Case Study: Leading European Financial Group achieves integrated, real-time view of operational risks and losses and stronger Basel II compliance with MetricStream

Leading European Financial Group Achieves an Integrated, Real-time View of Operational Risks and Losses; Strengthens Compliance with Basel

One of Northern Europe’s largest financial groups struggled to get a consolidated, timely view of operational risks and losses across 150+ banks. Fragmented legacy systems left risk details, loss events, and control reports scattered, and manual mapping to Basel II categories was slow and resource‑intensive—while the organization also required Finnish, Swedish, and English language support.

MetricStream deployed a cloud-based operational risk management solution that centralized risk and loss data, automated aggregation and Basel II mapping, and provided multilingual interfaces, dashboards, loss and issue management, and anonymous whistleblower reporting. The result is a real‑time, integrated view of risks and losses, stronger Basel II compliance, streamlined workflows used by ~600 users, faster decision‑making, and reduced manual effort and cost.