Case Study: Leading Mid-sized Financial Services Institution achieves unified risk processes and harmonized risk language with MetricStream

Fast-Growing Mid-Sized Financial Services Institution Unifies Risk Processes, and Harmonizes Risk Language across the Enterprise

The client is a fast-growing, well-capitalized mid-sized financial services institution operating a portfolio of niche companies across multiple locations. With a two-person risk team, lean IT, disparate local processes, heavy regulatory pressure, and manual spreadsheet-based workflows, the organization struggled to consolidate risk data, harmonize risk taxonomies, and produce a cohesive enterprise-level view of risk.

MetricStream delivered a centralized, web-based Risk Management solution on its GRC Cloud, integrated with RiskBusiness’ pre-built risk and KRI libraries, and deployed in weeks. The platform unified RCSAs, issue management, and reporting, standardizing risk language and automating roll-up reporting across business units. As a result the client gained improved top-level risk visibility, consistent taxonomies and KRIs, faster, more efficient risk processes, stronger regulatory preparedness, and rapid time-to-value.