London, UK - July 18th, 2013. With businesses facing increasing pressure from customers, regulators and auditors to demonstrate better compliance, manage operational risk and provide assurance, Acuity has announced a new release of its popular STREAM Integrated Risk Manager software. STREAM V3.0 provides users with a more configurable, scalable and easier-to-use approach to Governance, Risk and Compliance (GRC) and delivers improved visibility and control over business risks.
STREAM increases the efficiency of risk and compliance management processes, allows better targeting of resources and reduces business disruptions, while also providing greater assurance and demonstrating a professional approach to risk management. New functionality in STREAM V3.0 includes an unlimited enterprise tree structure for organising risk registers and reporting views; improved workflow to support planning and control of risk assessment and acceptance activities; multiple risk assessment schemes; a flexible hierarchical asset management capability; and a simplified menu structure based on risks, controls, events and actions.
New V3.0 Content Uploaders for MS-Excel Workbooks connect to the STREAM database and push framework content such as threat lists, control standards, asset classes and related mappings into STREAM; while content from multiple applications such as ISO 27001, ISO 22301 and PCI-DSS can easily be imported into the same database.
Acuity offers a free single-user licence along with a series of single-user and multi-user subscriber editions, which include help desk, free software upgrades with data migration and a Content Builder for easy bulk upload of content. A small business, department or major organisation can buy a fully-scaleable STREAM system to match the size of their enterprise structure. STREAM can be accessed via a web browser, mobile device including iPad, iPhone and Android, or traditional client–server architecture and can be deployed in-house or provided as a hosted SaaS service.
STREAM customers include BP, CSC Computer Sciences, Siemens, The Cooperative Banking Group, Fujitsu Services and the Department for Education. “Risk management is a core competence for any public or private sector organisation. STREAM is designed to support individual risk and compliance applications such as information security, supply chain risk management, health & safety and environmental management, as well as provide a holistic multi-application Enterprise Risk Management (ERM) solution,” said Simon Marvell, Partner at Acuity Risk Management. “Organisations that rely on manual processes and spreadsheets can migrate these time consuming risk and compliance processes into STREAM and also interface with third party solutions to maximise return on investment.”
The free single-user (SU) version of STREAM Integrated Risk Manager V3.0 is available for download from the Acuity website
Acuity Risk Management LLP is based in London and was formed in 2005 to provide integrated Enterprise risk management and compliance software solutions and services. Its popular software solution, STREAM Integrated Risk Manager, has been adopted by major corporations and government agencies for a range of risk and compliance applications, including information security, business continuity, health & safety, environmental and operational risk management. In 2011, Acuity changed its licensing strategy and made a single-user edition of STREAM and other tools available as a free download from its website www.acuityrm.com for business purposes.
Peter Rennison / Allie Andrews
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