presented at the Private Wealth Management Summit 2017 held at Mumbai, India.
Security has to be considered as the foundation on which one can build a business. Gone are the days when we can build a perimeter, sit back and feel secure. In today’s digital environment we partner with others, we outsource, we have alliances, we let our customers into our systems and as we extend our networks.
In the digital economy, effective cyber security can mean the difference between a business’s success and its failure.
VComply’s integrated GRC software suite empowers compliance & risk teams to collaborate digitally, providing 360-degree visibility into an organization's compliance & risk programs.
As the world, organizations and individuals become increasingly more information technology and internet dependent and inter-connected with other organizations and individuals, cybersecurity poses one of the largest threats in the current operating environment. Extending beyond the information technology sphere, information security incidents and data breaches are a daily occurrence in the news and can do major damage to operations. The recent WannaCry ransomware incident hit hospitals in Great Britain, telecom providers in Spain and major companies in China, the United States and several other countries. It locked users out of critical systems, grinding business—and in the case of the hospitals, patient care—to a halt.
Protect Yourself from Cyber Attacks Through Proper Third-Party Risk ManagementDevOps.com
Cyber attacks from nation-state actors and their proxies are on the rise. Many of these attackers seek a broader scale to do more damage than simply defacing a website with embarrassing propaganda or by causing a temporary internet outage with a DDOS attack. These hackers often have significant backing and resources from their nation-state sponsors, officially or unofficially.
Increasingly, they are targeting key infrastructures such as power utilities, financial networks, hospitals, healthcare organizations, and state and local governments. A popular tactic is to come in through vendors or managed service providers where they can leverage one successful hack to access dozens of entities. This makes proper vendor and third-party risk management more important than ever.
In this webinar, “Protect Yourself from Cyber Attacks Through Proper Third-Party Risk Management” we will discuss the threats, methods and attack vectors that hackers are using, with recent examples followed by best practice areas to focus on in order to secure your organization from these types of cyberattacks.
Stronger 2021 Building the Blocks to Quantify Cyber Risks - Prof hernan huwylerHernan Huwyler, MBA CPA
I am honored and humbled to have been given the opportunity to discuss practices to address cyber risks at the 2021 STRONGER conference hosted by CyberSaint Security (Sep 28, online). I will discuss the building blocks to quantify and communicate risks to protect IT assets, processes, and services. Thanks to Ethan Bresnahan for the flawless preparation of the event.
You are welcome to register here https://lnkd.in/eitKYDsX
#cybersecurity #security #datasecurity #infosec #riskmanagement #ciso #stronger2021
An analysis of the value of external studies to risk managers, and how to improve them
Once again during the last part of the year, academic institutions, consultancy firms, think-tanks and insurance companies are publishing studies on top risks. But what is the value of these studies to risk managers? The impact on the media and social networks surely justifies the marketing value for the organisations funding the reports. However, the impact on street-level risk managers is to be discussed.
It is widely accepted that risk is calculated by multiplying the impact of an event by its probability of occurrence. Here, Hernan Huwyler has a look at some alternatives for measuring risk and how they fit into the day-to-day risk management framework. This article is aimed at clarifying common definitions and specific benefits of additional dimensions for measuring risks. It allows customization of risk methodology and registry to accommodate wider stakeholders’ needs.
Risk velocity refers to the time elapsed from the event occurrence until the performance is impacted by a gain or a loss. It assesses how fast the chain of events will actually affect the business, in other words, the speed of onset. For instance, a high-risk velocity is a situation in which the consequences are immediately reflected into the business objectives such as a fire, an earthquake and many other natural hazards.
Risk vulnerability refers to the tendency of assets to be affected by risks. It assesses how well the assets of a company are prepared to react to risks, including the mitigation plans and the crisis management skills. This variable is highly popular in information security, health and disaster risk assessments.
