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“MetricStream has mapped its solution to support our specific needs and workflow structure. With this easy-to-use and flexible solution, we have achieved stronger compliance and reporting ability across organization making us better-equipped to meet the specific challenges in the health insurance space today.”
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"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."
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"The standardization and driving through common platform and common reporting was probably the biggest transformation across the organization."
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"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 …
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"Embarking on a GRC program was really about delivering value and making sure we are not spending resources unnecessarily. We also wanted to enable the different lines of defense to deliver on their individual accountability."
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“The Energy & Utilities space where we operate is likely to present more complex regulatory and risk management challenges. With MetricStream, we have the capabilities to automate and streamline our entire GRC approach, assuring compliance with regulatory and reliability requirements and enabling a sustainable and proactive risk management approach, MetricStream …
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“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 …
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"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 …
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"With all risk and loss information in one place, the three lines of defense can collaboratively create risk mitigation plans and actions, thereby accelerating their response to loss events or incidents."
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"By using the MetricStream system, it’s very easy for us to flag where these smelters are from and what the risks are. We are actually able to close out most of our supplier risk within 30 days."
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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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"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."
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“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 …
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"MetricStream provides leaders with a comprehensive, real-time view of all the compliance events and trends in their offices, thus enabling more transparency than ever before."
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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."