Case Study: Major Integrated Energy Company achieves enterprise-wide compliance and risk visibility with MetricStream

Powering Compliance At An Energy Major

The client is a major integrated U.S. energy company operating generation, transmission and distribution that faced a rapidly growing set of regulatory requirements from FERC, NERC, state commissions and SOX. Its internally built Access/SQL compliance app could not scale or adapt: it lacked integration with PeopleSoft/Cognos, supported only a simplistic organizational model, required manual surveys and record-keeping, and offered insufficient access controls and periodic assessment capabilities—creating significant overhead and compliance risk.

MetricStream delivered an enterprise compliance framework to manage SOX, ERM, FERC and NERC obligations, centralizing the control hierarchy, scheduling assessments, integrating with core systems, and automating issue workflows, reporting and e-signature attestations. The platform supports complex org models and granular access, provides dashboards and heat maps for real-time visibility, and has reduced resource/time requirements, lowered noncompliance risk and made compliance processes more consistent, auditable and predictable.