Case Study: Large Electric Utility Company achieves enterprise-wide GRC harmonization and unified risk visibility with MetricStream

Large Electric Utility Harmonizes And Integrates Governance, Risk, And Compliance Processes Across The Enterprise

A large, government‑owned independent electric utility in the United States was grappling with rising regulatory complexity (EPAct, NERC CIP, FERC, SOX and state rules), increasing cyber and operational risks, and fragmented risk and compliance processes across business and IT. The company needed a scalable, enterprise‑wide approach to consolidate controls, map regulations to processes, and reduce exposure to fines, outages, and financial misstatements.

The utility selected MetricStream’s integrated GRC platform to provide a centralized repository, workflow‑based risk and compliance management, IT governance aligned to NIST/COBIT, and financial control processes per PCAOB. The implementation delivered a uniform GRC strategy, clearer visibility into risks and controls via dashboards and alerts, streamlined remediation and audit workflows, stronger IT and finance controls, and faster identification and resolution of compliance gaps.