Case Study: One of the Largest and Foremost Financial Services Holding Companies in the United States achieves enterprise-wide risk visibility and control with MetricStream

Streamlining Risk Management Disciplines to Achieve Enterprise-wide Data Model and Absolute Control

A leading U.S. financial services holding company—providing mortgage banking, brokerage, investment management and retail banking—faced mounting regulatory pressure (including SOx) and fragmented risk processes across multiple legacy applications. The firm lacked enterprise-wide visibility into controls, risks and compliance, struggled with repetitive, resource-intensive assessments, and was hampered by reporting silos and limited analytics.

After evaluating options, the company implemented MetricStream’s integrated GRC platform to consolidate audit, compliance, operational risk and SOx management. The solution delivered role-based portals, automated workflows, KRI and loss management, audit automation and rich dashboards, replacing three legacy systems. Results included a unified data model, sharper focus on high risks, improved risk avoidance and accountability, streamlined reporting and significant cost and resource savings through reduced duplication and automation.