Case Study: Leading Wholesale Cooperative Bank achieves proactive, resource-efficient, and transparent risk, compliance, and audit management with MetricStream

A Leading Wholesale Cooperative Bank Strengthens Proactiveness, Resource-Efficiency And Transparency Of Risk, Compliance And Audit Management Processes

A leading US wholesale cooperative bank that provides low-cost short- and long-term funding to member financial institutions—supporting liquidity, asset-liability management and community housing programs—faced growing complexity in risk, compliance and SOX audit management. Reliant on paper-based spreadsheets and multiple siloed systems, the bank struggled with inefficient manual processes, limited real-time visibility, duplicated efforts and a small audit team stretched thin across extensive regulatory requirements.

The bank implemented MetricStream’s integrated GRC platform to automate workflows, centralize risk and control libraries, and break down functional silos. The solution streamlined audits and SOX testing, enabled real-time dashboards and drill-down reporting, reduced redundancies, and improved resource utilization—giving the bank greater transparency, faster decision-making and increased confidence in managing evolving risks and compliance obligations.