Case Study: World's Leading Global Wealth Management achieves unified, scalable global internal audit and compliance with MetricStream

Internal Audit Solution for a Global Bank

One of the world's leading global wealth managers and major investment banking and asset‑management firm—managing about $450 billion in client assets—faced fragmented, siloed internal audit systems built from in‑house, legacy and point solutions. The bank needed a single, scalable internal audit platform that could standardize risk assessments, issue tracking and reporting, meet stringent global compliance and data‑privacy requirements, integrate with existing IT systems, and pass rigorous security and performance testing.

After a six‑month evaluation MetricStream was chosen for its Enterprise Compliance Platform, which provided a centralized data repository, built‑in workflows, offline data capture, time‑tracking, sensitive‑data handling, and rich reporting and dashboards while integrating with existing systems and scaling to 10,000+ users. The solution eliminated duplicate effort and inconsistencies, accelerated the audit cycle, improved auditor productivity and cross‑department collaboration, and delivered enterprise‑wide visibility and stronger compliance and governance.