129 MetricStream Testimonials

“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."

"[GRC] is truly a strategic implementation. [By using a GRC tool], you can save a lot of time, streamline your processes, and get people across the organization to use the same tool, thus increasing transparency and accountability.”

"The auditor is like a critical friend and an evangelist within the organization who takes everyone along on the GRC journey."

"When we have our process risk controls and taxonomies and organization all inside MetricStream, when audit goes to audit now, that data will be there. So immediately your auditor will  be happier because they don't have to spend 20 30 40 hours building RCM and checking and all that stuff. It's all there. It's all in the common language - the first line built it, second life effectively challenged it. Audit is going to do their QC and it will be a 5 hour job o 10 hour job instead of 30 40 hours."

"Today we have implemented about 6 modules in production. We started off with Case, PDMS, we went with Issue Management enterprise wide. We have about 2000 users."

"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."

"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."

“We are gradually transitioning our ERM program from a compliance-focused approach to a value-driven approach. Soon, we hope to achieve a uniform risk culture across the organization.”

“We need a regulatory engagement management system that is capable of being used by key people in compliance and quite widely in our counterpart functions like finance, risk, and legal, but also actually in the business – either as an information delivery tool, or as a way to share information back to compliance. We also need to create a central repository of what’s going on with regulators – which we can’t do with our current technology limitations. That really impairs the efficiency of what we do, as well as the organization’s ability to see what’s going on in the whole piece.”

"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."

"Leveraging MetricStream technology will help us improve efficiencies and performance by enabling enhanced collaboration, streamlining information gathering, and creating clear visibility into our internal audit program."

"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."

"We have started to aggregate risk data across the various risk taxonomies and risk types i.e. if an individual of our company or a client is showing up in more than 1 risk silo, it probably warrants an in depth review. This is obviously a much more complex system but the first results we are seeing of this holistic monitoring are quite promising. We have completely revised the controls framework for our key risk areas such as AML, Know Your Customer."

"MDOS offers a lot of new exciting features. MDOS introduces changes to most screens, primarily for fields with Organization and or User picklist as well as changing the Security setup and report filtering, Having additional dimensions offers more flexibility in the design of an org hierarchy as well as enhanced reporting filtering capabilities."