CoreStream GRC for Enterprise Risk Management
We invited renowned GRC analyst and expert Michael Rasmussen, who coined the term Governance, Risk, and Compliance (GRC), to conduct an impartial review of our Enterprise Risk Management (ERM) solution.
To ensure a comprehensive and unbiased evaluation, Michael spoke directly with several of our enterprise risk users to gather their insights and experiences. He also explored the platform himself to assess its capabilities firsthand.
Based on this research, Michael developed a detailed solution perspective, which you can download here.
Enjoy a short preview here:
Enabling Enterprise Risk Management amid uncertainty in business
CoreStream GRC is a solution that GRC 20/20 has researched, evaluated, and reviewed with organizations using it to modernize enterprise risk management (ERM) in distributed, dynamic, and disrupted business environments across industries and geographies. It is an agile, next-generation GRC platform that supports a wide range of enterprise,
operational, and compliance risk processes.
CoreStream GRC delivers a no-code solution with a modern information architecture, intuitive interface, and high configurability, making it a powerful business management platform designed to embed governance, risk management, and compliance into everyday decision-making.
CoreStream GRC provides organizations with out-of-the-box ERM capabilities — risks, controls, actions, incidents, and indicators — alongside the ability to tailor and expand the solution to reflect unique frameworks, methodologies, and business models. GRC 20/20’s evaluation finds that CoreStream GRC delivers a flexible, intuitive, and engaging ERM experience that transforms risk from a static exercise into a dynamic, intelligence driven discipline. It enables organizations to collect, organize, link, report, and analyze enterprise risk data with greater control, collaboration, and accountability across the three lines of defense.
Prior to adopting CoreStream GRC, organizations typically relied on fragmented, manual risk management approaches driven by spreadsheets, documents, emails, and disconnected systems. These methods were time-consuming, error-prone, and difficult to scale—especially when aggregating and reporting risk data across global operations or multiple business units. Some organizations had experimented with larger, traditional GRC platforms but found them overly complex, costly, and rigid, with customizations breaking during upgrades. Clients emphasized frustration with inefficiency, outdated information, and lack of visibility prior to adopting CoreStream GRC.
GRC 20/20’s evaluation, research, and interactions with CoreStream GRC clients have determined the following:
Before CoreStream GRC. Clients typically arrive from fragmented, manual ERM ecosystems encumbered with spreadsheets, documents, emails, and legacy tools that are hard to scale and harder to trust. Annual risk registers compiled for the year‑end report left leaders with stale insight and limited ability to drill into cause, trend, or ownership. Some had trialed heavyweight suites only to encounter cost, rigidity, and brittle customizations that complicated upgrades. The shared experience was inefficiency, missed signals, and a lack of consolidated visibility.
Why CoreStream GRC. Organizations choose CoreStream GRC for its agility,
configurability, and ease of use, providing a single, integrated environment
for managing the full enterprise risk lifecycle. Clients consistently value the
platform’s flexibility to align with their frameworks, its adaptability to regulatory and governance requirements, and its ability to support both enterprise-wide and project-level risk programs in parallel. The decision is often reinforced by CoreStream GRC’s lower total cost of ownership compared to larger competitors and by its strong reputation for responsiveness, partnership, and customer focus. Clients describe CoreStream GRC as an energetic, collaborative vendor that
listens, adapts, and continually evolves its roadmap in line with user needs.
How CoreStream GRC is used. CoreStream GRC is deployed as the foundation for enterprise and operational risk management. It enables risk identification, assessment, and treatment to be seamlessly linked to controls, incidents, and performance indicators. Leadership teams use CoreStream GRC dashboards to access real-time global, regional, and business unit views of top risks and mitigation actions. In some organizations, CoreStream GRC has replaced legacy databases and tools, unifying enterprise and project risk in a single platform. The no-code environment allows rapid adaptation, from implementing new workflows for declarations and maturity assessments to integrating risk data into external analytics and quantification engines.
Where CoreStream GRC has excelled. Clients consistently highlight CoreStream GRC’s flexibility, user-friendliness, and speed of delivery. Its ability to integrate enterprise and project risk, automate reporting, and improve visibility has helped organizations shift risk from a compliance-driven process to a living management discipline. Users praise CoreStream GRC’s configurable dashboards that facilitate board-level discussions and provide a consolidated, real-time risk view across global operations. The platform’s simplicity promotes broad engagement, driving consistency in how risks are identified, assessed, and acted upon. Clients particularly emphasize CoreStream GRC’s strong implementation support, responsive service culture, and willingness to collaborate on new features. While acknowledging its smaller scale compared to major enterprise vendors, clients view its focused expertise, innovation roadmap, and practical delivery as key advantages in meeting complex ERM requirements.
Want to read more? Download the report here.
Check out the clients references section here.
CoreStream GRC was also recognized by Michael Rasmussen in 2025, for the Innovator Award for Enterprise GRC architecture, learn more here.
FAQ
CoreStream GRC is a next-generation, no-code platform that integrates governance, risk, and compliance into everyday business decision-making. It helps organizations identify, assess, and manage enterprise, operational, and compliance risks in one intuitive, configurable environment. With built-in modules for risks, controls, actions, incidents, and indicators, it transforms risk from a static reporting task into a living, intelligence-driven process.
Before implementing CoreStream GRC, many organizations relied on fragmented, manual processes using spreadsheets, emails, and disconnected tools. These methods were hard to scale, prone to error, and offered limited visibility across regions or departments. Larger GRC suites often introduced new problems; rigid design, high costs, and complex upgrades. CoreStream GRC clients describe their pre-implementation environment as inefficient and outdated, with slow reporting and missed risk signals.
Clients choose CoreStream GRC for its agility, configurability, and user-friendly interface. The platform adapts easily to unique frameworks, governance requirements, and regional regulations. Organizations also cite its lower total cost of ownership compared to larger vendors, faster deployment, and strong customer partnership. CoreStream GRC’s culture of responsiveness and collaboration stands out as a key factor in long-term client satisfaction.
CoreStream GRC is implemented as a unified foundation for enterprise and operational risk. Leadership teams use real-time dashboards for global and business unit views of top risks, controls, and mitigation actions. The platform’s no-code flexibility allows quick configuration of new workflows, such as declarations, maturity assessments, or external analytics integrations, without waiting on development cycles. Many organizations replace multiple legacy systems with CoreStream GRC to consolidate and automate their risk management.
According to research by GRC 20/20, CoreStream GRC delivers exceptional flexibility, speed, and ease of use. Clients highlight its implementation support, automation of reporting, and the ability to bring board-level visibility to enterprise risks. The platform’s modern architecture and configurable dashboards promote engagement and consistency across teams. CoreStream GRC’s practical delivery model and innovation roadmap earned it GRC 20/20’s Innovator Award for Enterprise GRC Architecture in 2025.
