Case Study: Central Bank improves audit efficiency and risk visibility with MetricStream

A Central Bank Deploys Metricstream’s Internal Audit Solution

A national central bank responsible for monetary stability faced growing strain on its internal audit function. Auditors relied on manual, paper-based processes across 90+ cross-organizational workflows, causing inefficiencies, errors, unreliable reporting, duplicated effort, high costs, poor collaboration, and slow follow-up on findings—prompting a need for a centralized, automated audit management framework.

The bank selected MetricStream to deliver a unified, risk‑based audit platform with centralized planning, a common data repository, offline field capture, automated workflows for findings review and remediation, and executive dashboards. The deployment shortened audit cycles, improved accuracy and visibility, integrated audit and risk management, clarified responsibilities, enabled continuous learning and better compliance, and delivered lower total cost of ownership.