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“MetricStream’s solution has helped us streamline elaborate and intricate processes of compliance and risk management with an integrated enterprise-wide system, giving us a better grip on our compliance, risks, and lowering the overall cost of compliance.”
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"With the MetricStream solution, the bank can effectively aggregate and monitor compliance risks at the enterprise level."
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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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"We are operating on one single system which gives us the ability to act prior to any incident. {This also gives us the} ability through our assurance activity to demonstrate we have a high degree of operational discipline across all areas of our business."
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"Technology is an enabler, it helps in establishing consistent practices and standards amongst all our risk disciplines."
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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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“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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“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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“Enterprise Risk Office at PSCU leverages technology to ‘connect the dots’ across the organization and stay abreast of regulatory changes.”
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"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 …
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"We look at enterprise GRC, its not you know a technology but it is an enabler that allows us to move ahead."
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"We continue to be impressed with the richness of MetricStream's SOX solution and their ability to help deploy the solution in such a short timeframe."
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"We've reduced remediation time and action planning, reduced open risks and compliance issues. {Prior to MetricStream} Sometimes things were left open for half a year till we found them again. Single source of truth rationalizes all the activities or the controls or the risks and provides a consolidated view of …
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"The solution enables the bank to report top risk instances, thus informing the management and board about the organization’s exposure to critical risks, while reconciling high level statements with granular control outcomes in each process and country."
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"Our company has always followed a stringent and well-defined quality assurance program. But as we grow and expand, we need a robust audit management system to ensure that our quality processes are followed down to the last detail. MetricStream has provided us with an efficient and flexible system, equipped with …