That sounds more like Alert Central than LEM, to be honest, but it depends on what you're trying to do.
If you want to send log data to a single system and alert on it from one place rather than letting all different logging systems alert you, LEM can help with that.
But if you want to let all those systems send you alerts and have one system to manage how those alerts get prioritized and processed, Alert Central can help with that.
Alert Central's website: Alert Management - IT Alert Management Software | SolarWinds
