The Meteorite Enterprise Risk Management Application enables you to identify, assess, quantify, manage, and monitor enterprise risks in a highly streamlined, automated, and integrated manner. The ERM Application scales across the enterprise, capturing risk and control data, as well as risk assessment findings, losses, issues, KRIs, and remediation plans in a single, centralized system. With the Application, you gain a 360-degree, real-time view of your enterprise risks connected with strategic objectives to enhance decision-making.
Captures risk data, including risk description, impact, rating, mitigation plans, and emerging issues; maps this data to the associated processes, assets, and entities for comprehensive risk transparency
Helps assess inherent and residual risk based on impact and likelihood; supports multi-dimensional risk assessments, including top-down and bottom-up approaches; provides configurable risk computation methodologies and algorithms
Helps define controls through frameworks such as COSO; supports control assessments based on predefined criteria and checklists; provides a mechanism to score, tabulate, and report results
Routes risk issues through a systematic process of investigation and remediation; keeps the process on track with automated alerts
Provides dashboards, analytics, heat maps, and reports with drill-down capabilities that deliver in-depth and real-time data on ERM across the enterprise
