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Corporate Governance in Banks |
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Effective corporate governance is imperative in maintaining high trust and confidence in the banking system. It is therefore essential for banks to ensure effective communication and oversight of policies and procedures by ensuring adequate transparency with appropriate checks and balances. Good governance is also about achieving set performance goals and objectives in line with the expectations of several stakeholders.
MetricStream solutions foster good governance in the organization through effective implementation of corporate governance principles and best practices. The core components include:
Audit Management for effectively managing the entire audit lifecycle as a part of an integrated GRC platform.
Policy and Procedure Management for adopting an electronic and automated approach to communicating and implementing policies across the enterprise.
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MetricStream solutions also provide functionality to manage change, to streamline business ethics programs, to keep track of training requirements and to achieve high quality standards (ISO, Six Sigma, CMMI, etc.). MetricStream is also committed to developing and supporting best practices in Corporate Social Responsibility (CSR) and sustainable development initiatives.
MetricStream uniquely combines software and content to deliver corporate governance solutions with embedded best practices templates, access to training content from an expert community, and integration of business processes with regulatory notifications and industry alerts.
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