Case Study: A Large Cooperative Bank achieves integrated GRC, real-time risk intelligence and reduced SOx costs with MetricStream

Large Cooperative Bank Integrates Grc Processes For Superior Management Of Risk, It Compliance And Sox Programs

A large U.S. cooperative bank that funds member financial institutions and community development organizations faced fragmented, manual GRC processes across IT compliance, operational risk and SOx programs. Siloed legacy systems, email- and spreadsheet-based workflows, unclear risk ownership and limited reporting visibility were driving inefficiency, security exposure and high compliance costs, so the bank sought a centralized, automated platform to standardize risk, control and compliance management.

The bank selected the MetricStream GRC platform to provide a central risk library, document repository, configurable workflows, KRIs and executive dashboards, plus prebuilt support for IT frameworks and SOx. The solution delivered real-time visibility and drill-down analytics, better cross‑team collaboration, automated control testing and issue remediation, harmonized risk and control content, and lower SOx compliance costs through streamlined, workflow-driven processes.