Risk control effectiveness refers to how effectively the underlying processes and assets are controlled by the company. For instance, a robust control and compliance environment helps in the effectiveness of risk management plans. High effectiveness reduces the probability
Risk preparedness refers to how effectively the company reacts once an event occurs, for instance by having implemented contingency plans, cost and schedule reserves or incident management tools. This dimension assesses the capacity to respond to and recover from a risk event. It measures the ex-ante investments in implementing early warnings, emergency and contingency measures and business continuity plans. High preparedness reduces the impact of a risk, particularly for high-velocity risks.
Risk volatility refers to the stability of a risk over time, which makes its measurement difficult. The nature of emerging risks and unfamiliarity with new and undefined risk factors increases volatility. For instance, ever-changing compliance regulations increase the risk of receiving sanctions and litigation. Risks cannot be properly modelled and measured when the volatility in their factors is high to extreme.
Risk programs adapt expeditiously in a more uncertain and volatile world. In this context, enterprise risk management should improve the continuous process to predict how the reputational and financial performance will be impacted by different variables. Risk managers should be pragmatic when deciding what dimensions are cost-effective to support the decision-making process of their companies
This white paper describes how an intelligence-driven governance, risk management, and compliance (GRC) model can create an efficient, collaborative enterprise GRC strategy across IT, Finance, Operations, and Legal areas.
Embedding RCSA into Strategic Planning and Business StrategyAndrew Smart
Embedding RCSA into Strategic Planning and Business Strategy
This presentation was prepared for the New Generation Operational Risk: Risk Culture and Business Conduct Behaviour conference in Helsinki, Finland.
In this presentation, Ascendore CEO, Andrew Smart outlines how to integrate Risk & Control Self Assessment into the Strategic Planning and Business Strategy.
Based on the Risk-Based Performance Management approach, during this presentation an integrated approach to strategy and risk management is outlined, with risk appetite playing a central role.
Cyber fraud and Security - What risks does family office's face intoday's wo...Kannan Subbiah
Presented at the Private Wealth Management Summit 2017 held at Mumbai, India.
Security has to be considered as the foundation on which one can build a business. Gone are the days when we can build a perimeter, sit back and feel secure. In today’s digital environment we partner with others, we outsource, we have alliances, we let our customers into our systems and as we extend our networks.
In the digital economy, effective cyber security can mean the difference between a business’s success and its failure.
VComply’s integrated GRC software suite empowers compliance & risk teams to collaborate digitally, providing 360-degree visibility into an organization's compliance & risk programs.
As the world, organizations and individuals become increasingly more information technology and internet dependent and inter-connected with other organizations and individuals, cybersecurity poses one of the largest threats in the current operating environment. Extending beyond the information technology sphere, information security incidents and data breaches are a daily occurrence in the news and can do major damage to operations. The recent WannaCry ransomware incident hit hospitals in Great Britain, telecom providers in Spain and major companies in China, the United States and several other countries. It locked users out of critical systems, grinding business—and in the case of the hospitals, patient care—to a halt.
Protect Yourself from Cyber Attacks Through Proper Third-Party Risk ManagementDevOps.com
Cyber attacks from nation-state actors and their proxies are on the rise. Many of these attackers seek a broader scale to do more damage than simply defacing a website with embarrassing propaganda or by causing a temporary internet outage with a DDOS attack. These hackers often have significant backing and resources from their nation-state sponsors, officially or unofficially.
Increasingly, they are targeting key infrastructures such as power utilities, financial networks, hospitals, healthcare organizations, and state and local governments. A popular tactic is to come in through vendors or managed service providers where they can leverage one successful hack to access dozens of entities. This makes proper vendor and third-party risk management more important than ever.
In this webinar, “Protect Yourself from Cyber Attacks Through Proper Third-Party Risk Management” we will discuss the threats, methods and attack vectors that hackers are using, with recent examples followed by best practice areas to focus on in order to secure your organization from these types of cyberattacks.
Stronger 2021 Building the Blocks to Quantify Cyber Risks - Prof hernan huwylerHernan Huwyler, MBA CPA
I am honored and humbled to have been given the opportunity to discuss practices to address cyber risks at the 2021 STRONGER conference hosted by CyberSaint Security (Sep 28, online). I will discuss the building blocks to quantify and communicate risks to protect IT assets, processes, and services. Thanks to Ethan Bresnahan for the flawless preparation of the event.
