MetricStream AiSPIRE
Remove Redundant Controls, Reduce Controls Tests and Costs by Leveraging the Power of AI
MetricStream AiSPIRE
Measure Your Program Outcomes
- 20% - 50%
reduction in controls, tests, and overall cost
Harmonize Risks & Controls, Prioritize Assessments & Control Tests
MetricStream AiSPIRE offers advanced artificial intelligence (AI) and analytics capabilities to help organizations identify and harmonize risk and control libraries, identify missing relationships/mapping between controls, relevant risks, and processes, and proactively identify issue trends, emerging risks, and control failures. It also provides intelligent and dynamic control testing recommendations that help organizations to quickly prioritize control testing plans, identify redundant control tests, and scale down testing frequencies thereby significantly reducing operating costs without impacting risk preparedness. Being platform agnostic, it can be integrated across multiple GRC platforms and solutions, spanning enterprise/operational risk management, regulatory compliance, IT and cyber risk and compliance management, and more.
How AiSPIRE Helps You
Intelligent Control Insights, Continuous Control Sensing, Control Test Prioritization
Leverage AI capabilities to quickly identify business units and processes with missing controls and less control coverage, control testing discrepancies, and a complete list of duplicates, similar, and orphan controls. Improve control test planning and identify and remediate patterns of over and under-testing of controls. Enhance the processes for scheduling control tests and conducting assessments based on clusters of issues, control test coverage, historical control test results, and organizational risk profile.
Improved Risk Management with Better Risk & Control Mapping, Assessments
Improve risk management with better visibility into risk and control relationships, emerging enterprise and operational risks, and related trends. Quickly identify areas where you can optimize the processes, identify missing controls, and minimize potential risks. Analyze signals from risk events, frontline observations, losses, etc. to ensure a comprehensive risk management approach with no blind spots. Gain recommendations for scoping of your risk assessment plans and risk treatment.
Proactive Issue and Remediation Management
Keep potential control violations and risks in check by leveraging pre-built analytics to quickly analyze and understand similar issues and control failures. Streamline the issue management process by identifying groups of issues, categorizing them to prioritize rectification, and identifying categories of issues that can be remediated with the same action plans. Review and accept automatically generated action plan recommendations for specific, group, or categories of issues, reducing or removing duplicate issues, and mapping risks and controls to issues and observations.
No More Reports – Get your Answers by Asking Questions
Generate insights on the fly by using a machine learning-based prompt intelligence that allows you to gather required information by asking simple questions. Easily perform detailed analysis, take actions, and generate visual charts on the go. Analyze complex GRC relationships and discrepancies with ease using powerful visualization tools and reports.
How AiSPIRE Benefits Your Business
- Improve GRC program maturity with accurate data relationships, optimized processes, and reduced redundancies
- Drive efficiency and reduce costs by removing duplicate controls, reducing tests, improving control test planning
- Spot under-testing and over-testing of controls and automatically suggest tests
- Keep potential control violations and risks in check by proactively managing emerging issues
