Case Study

Major Reinsurance Company Integrates Global Risk and Compliance Processes in a Centralized Framework
MetricStream Enterprise Risk and Compliance Management Solution has enabled the client to implement a systematic and automated approach to risk assessments and scoring, compliance assessments and controls testing, and issue and corrective action management.

Leading Community Bank Improves Enterprise Risk Management Maturity and Efficiency through a Centralized, Cloud-based Solution
The MetricStream solution provided the client with a centralized framework to manage risks across the enterprise in an integrated, standardized, and consistent manner, while automating processes for improved efficiency.

Optimizing Compliance Management for Better Business Performance
Extreme Networks, Inc., together with its subsidiaries, provides business communication solutions to a wide range of customers - from corporate enterprises such as manufacturers, retailers, financial institutions, utilities and healthcare organizations, to large universities and K-12 school districts, to federal and local governments worldwide. The company has a global network of distributors, re sellers, and field sales force in the United States, Canada, Central America, Europe, the Middle East, Africa, South America, the Asia Pacific, and Japan.

Automating Compliance Management for VeriSign, Ltd.
As a global leader, VeriSign's foremost concern is the security and stability of the Internet infrastructure. The company advocates for the policies that strengthen security, protect and improve Internet infrastructure, and promote stable governance.

Leading Aluminum Manufacturer Strengthens Ability to Predict Losses for Risk Scenarios through Monte Carlo Simulations
Integrated with the ERM solution is the MetricStream analytics engine which is enabling the client to improve the quality and accuracy of quantitative risk assessments using Monte Carlo simulations. 

Leading Energy Services Company Automates and Streamlines Issue/ Incident Investigation, Tracking, and Resolution through a Cloud-based Solution
MetricStream's cloud based solution is helping the client reduce overheads, optimize the efficiency of issue management, and improve enterprise-level visibility into the status of all issues. 

A Large Electric Utility Harmonizes and Integrates Governance, Risk, and Compliance Processes across the Enterprise
MetricStream provided an integrated GRC solution for managing the customer's enterprise-wide risk and compliance programs, and supporting their complex control requirements and regulatory obligations.

Integrating and Standardizing Global Internal Audits and Risk Assessments - Societe Generale
In a drive towards more consistent audit tools, methods, and processes, the global audit group at Societe General undertook an effort to streamline all different audit teams under one single unique group, as well as establish a common internal audit process for the global enterprise.

Automating Supply Chain Governance - HD Supply
HD Supply adopted a new streamlined, automated, and work-flow-based approach to supplier onboarding and governance with an an increasingly sharp focus on the performance and quality of their entire global supply base.

Adopting an Integrated Approach to GRC - Sterling Bank
Sterling Bank successfully adopted an integrated and enterprise wide GRC program, which consolidates various GRC functions, including enterprise risk management, internal audit, issue management, policy management, business-line risk assessment, regulatory compliance self-assessments and internal asset review, into one enterprise-wide view.

A Global Food and Beverage Giant Strengths and Streamlines Its Corporate Governance Program in its Mexican Operations 
MetricStream solution would help in complying with all applicable regulations, managing associated risks, and adhering to strict corporate governance standards while pursuing an aggressive growth path. 

A Fortune 500 Bank Strengthens Its Risk Resilience through a Cohesive ORM Framework Delivering Real-time Risk Intelligence
MetricStream solution enables the client to streamline operational risk and control assessment processes, and enhance collaboration across business functions. 

Leading Oil and Gas Company Integrates Multiple Risk, Audit, and Compliance Processes to Drive Global Expansion 
The company adopted MetricStream solution to achieve GRC convergence by integrating multiple risk, audit, and compliance processes across global locations 

A Large Fortune 500 Retailer Strengthens Enterprise-Wide Corporate, AML, and HR Compliance 
The MetricStream solution will help manage compliance surveys, trigger store visits and audits, notify personnel of assignments, and maintain all compliance and employee records in a central database. 

A Large Fortune 500 Retailer Streamlines Product Labeling Compliance and Product Recall Management 
The MetricStream solution is enabling the client to efficiently manage various legal and regulatory compliance requirements and issues. For product recalls and labeling compliance, the solution facilitates a streamlined and efficient approach to identifying, investigating, and resolving each issue before it gets out of control. 