You are welcome to register here https://lnkd.in/eitKYDsX
#cybersecurity #security #datasecurity #infosec #riskmanagement #ciso #stronger2021
An analysis of the value of external studies to risk managers, and how to improve them
Once again during the last part of the year, academic institutions, consultancy firms, think-tanks and insurance companies are publishing studies on top risks. But what is the value of these studies to risk managers? The impact on the media and social networks surely justifies the marketing value for the organisations funding the reports. However, the impact on street-level risk managers is to be discussed.
http://www.abnehmen-ohne-sport-blog.de/
Erfolgreich und schnell abnehmen ohne Sport mit einem einfach umsetzbaren 7-Schritte Plan. Der 7 - Schritte Plan besteht aus folgenden Punkten:
1. Entscheidung treffen
2. Ziele setzen
3. Motivation
4. Stress reduzieren
5. Ausreichend Schlaf
6. Richtiges Trinkverhalten
7. Ernährung
Infographic - Critical Capabilities of a Good Risk Management SolutionCorporater
Organizations seeking a risk management solution may have trouble identifying a collaborative integrated platform that fits their needs. A good Risk Management Solution will scope potential risks and assess its impact on the enterprise goals and objectives. Here are the critical capabilities of a good risk management solution.
To learn more, visit: https://bit.ly/3vQ4DjC
Connected Risk helps you mitigate and manage the risks that matter, and supports several modules – Risk Management, Compliance Management, Audit Management, Regulatory Change Management, Model Risk Management – that can be linked together on the platform. Connected Risk provides the flexibility to consolidate multiple risk processes with internal and external risk data sources, where your organization can aggregate and break down data coming from varying sources, standardize it, structure and tag it - giving all of it a shared taxonomy.
The Six Leading Enterprise Risk Management Trends in 2023360factors
Did you know 5% of professional executives have reported many complications in their company, especially in their operating, data, and technology environment? Find out the reason by reading our newly published blog: https://www.360factors.com/blog/enterprise-risk-management-trends/?utm_source=slideshare.net&utm_medium=referral&utm_campaign=blog
The Impact of Emerging Risks on Enterprise Risk Management360factors
Emerging risks, such as cyber-attacks, natural catastrophes, and regulatory changes, can have severe consequences for financial institutions and their enterprise risk management plans. Such dangers can lead to operational interruptions, the loss of secret information, financial losses, and reputational harm. Financial institutions need to constantly analyze and upgrade their risk management frameworks and invest in the latest technology and procedures to reduce such risks.
To learn more: https://www.360factors.com/enterprise-risk-management-software/?utm_source=slidehshare.net&utm_medium=referral&utm_campaign=product_page
360factors is a cloud based regulatory risk and compliance management Software Company. Our cognitive technologies to provide regulatory insights predict risks and improve operational excellence, sustainability and margins for Banking, Finance, Oil & Gas, EHS, Power and Utilities, IT and many other industries.
MLM Platform for Financial (Services Simplifies Industry's ComplexityEpixel MLM Software
The financial services sector is characterized by intense competition. It has had numerous highs and lows brought on by shifts in the market and the economy. In addition to market saturation, decreased consultant productivity, as well as other internal and external variables, add to the industry's complexity. Selecting the ideal multilevel marketing platform for financial services has aided numerous businesses in navigating the obstacles to success.
The majority of MLM platforms may be tailored to each business's specific needs. To reduce process complexity, however, important and frequently needed needs like commission management, data security, and regulatory compliance are automated. Automation of these procedures not only reduces complexity but also makes it easier for business administrators to oversee the company with fewer mistakes and downtime. To make sure that the company remains compliant with the law and regulations, these platforms are updated frequently with new compliance guidelines.
Financial services can benefit from the incorporation of emerging technologies like blockchain, artificial intelligence, and other fintech advances, which can easily integrate with existing systems and turn them into highly productive ones. This is made possible by MLM platforms. Organizational data security and privacy are always protected using an end-to-end encryption framework. A company that has a well-established security infrastructure also enjoys the trust and satisfaction of its customers.
