The Client: Reputed Financial Services Provider
The client is deeply committed to maintaining a culture of integrity, accountability, and transparency across the enterprise. To that end, they invest considerable time and effort in maintaining consistent compliance with SOX requirements, assessing risks, and auditing internal controls.
Yet with multiple different business segments and offices spread across the east and west coast of the U.S., the client found it increasingly challenging to manage the growing demands of SOX and internal auditing. One of their biggest roadblocks was the lack of a cohesive structure to integrate and enable greater collaboration across key processes such as risk assessments and internal audit planning. In addition, the company’s audit team was keen to gain greater oversight of SOX compliance and internal auditing - and as a result, they chose to upgrade their compliance and audit systems.
After considering several solution providers, the client settled on MetricStream based on their extensive success in providing cutting-edge, flexible GRC solutions to top financial services providers. MetricStream enabled the client to strengthen SOX compliance and internal audit processes, and integrate them in a common framework for greater efficiency and transparency - all this, quickly and cost-effectively due to MetricStream’s cloud offering.Download a Case Study
Before implementing MetricStream’s solution, the company faced a number of challenges: