Case Study: International Financial Services Giant Company achieves streamlined SOX, regulatory compliance, and audit processes with MetricStream

International Financial Services Giant Simplifies SOX Controls Testing, Regulatory Compliance, and Internal Audits; Saves Time and Effort and Strengthens Decision-making

An international financial services giant with trillions of dollars in assets under management and operations across multiple countries faced a complex compliance burden—coordinating SOX controls testing, regulatory compliance, and internal audits across dispersed business units. Manual processes (spreadsheets, emailed Word surveys) scattered data, consumed time, delayed reporting, and limited enterprise visibility into compliance status and audit issues, hampering timely decision-making and regulatory obligations across more than 200 authorities.

MetricStream replaced the manual toolkit with integrated, automated SOX, Regulatory Compliance, and Audit Management solutions that consolidate all risk and audit data in common repositories, automate surveys and control testing, and provide real-time dashboards, workflows, and remediation tracking. The deployment supports hundreds of users (e.g., 350 SOX, 400 compliance, 700 audit users), streamlines testing of 1,000+ controls quarterly, and delivered faster, more efficient processes, better collaboration, centralized visibility, and quicker, data-driven decision-making.