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What is STREAM Risk Assurance Management Software?
STREAM is a comprehensive, highly configurable yet simple to use risk assurance software product which automates the complex processes involved in managing compliance with standards and delivering effective risk management. STREAM is a multi-concurrent user, role based risk assurance software tool, with a central database, used in real-time by risk managers, risk analysts, business stakeholders, control owners, and internal auditors.
STREAM applications are built on the STREAM Integrated Assurance Management platform. This platform is a robust, scalable SQL Server 2005/2008 architecture, which is easily configurable to support a wide range of risk and compliance applications, such as ISO 27001, BS 25999, BS 25777, PCI, COBIT, and Security Policy Framework (SPF).
STREAM is also available as a single user tool for smaller organisations and consultants.
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STREAM provides valuable and meaningful information for senior managers, on the status of compliance across the business with key control standards, and on the level of residual risk measured in relation to defined business appetites. It genuinely integrates compliance with risk management in a business context. It achieves this through an innovative yet simple and logical approach that is easily understood and explained.
The STREAM user interface is based around clear and simple, hierarchical dashboards which reflect the structure of the business.
The meaningful dashboards are supplemented by a set of graphical barometers and gauges, which provide clear visibility of the essential compliance and residual risk summary data.
STREAM delivers all of the requirements of ISO 27001 and BS 25999, and greatly simplifies the maintenance and demonstration of compliance with these and other Management System and risk based standards. Additional controls, and indeed entire standards, can be quickly and easily added into STREAM by a privileged user.
STREAM provides the entire ISMS framework for ISO 27001, including asset identification and business modelling, risk and compliance assessment and residual risk measurement against appetite, risk treatment and improvement planning, trending and security Return on Investment calculation. STREAM covers every part of the Plan Do Check Act international management system model. As a result, STREAM is ideal for organisations seeking to maintain an electronic ISMS, without necessitating extensive paperwork.
The STREAM platform is effective for a wide range of operational risk management / governance applications including Information Security, Business Continuity, Environmental, Health & Safety, Regulatory Compliance, Corporate Risk, Project and Programme, Quality and Process Management.
STREAM is ideal for establishing and maintaining in an efficient manner an Integrated Management System (IMS) to address multiple, related control standards.
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