"Technology certainly helps improve the efficiency of regulatory compliance through automation. And in terms of agility, technology allows our offices across the globe to access the information they need, whenever they need it, thus reducing dependency on a single individual."

“Technology is helping us streamline our Risk and Compliance processes. It simplifies reporting, thereby enabling our teams to focus their efforts on identifying risks and conducting tests.”

"Among other benefits, the Metricstream solution offers us a centralized repository of policies and procedures, and a powerful user-friendly search tool to locate them. It also contains a comprehensive framework to map policies to areas of compliance, control, processes, and other policies for efficiency."

"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 …

“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.”

“We wanted a solution that could help us manage audits, risk and compliance in a proactive, efficient and consistent manner. MetricStream stood apart from other solution providers because of its extensive experience in the financial services industry, the sophistication of its product and its commitment to meet our specific requirements. …

"Before we had manual duplicated workflows but now it's automated and efficient. Before we had siloed GRC data- compliance has one set of data, risk has one, audit has one, BCP has one. Now it's a single GRC data repository with clear ownership of each data elements and strong data …

"The benefits that organizations can gain from implementing a GRC tool are streamlined operations, elimination of duplication of work and information, and contextual intelligence that allow you to make better decisions faster."

“MetricStream provided us a proven, scalable and cost effective solution to help our subsidiaries streamline SOX compliance initiatives. The configurability of the solution combined with the logically structured, intuitive interface accelerated the speed at which we were able to achieve unified risk and compliance framework. We are pleased to partner …

"We have now started to see commonality between different organization unit's risk assessment. We are starting to see maturities in how we are identifying issues in that process. We also have action plans for the next quarter and so forth."

“Prior to moving to MetricStream, it generally took 1-2 weeks to get the management report ready. By streamlining the process in Metricstream, utilizing inherent workflow around approvals and rejections, and modifying our existing landing page to incorporate that particular report directly for our issue users, we have reduced the timeframe …

"Organizations need to be more nimble and quick with how they use risk information. We need to break down the siloes, become more transparent, link things together, so that everyone understands what’s happening. The value of technology comes from the efficiency it brings, as well as the costs and time …

"The biggest benefit we have achieved is visibility. Earlier when we were using Excel and other mediums, we didn't have central visibility of our frameworks and at one landscape we weren't able to see at any point of time how we are fairing in our controls execution."

“The greatest successes have been marking the KRIs we have against dashboards and trends, providing information around data, doing analysis of that data, identifying the opportunities for improvements and controls to reduce risk, and making that transparent to senior management and the Board.”

“Governance and risk management is not just about policing the business. It’s about engaging with stakeholders, understanding their challenges, and providing solutions from a risk and controls perspective.”