One of the World’s Largest Chemical Manufacturers Synchronizes and Standardizes Compliance, Audit, and Risk Management
MetricStream implemented a GRC solution that scales across the enterprise, integrating and streamlining the complete range of compliance, audit, and risk initiatives in a single framework. 

Leading Consumer Goods Company Centralizes Global Audit Programs with MetricStream Audit Management Solution
Headquartered in the U.S., the client has a large team of lead auditors and guest auditors who perform internal audits for operations and subsidiaries spread across multiple countries and continents. While this audit team previously had an audit management system in place, they struggled with challenges related to ineffective automation, multiple siloes of information, and a lack of collaboration across audit projects and activities. 

Fortune 100 Consumer Goods Company Automates Global Third-Party Risk Assessments for Quicker Results and More Efficient Decision-making
The client found it increasingly impractical to manually assess risks across thousands of third parties worldwide. MetricStream’s solution offered them a way to automate third-party risk assessments for optimal efficiency. It also delivered complete, near real-time visibility into third-party risks across the globe, enabling the client to make informed sourcing decisions. 

Ensuring ISO 9000 Compliance for a DoD Supplier
As a leading manufacturer of branded footwear and performance leathers, this company markets millions of pairs of uniform boots and shoes every year around the globe. With its prime customer as the Department of Defense (DoD), the company has tremendous focus on product and process quality.  

International Financial Services Giant Simplifies SOX Controls Testing, Regulatory Compliance, and Internal Audits; Saves Time and Effort; and Strengthens Decision-making
The client was using multiple cumbersome spreadsheets and manual processes to manage their SOX controls testing, regulatory compliance, and internal audits. This approach became increasingly time-consuming and resource-intensive. With MetricStream solution, the client was able to automate and streamline their processes for optimal efficiency.  

A Leading Agriculture and Biotechnology Solutions Provider Enables Next Generation Audits with Tablet Based Data Recording, Evidence Gathering, and Reporting
As a world leader in the agricultural sciences field, the client is deeply committed to a culture of efficiency, traceability, and integrity across internal and third-party audits. The client grows a variety of crops across locations as a part of its testing processes for agricultural solutions.  

One of the World’s Largest Automobile Manufacturers Strengthens Cybersecurity Case Management through an Integrated Approach
The client had a central team to track cybersecurity cases across the global organization. Most of the time, they had to painstakingly sort through multiple emails and spreadsheets, and manually gather case data from various sources. MetricStream Case Management App offered them a better approach by automating case management workflows, while also integrating global case data from various sources, and consolidating all of it in a common database.  

A Fortune 500 Retailer Streamlines, Standardizes, and Centralizes Social Compliance and Supplier Audits for Greater Visibility and Efficiency
Allegations of unsafe working conditions and non-compliance with labor standards in supplier factories have upped the pressure on brand-led businesses to ensure that Corporate Social Responsibility (CSR) and social compliance initiatives are effectively implemented and monitored across their supply chains. 

Effective Audit Management Drives Continuous Improvement
Effective audit management drives continuous improvement by ensuring that established quality requirements for products and processes are being met. For companies that are regulated by the FDA, FAA or are following quality standards such as ISO 9000/13485/14000, regular audits are also essential to reduce the risk of noncompliance. 

A Leading Financial Services Organization Enables a Fully Unified, Streamlined, and Consistent Process for Threat and Vulnerability Management
As business operations scale up and become increasingly dependent on Information Technology (IT), IT environments will continue to become more complex, exposing organizations to a wide array of risks, threats, and vulnerabilities that have a direct impact on the performance of the enterprise. 

A Major Aluminum Manufacturer in the Middle East Strengthens Enterprise Risk Management, Enabling Compliance with ISO 31000 Standards
MetricStream implements a robust ERM solution that integrates and aligns risk management initiatives across the company´s large global enterprise. 

Constellation Energy Builds a Strong Governance, Risk and Compliance Foundation
Constellation Energy, one of the largest Energy & Utility companies in the United States, implemented MetricStream GRC platform, Enterprise Risk, Compliance, Audit and Policy Management solutions to foster a culture of greater risk awareness and to incorporate strategic risk management into management decision making while simultaneously ensuring compliance with industry and corporate standards. 

Get a demo Download RFP Template Pricing Contact