MetricStream Regulatory Examination Management Solution has been widely adopted by banks and financial services organizations to streamline the entire regulatory examination process.
Powering SOX, NERC, FERC Compliance -Energy Industry MetricStream Inc
Case Study: The MetricStream solutions streamline financial control processes for SOX compliance and enable energy companies to comply with FERC and NERC.
A leading manufacturer of golf equipment selects MetricStream to strengthen supplier quality compliance through real-time monitoring of inspections and process capability.
Governance, Risk and Compliance- Energy Industry MetricStream Inc
Case Study:Large Fortune 500 Energy Organization selects MetricStream's GRC solution to create a proper governance structure and GRC processes across the enterprise.
Case Study: An Independent System Operator (ISO) selects MetricStream NERC Compliance and Issue Management Solution to ensure market participants are complying with the NERC reliability standards.
Case Study - A Fortune 500 & global leader in the production of cereal and convenience foods has chosen MetricStream to automate & streamline their quality audit management.
Case Study - MetricStream’s Audit Planning solution enabled the bank to create a risk-based audit plan with a well-defined objective and scope, in tandem with quality, compliance and risk management processes.
Case Study - MetricStream offers a comprehensive GRC solution that addresses a wide range of health care regulations to reduce the overall cost of compliance management.
Global Bank Brings Compliance Risks under Control MetricStream Inc
Case Study - MetricStream has delivered the Bank a complete end-to-end workflow automation system for the compliance risk management process across its business units, geographic locations and product lines.
GridMate - End to end testing is a critical piece to ensure quality and avoid...ThomasParaiso2
End to end testing is a critical piece to ensure quality and avoid regressions. In this session, we share our journey building an E2E testing pipeline for GridMate components (LWC and Aura) using Cypress, JSForce, FakerJS…
Dr. Sean Tan, Head of Data Science, Changi Airport Group
Discover how Changi Airport Group (CAG) leverages graph technologies and generative AI to revolutionize their search capabilities. This session delves into the unique search needs of CAG’s diverse passengers and customers, showcasing how graph data structures enhance the accuracy and relevance of AI-generated search results, mitigating the risk of “hallucinations” and improving the overall customer journey.
Climate Impact of Software Testing at Nordic Testing DaysKari Kakkonen
My slides at Nordic Testing Days 6.6.2024
Climate impact / sustainability of software testing discussed on the talk. ICT and testing must carry their part of global responsibility to help with the climat warming. We can minimize the carbon footprint but we can also have a carbon handprint, a positive impact on the climate. Quality characteristics can be added with sustainability, and then measured continuously. Test environments can be used less, and in smaller scale and on demand. Test techniques can be used in optimizing or minimizing number of tests. Test automation can be used to speed up testing.
DevOps and Testing slides at DASA ConnectKari Kakkonen
My and Rik Marselis slides at 30.5.2024 DASA Connect conference. We discuss about what is testing, then what is agile testing and finally what is Testing in DevOps. Finally we had lovely workshop with the participants trying to find out different ways to think about quality and testing in different parts of the DevOps infinity loop.
GraphSummit Singapore | The Art of the Possible with Graph - Q2 2024Neo4j
Neha Bajwa, Vice President of Product Marketing, Neo4j
Join us as we explore breakthrough innovations enabled by interconnected data and AI. Discover firsthand how organizations use relationships in data to uncover contextual insights and solve our most pressing challenges – from optimizing supply chains, detecting fraud, and improving customer experiences to accelerating drug discoveries.
Threats to mobile devices are more prevalent and increasing in scope and complexity. Users of mobile devices desire to take full advantage of the features
available on those devices, but many of the features provide convenience and capability but sacrifice security. This best practices guide outlines steps the users can take to better protect personal devices and information.
Essentials of Automations: The Art of Triggers and Actions in FMESafe Software
In this second installment of our Essentials of Automations webinar series, we’ll explore the landscape of triggers and actions, guiding you through the nuances of authoring and adapting workspaces for seamless automations. Gain an understanding of the full spectrum of triggers and actions available in FME, empowering you to enhance your workspaces for efficient automation.
