Holistic ERM: Meet PlatoBI DataShare for Mitratech Enterprise Risk Management
Users can now connect risk data with other business intelligence tools for a holistic view of enterprise risk — see how.
We try not to talk about new products or features too much on our blog, but some warrant a conversation (like PlatoBI DataShare for the Mitratech Alyne GRC Platform!) In essence, users can now share their enterprise risk management data from the Mitratech GRC platform directly into Mitratech’s PlatoBI embedded analytics tool, where they can report on data, consolidate it with other products from across the Mitratech suite, and connect their own Business Intelligence tools, such as Tableau and PowerBI.
Let’s take a closer look.
First, A Reminder: What is Mitratech PlatoBI?
Mitratech’s PlatoBI is a powerful data and analytics platform that enables inter- and cross-product analysis and collaboration via one centralized data warehouse, helping you break down information silos and leverage the full spectrum of analytics and data available to you. PlatoBI will span the entirety of Mitratech’s diverse product offerings, enabling insights across the entire solutions portfolio while supporting a cohesive and integrated analytics approach across corporate legal, claims, risk, HR, and compliance.
To deliver PlatoBI, Mitratech has partnered with Snowflake, the Data Cloud company, and advanced business intelligence platform, QuickSight by Amazon Web Services. The result is an uncompromisingly secure data warehouse that drives next level analytics, machine learning, AI, and visualization capabilities.
So, What’s New with PlatoBI DataShare in the Mitratech Enterprise Risk Management Platform?
With PlatoBI DataShare, customers will be able to establish a direct connection with their risk data in Mitratech’s Enterprise Risk Management Platform for querying, dashboarding, or merging with other internal proprietary data.
The connection of risk data from across multiple products, platforms, and reporting systems into one data warehouse that shares the same reporting language breaks down information silos and provides a holistic view of risk from across the entire organization. With unparalleled security features, PlatoBI provides customers with highly available, highly secure data movement between a customer and Mitratech, ensuring all data and insights remain up-to-date and accurate.
In essences, this exciting new capability allows users to:
- Connect risk data from across multiple products, platforms, and reporting systems into one data warehouse
- Ensure risk data shares the same reporting language
- Break down information silos and provide a holistic view of risk from across the entire organization
Fighting New-Age Risks Requires a Cutting-Edge GRC Platform and Holistic Enterprise Risk Management
You’ll need to move beyond data analytics and empower your team with the tools for transformative business growth and adaptability if you want to keep up with today’s unpredictable market.
Makes sure your enterprise risk management and compliance solutions offer:
- Real-Time Access, No Duplication: Eliminate unnecessary duplication and bypass downstream (ETL) processes when you connect your analytics, streamlining data access for immediate insights. Say goodbye to the outdated, file-centric approach and embrace a streamlined, immediate, and efficient data access paradigm.
- Deeper Data Insights: Gain deeper insights into your data, fostering a comprehensive understanding of key metrics and trends. By facilitating a seamless data-sharing experience, your team will feel empowered to unlock the full potential of their data by enabling data when and where they need it.
- Security and Compliance: Clients can trust in a solution that prioritizes the safeguarding of their data, offering both robust security and unparalleled compliance assurance. PlatoBI DataShare places security and compliance at the forefront. Employing a zero-copy data strategy, it ensures that sensitive information is accessed directly, minimizing vulnerabilities associated with unnecessary data duplications. This approach not only fortifies data against potential threats but also aligns seamlessly with stringent compliance requirements.
- Effortless Integration at Scale: Our data sharing initiative not only empowers immediate analytics but also scales seamlessly to accommodate the dynamic data generation within Mitratech’s products. As your organization generates and interacts with data, our solution facilitates the effortless integration of this valuable information back into your systems.
Whether it’s extracting insights, sharing datasets across teams, or scaling data-sharing initiatives to encompass diverse product functionalities, our framework ensures that the data seamlessly flows back into your systems. This adaptability and scalability make Mitratech’s data sharing feature a powerful enabler for organizations aiming to integrate and leverage their generated data efficiently and at scale.
Mitratech’s Alyne
Learn more about Alyne and how it can ease your process by requesting a demo today.
