Regulatory Compliance Management
Compliance requirements are affecting an increasing number of business processes. Many specialized processes are being designed solely to meet industry specific regulations. As various compliance initiatives become more intertwined from regulatory and organizational perspectives, the use of multiple and disparate compliance solutions can lead to duplicate, and often contradictory, processes and documentation. Such environments do not provide clear visibility into organizations' risk and compliance profiles. They also reduce efficiency, and escalate the cost of compliance.Download Solution Brief
MetricStream Regulatory Compliance Management Software Solution
MetricStream provides a common framework and an integrated approach to meet cross-industry regulations such as OSHA, EH&S, FCPA, and ISO standards. The MetricStream solution also enables compliance with industry focused regulatory guidelines from FDA, FERC, FAA, HACCP, OMB A-123, AML, Basel II, and Data Retention laws.
MetricStream Regulatory Compliance Solution supports compliance management through document control, compliance training, ongoing auditing, and recording and reporting of exception events and corrective actions.
Role-based dashboards, control diagrams, and scorecards provide visibility into ongoing compliance efforts, and bring high-risk areas into focus. The solution has the ability to track process ownership, assessment plans, remediation status, etc. on graphical charts with real-time information that can be accessed globally. Drill-down capabilities allow users to easily access deeper levels of information with a single click.
The MetricStream solution uniquely combines software and content to deliver solutions for effective and sustainable compliance. The solution provides embedded best practice templates and access to training content from an expert community, and enables integration of business processes with regulatory notifications.
"As we position our company for the future, we recognize the need for an integrated view of risks and controls. We conducted in-depth assessments of various vendors and products, and are delighted to name MetricStream as our partner. We think they offer a product that represents a best in class offering and is consistent with our objective to be one of America's great community banks."