We’ll kick things off by showcasing the most commonly used event-based triggers, introducing you to various automation workflows like manual triggers, schedules, directory watchers, and more. Plus, see how these elements play out in real scenarios.
Whether you’re tweaking your current setup or building from the ground up, this session will arm you with the tools and insights needed to transform your FME usage into a powerhouse of productivity. Join us to discover effective strategies that simplify complex processes, enhancing your productivity and transforming your data management practices with FME. Let’s turn complexity into clarity and make your workspaces work wonders!
In his public lecture, Christian Timmerer provides insights into the fascinating history of video streaming, starting from its humble beginnings before YouTube to the groundbreaking technologies that now dominate platforms like Netflix and ORF ON. Timmerer also presents provocative contributions of his own that have significantly influenced the industry. He concludes by looking at future challenges and invites the audience to join in a discussion.
Generative AI Deep Dive: Advancing from Proof of Concept to ProductionAggregage
Join Maher Hanafi, VP of Engineering at Betterworks, in this new session where he'll share a practical framework to transform Gen AI prototypes into impactful products! He'll delve into the complexities of data collection and management, model selection and optimization, and ensuring security, scalability, and responsible use.
Enchancing adoption of Open Source Libraries. A case study on Albumentations.AIVladimir Iglovikov, Ph.D.
Presented by Vladimir Iglovikov:
- https://www.linkedin.com/in/iglovikov/
- https://x.com/viglovikov
- https://www.instagram.com/ternaus/
This presentation delves into the journey of Albumentations.ai, a highly successful open-source library for data augmentation.
Created out of a necessity for superior performance in Kaggle competitions, Albumentations has grown to become a widely used tool among data scientists and machine learning practitioners.
This case study covers various aspects, including:
People: The contributors and community that have supported Albumentations.
Metrics: The success indicators such as downloads, daily active users, GitHub stars, and financial contributions.
Challenges: The hurdles in monetizing open-source projects and measuring user engagement.
Development Practices: Best practices for creating, maintaining, and scaling open-source libraries, including code hygiene, CI/CD, and fast iteration.
Community Building: Strategies for making adoption easy, iterating quickly, and fostering a vibrant, engaged community.
Marketing: Both online and offline marketing tactics, focusing on real, impactful interactions and collaborations.
Mental Health: Maintaining balance and not feeling pressured by user demands.
Key insights include the importance of automation, making the adoption process seamless, and leveraging offline interactions for marketing. The presentation also emphasizes the need for continuous small improvements and building a friendly, inclusive community that contributes to the project's growth.
Vladimir Iglovikov brings his extensive experience as a Kaggle Grandmaster, ex-Staff ML Engineer at Lyft, sharing valuable lessons and practical advice for anyone looking to enhance the adoption of their open-source projects.
Explore more about Albumentations and join the community at:
GitHub: https://github.com/albumentations-team/albumentations
Website: https://albumentations.ai/
LinkedIn: https://www.linkedin.com/company/100504475
Twitter: https://x.com/albumentations
Unlocking Productivity: Leveraging the Potential of Copilot in Microsoft 365, a presentation by Christoforos Vlachos, Senior Solutions Manager – Modern Workplace, Uni Systems
1. MetricStream Press Release
MetricStream Announces the Latest Release of its Next Generation Risk
Management Solution
The highly flexible and intuitive new version will facilitate proactive risk management by providing real-time risk intelli-
gence, harmonizing risk-control content, and streamlining complex risk processes
September 07, 2011 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk
and Compliance (GRC) solutions, today announced the release of the next version of its Risk Management solution
which will empower organizations to proactively assess, manage and monitor varied organizational risks, includ-
ing operational, financial, IT, security, regulatory, supply chain, reputation and enterprise risks. The solution provides
in-depth and real-time insights into changing business conditions, increases collaboration across business units and
functions, and fosters a high level of transparency into enterprise-wide risks.
