"One of our biggest risks is responsible gaming risks. GRC technology can help us a lot in tracking this risk instantly, and taking measures to mitigate it."
"Powerful IT systems are critical to Maxim's mission to offer highquality healthcare. We initiated the process of selecting a robust compliance and quality system, evaluating proven qualities of the application, implementation capabilities and the cost of ownership. At the end of the evaluation process, the MetricStream solution emerged as our preferred choice. It comes with rich out-of-the-box features and the flexibility to be expanded and modified to meet our future needs."
"Manal Al Sarraf, Head of Internal Audit, Batelco, describes the Governance, Risk and Compliance (GRC) challenges that the telecom industry currently faces and what they need to do as a company in order to overcome them. She also talks about the benefits she’s getting by being a part of the GRC Summit."
"Our goal was to simplify the deployment of common approaches enabling us to focus on continuous improvement of our products and critical processes across the entire supply chain. MetricStream's Enterprise Compliance Platform and its comprehensive suite of applications will offer us the enterprise-wide standardization capability that localized point applications do not provide."
“MetricStream solutions will streamline our financial controls processes for SOX compliance as well as enable us to employ best practices frameworks for managing compliance with FERC and NERC.”
"After deploying the MetricStream platform with Enterprise Risk, Business Continuity. Policy, Compliance and Issue Management, the company now has a visibility into risk and much stronger business resilience. We now use a common language and taxonomy with common definitions."
“With MetricStream, we’re now better at prioritizing our risks and making them consistent when we assess them. This has helped us improve our risk mitigation capabilities and even use risk appetite to make sure that we’re consistently escalating risk to the appropriate level. That was probably not a strong point about a year ago.”
"One of the challenges that we face is to understand, communicate, and take action on the many regulatory changes that occur across programs and product lines. The MetricStream GRC tool will help us standardize and streamline processes to manage regulatory change effectively. It will also help ensure that regulatory change is consistently executed and delivered throughout the organization.”
“Bring the Business along: Technology can be implemented in short period of time but it needs to be accepted by and integrated to the business.”
"MetricStream is helping us improve the efficiency, tracking, and transparency of our quality management program by consolidating multiple types."
"With the MetricStream solution, the bank can effectively aggregate and monitor compliance risks at the enterprise level."
"Our first line is no longer coming to us to fill requests on an ad hoc basis. We are not having to drop everything to pull reports out of MetricStream for them. They can go straight into the Tableau server, pull the report they need and they are good to go."
"Technology is an enabler, it helps in establishing consistent practices and standards amongst all our risk disciplines."
"What drove us to go down the MetricStream route. We had 3 main drivers for change. The first of those was efficiency. The manual system was effective but it was very labor intensive, it was time consuming. There was a lot of people involved in moving a lot of paper around the organization and evidencing that we could do all the things that we needed to do."
"Technology is an integral part of any GRC strategy, and it should be factored into the overall corporate strategy, as most organizations are no longer location-centric but information-centric."