Case Study: a Fortune 100 financial services holding company cuts compliance workload by 80% with RiskWatch

Fortune 100 Financial Services Holding Company cuts compliance workload by 80% with RiskWatch

A Fortune 100 financial services holding company faced a significant compliance challenge, managing twelve different regulatory frameworks manually through spreadsheets. This process was highly inefficient, requiring three full-time staff, a 14-day evidence collection cycle, and a six-week scramble to prepare for each quarterly audit. The manual program consumed all available resources, leaving no capacity for strategic risk work. The company turned to RiskWatch for a solution.

By implementing the RiskWatch platform, the company consolidated its twelve frameworks into a single, cross-mapped control library. This allowed evidence to be collected continuously in a central vault and enabled audit-ready packs to be assembled in just days. The solution led to an 80% reduction in compliance workload, freeing up 2.4 full-time employees to be reallocated to other risk functions. RiskWatch provided the efficiency and automation needed to transform the company's compliance operations.

Fortune 100 Financial Services Holding Company