Today’s business landscape is fraught with risks stemming from market volatility, rapid globalization, technology
proliferation and complex business operations. New risks are constantly emerging and becoming more intercon-
nected. Therefore, reactive risk management is no longer relevant or effective. Instead, forward-thinking organizations
are adopting a more proactive approach, and integrating a broader spectrum of risk management processes to drive
growth and performance.
“The new release of the MetricStream Risk Management Solution will enable organizations to embed proactive risk
management into their business processes and day-to-day activities,” says Vasant Balasubramanian, VP of Product
Management at MetricStream. “Built on the MetricStream GRC Platform’s highly flexible GRC data model, the solution
provides a fully integrated framework that meets end-to-end risk management requirements, and enables organiza-
tions to achieve their organizational goals while efficiently balancing risk and reward.”
With the MetricStream Next Generation Risk Management Solution, customers will be able to:
Streamline complex risk management processes: The MetricStream solution provides a single information model for
managing the complete spectrum of risk management processes, and enhancing cross-functional coordination and
collaboration. Through a systematic approach and a powerful federated framework, the solution enables customers to
identify, assess and evaluate risks and controls, track risk metrics, perform scenario analyses, and monitor issues and
losses. The solution also provides support for multi-dimensional risk assessments, allowing different groups to assess
the same risks independently while collaborating on response strategies.
Gain real-time risk intelligence, and drive performance: The new version is equipped with powerful context driven
analytics, dashboards, drill-down reports, charts and risks heat maps to track risk metrics. Key Risk Indicators (KRIs) and
Key Performance Indicators (KPIs) are closely monitored and compared against expected values and thresholds. Dash-
boards depicting breach threshold metrics, loss/gain trends and top losses provide quick and real-time insights into
critical vulnerabilities and exposures that could result in financial losses. The solution links risk management with per-
formance, providing the business intelligence and risk analytics to optimize investment decisions, resource allocation,
project scheduling and business planning. The solution also interfaces with external transactional systems, business
applications and loss data sources, enabling MetricStream customers to proactively identify risks and risk patterns, and
mitigate them before significant losses occur.
2. MetricStream Press Release
Harmonize risk-control content across the organization: The latest MetricStream Risk Management Solution pro-
vides a centralized library to harmonize all risk related content, including processes, risk taxonomies, risk factors,
controls, assessments, tests and survey templates, predefined KRIs and KPIs. This helps ensure a more efficient and
consistent approach to risk management across the firm. The solution is also packaged with best practices, as well as
industry standards and frameworks such as COSO, ISO 31000 and ISO 27001.
Enable simplicity and flexibility: The new release provides highly intuitive interfaces and improved navigation
standards to enhance user experience. It also provides easy access to contextual information, and enables the highly
intuitive visualization of relationships between risks, processes, controls, regulations, assets, and policies. Its adaptive
and flexible data model makes it easier for businesses to configure complex risk processes such as monitoring emerg-
ing risks, designing new risk models or assessing risk profiles.
With the MetricStream solution, customers can rapidly transition from disjointed risk management processes to an
integrated and holistic framework. The solution fosters a risk-focused culture by establishing a top-down and bottom-
up approach to risk identification, enhancing collaboration, and empowering business managers to take responsibility
for risk management. Such an approach integrates risk management into decision-making, drives a culture of business
ownership, and helps ensure compliance with industry and company standards.
About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management So-
lutions for global corporations. MetricStream solutions are used by leading corporations such as NASDAQ, UBS, Pfizer,
Philips, SanDisk, Subway, Fairchild Semiconductor, Constellation Energy and Cummins in diverse industries such as
Financial Services, Banks, Healthcare, Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing
and Energy to manage their quality processes, regulatory and industry-mandated compliance and corporate gover-
nance initiatives, as well as by over a million compliance professionals worldwide via the www.ComplianceOnline.com
portal. MetricStream is headquartered in Palo Alto, California and can be reached at www.metricstream.com.
Media contact:
pr@metricstream.com
Phone: 650-620-2900
Fax: 650-632-1953
Website: www.metricstream.com
Email: info@metricstream.com