Purpose-built risk management for financial services institutions

  • CoreStream GRC is built to handle the complexity of cooperative banking, unifying enterprise, IT, and third-party risk, alongside other GRC use cases like compliance, fraud, and privacy, into a single, integrated view.
  • Gain insights through powerful visualizations including the risk bow-tie, risk flight path, and risk matrices.
  • Tailor workflows, terminology, prompts, and guidance to match your specific business processes.
  • Connect your own AI large language model (LLM) to automate manual tasks securely, while keeping a human in the loop.
  • Seamlessly integrate with your preferred tools such as AscentAI, Black Kite, LexisNexis, Power BI, SAP, and more.
  • Operate on a secure platform aligned with your required IT certifications, including ISO 27001 and TX-RAMP.

Learn how insurance provider Pool Re transformed risk management with CoreStream GRC

“From the very beginning, talking to your team, they were very accommodating and patient in explaining the capabilities of the tool. The platform was very visual, very easy to use, and very flexible. That was the biggest requirement for us.”

 -Helio Correa, Head of Risk, Pool Re. 

Simplify financial services compliance with Ascent AI integration

What the connection enables:

  • Real-time horizon scanning- AscentHorizon delivers global regulatory updates tailored to financial services.
  • Automated change management- AscentFocus automates regulatory change at a granular level, syncing updates directly to your internal obligations, policies, and controls within CoreStream GRC.
  • Configurable workflows- CoreStream GRC’s integration engine lets you tailor how regulatory data is ingested and applied, no custom development required.

Book your risk expert workshop

Book an hour with our FS risk expert to assess and audit your existing program.

Paul Cadwallader Corestream GRC employee

Paul Cadwallader

GRC STRATEGY DIRECTOR

When Paul’s not just helping clients succeed, he’s challenging them to rethink what’s possible in governance, risk, and compliance. With over 25 years of experience in the GRC space and a background as a former Deloitte Partner, Paul has a knack for transforming complex requirements into powerful solutions that drive real business impact.

Report: GRC Pundit’s review of our ERM solution

Discover insights from industry expert Michael Rasmussen, who recently evaluated the CoreStream GRC platform and spoke with 4 of our global customers.

In this exclusive preview, you’ll learn how organizations are leveraging our technology to transform risk management, and where CoreStream GRC truly excels:

“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.” 

FAQs for BFSI risk management

What is the best enterprise risk management software for financial institutions?

CoreStream GRC is a purpose-built enterprise risk management (ERM) platform designed for banks, financial services organizations, and insurance providers. It helps teams identify, assess, monitor, and report on enterprise, operational, IT, and third-party risks from a single integrated platform, providing greater visibility and control across the organization.

Can CoreStream GRC be used as enterprise risk assessment software?

Yes. Risk assessment sits at the core of the platform. Organizations can score inherent and residual risks using 5×5 or customized risk matrices, define risk appetite thresholds by risk or category, and automatically evaluate residual risk against appetite. Assessments can be conducted from both a top-down strategic perspective and a bottom-up operational perspective, ensuring comprehensive risk coverage.

Can I automate risk reviews, reminders, and workflows with CoreStream GRC?

Yes. CoreStream GRC automates key risk management activities, including risk reviews, reassessments, reminders, approvals, escalations, and reporting workflows. Automated notifications help ensure accountability, reduce administrative effort, and keep risk management activities on track across the business.

Can CoreStream GRC automate risk assessments for financial institutions?

Yes. CoreStream GRC helps financial institutions streamline and automate risk assessments across enterprise, operational, IT, and third-party risk programs. Teams can standardize assessment methodologies, automate reassessment cycles and reminders, and gain real-time visibility into risk exposure through dashboards, risk matrices, and visual reporting tools. This helps reduce manual effort while ensuring assessments are completed consistently across the organization.

How does CoreStream GRC support risk appetite management and risk reporting?

CoreStream GRC enables organizations to define risk appetite thresholds and monitor risk exposure against them in real time. Interactive dashboards, risk matrices, bow-tie visualizations, and customizable reports make it easier to identify emerging risks, track performance, and provide meaningful insights to executives, boards, and regulators.

Can CoreStream GRC integrate with other risk, compliance, and business systems?

Yes. CoreStream GRC integrates with leading business and compliance solutions, including Power BI, SAP, LexisNexis, Black Kite, and Ascent AI. These integrations help streamline data sharing, automate regulatory monitoring, improve reporting, and create a more connected approach to governance, risk, and compliance.