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Member Article

Supporting organisations in managing risk during pandemic

In an immediate response to the ongoing coronavirus crisis, MetricStream recently announced the launch of its COVID-19 Solution designed to support organisations in managing the pandemic. With the new solution, organisations will have the ability to manage information, processes and responses and take decisions that impact employees, business leaders, customers, vendors and partners.

Leaders and management teams across the organisation need to be informed about new COVID-19 related risks in terms of geographies, employees, customers, suppliers, business lines, high value processes, policies and technology assets. As the organisation focuses on hot spots, leaders can make decisions on high priority remediations and be able to pivot rapidly – all while working virtually in a new digital, cloud-based ecosystem. The solution presents a framework that provides assurance to all stakeholder groups to ensure the organisation remains aligned and coordinated throughout the crisis.

“Never before has a global crisis highlighted so much the interconnectedness of today’s business environment – the need to stay ahead of changes as they unfold, the ability to rapidly adapt and the capacity to execute swiftly,” says Andreas Diggelmann, CEO and CTO, MetricStream. “COVID-19 containment programs require decisive intervention to flatten the curve, and keep front-line employees safe while continuing to serve customers, and align with vendors, suppliers and third parties.”

The solution features scorecards with near real-time data to aid agile decision-making. Alerts and feeds from the World Health Organization, CDC and other sources overlay near real-time data with the organisation’s risk profile. There’s secure cloud-based access anywhere, anytime and a further layer of role-based, secure access – by organisation, role, and function.

The technology can be rapidly deployed in a secure cloud environment that makes it easy for employees, partners and vendors to share the right information needed to manage COVID-19 programs effectively today, tomorrow and into the future.

This was posted in Bdaily's Members' News section by S White .

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