INDUSTRY REPORT
Enterprise Risk Management Maturity across Financial Institutions

 

Banks and Financial Services

Banks and Financial Institutes face a challenging environment of increased regulatory scrutiny, raised expectations with respect to corporate governance, complex risk management requirements among others. Navigating this environment with disintegrated business units and disparate systems for Risk, Audit and Compliance can prove to be inefficient, costly and unsustainable.

MetricStream provides a common framework and an integrated approach to manage all aspects of Governance, Risk, Compliance and Audit programs that provides rapid insight into changing business conditions, increases collaboration among business units & functions and brings transparency into the GRC process across the enterprise. The MetricStream GRC platform has been deployed with several financial institutes, ranging from large global to mid-tier financial organizations, covering the entire spectrum of the financial sector including Central Banks, Federal Financial Agencies, Asset Management firms, Retail Banks, Broker-Dealer firms, Investment Banks, Stock Exchanges, Clearing Corporation among several others. Leading independent analysts also regard MetricStream as the market leader in the space that is shaping the future of GRC.