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"After implementing MetricStream, Danske Bank is expecting to build increased trust with regulators and leadership with a consolidated platform for real time risk visibility, and compliance status and analytics, with end-end accountability."
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"There has been increased public pressure to improve governance and improve regulation -- even the regulators are being regulated."
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"Reliability compliance is a critical program for us. We must report on over a thousand standards and requirements for the large number of participants in our energy market. By using MetricStream solutions we will be able to enhance our compliance efforts. We selected MetricStream solutions because they were user friendly …
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"MetricStream's platform provides a strategic foundation with specific solutions that enable Fairchild to achieve our near-term quality improvement objectives."
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“MetricStream’s solution has helped us reinforce our compliance initiatives as well as restructure our audit programs. The risk transparency and amalgamation of enterprise-wide processes has contributed to our objective of total compliance and has eliminated all flaws in audit and issue management initiatives.”
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"MetricStream is helping us improve the efficiency, tracking, and transparency of our quality management program by consolidating multiple types."
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“For a successful ERM program, both qualitative and quantitative risk assessments are important. Keep an eye on emerging risks. And plan for immediate and long-term requirements.”
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"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."
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"As we position our company for the future, we recognize the need for an integrated view of risks and controls. We conducted in-depth assessments of various vendors and products, and are delighted to name MetricStream as our partner. We think they offer a product that represents a best in class …
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"What we really needed was a single view of risk to share with board directors and line-level managers."
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“A lot of time may be spent on the design phase of a GRC program, but ultimately, it's about how the program is implemented. There needs to be a focus on engagement, communication, follow-up, and the sustainability of the GRC program.”
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“Its called GRC Journey for a reason. Cultural change and education within the organization take time.”
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"Technology is a key enabler. Without data that is accurate, timely, and meaningful, we are blind to our risks. Leveraging technology like MetricStream helps us gather the data that we need to make informed decisions.”
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"One of the highlights of our GRC implementation is the successful use of the survey module as a global first level assurance activity. In the last 6 months alone, we've completed close to 10,000 first line assurance verification. This is supporting our control testing and eventually helping us to demonstrate …
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"We are happy to say our compliance to incident reporting and tracking in the new software is now at 96%, previously in the first edition, it was 4%. Our action tracking today is at 89% and previously it was I think 17%."