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Energy

Energy


The Energy sector is operating in a vulnerable landscape which is shaped by price volatility, evolving energy demand, sustainability, and innovative trends that connect risks from E&P to distribution channels. The industry continues to battle fundamental challenges caused by political instabilities, rigid regulatory scrutiny and a huge array of onshore and offshore risks, arising from safety, IT security, supply chain and non-compliance. To stay ahead, organizations need to adopt a cohesive approach to mitigate enterprise risks, with efficient compliance, optimized audit efforts and security from cyber threats across their value chain. MetricStream solutions for the Energy industry provide an approach to manage and mitigate operational as well as enterprise risks and efficiently build compliance processes.

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  Energy
Key Solutions
Integrated Risk Management

Aggregate both current and emerging risks across geopolitical, digital, strategic, third-party, cybersecurity, and compliance areas.
Corporate Compliance

Stay on top of ethics and compliance programs that include policies, compliance obligations, surveys, and case and incident management.
Supplier Risk

Prevent supply chain disruptions and vulnerabilities by effectively managing supplier risks, performance, and enabling compliance.
Cybersecurity

Aggregate and integrate data on IT risks, threats, compliance, policies, and controls to effectively anticipate and mitigate cyber risks.
More Insights
Analyst Reports
  • GRC 20/20 Vendor Viewpoint - Governance, Risk Management & Compliance Insight
     MetricStream provides one of the most comprehensive set of GRC capabilities in the context of business.  Learn more
  • Bridging the gap between Business GRC and IT GRC
    In this report, leading analyst firm KuppingerCole analyzes MetricStream's IT-GRC Solution portfolio and its relevance in the current IT landscape… Learn more
  • IDC Vendor Profile - MetricStream: Comprehensive Solutions for IT Governance, Risk, and Compliance
    In this report, leading technology research and analysis firm IDC examines MetricStream's GRC solution portfolio and its relevance in the current… Learn more
  • GRC Vendor Implementation Success Strategies
    In the latest Blue Hill Research Report, “GRC Vendor Implementation Success Strategies”, process change, solution tailoring, deployment, and… Learn more
Case Studies
  • Powering Compliance at an Energy Major
    The MetricStream solutions streamline financial control processes for SOX compliance and enable energy companies to comply with FERC and NERC.… Learn more
  • A Premier Electricity and Natural Gas Distribution Company Ensures Continuous NERC Compliance through a Control-based Approach
    Case study on how a premier electricity and natural gas distribution company enables continuous NERC compliance through a control-based approach. Learn more
  • Oil and Gas Giant Strengthens Stakeholder Trust With a Holistic Approach to Assurance
    Oil and Gas Giant Strengthens and Adopts Holistic Approach to Assurance with MetricStream: Case Study In quest to unify and minimize efforts on… Learn more
  • A Large Electric Utility Harmonizes and Integrates Governance, Risk, and Compliance Processes across the Enterprise
    The company leverages MetricStream solution to enhance visibility into risk and compliance management processes, streamline GRC workflows and… Learn more
Articles
  • Building a High Value, Sustainable GRC Program
    Read this article which explains how to build a sustainable GRC program; what the key components are, and best practices to follow. Learn more
  • Syncing Your Policies with Evolving Regulations
    Keeping pace with regulatory changes is challenging enough, but assessing their impact on the business, and updating internal policies can be… Learn more
  • Adopting Agile Audit to Stay Relevant and Effective
    Learn how internal Auditors can adopt agile auditing by implementing 4 simple steps to ensure a steady path up the maturity curve. Learn more
  • Regulatory Compliance - Creating an Enterprise Roadmap for the Power Industry
    MetricStream Insights - With the help of a compliance roadmap and integrated framework energy companies can achieve their critical business… Learn more
Solution Brief
  • Achieve Risk, Audit,Compliance and Cyber Convergence with MetricStream
    Download the exclusive Energy and Utilities industries’ solution brief to learn the key capabilities of MetricStream solution that adopts an… Learn more
  • MetricStream UK SOX Compliance Solution
    Discover the business benefits of MetricStream solution for UK SOX Compliance by overcoming SOX compliance challenges, reducing time and costs… Learn more
Product Overview
  • Boost Your Third-party Management Programs with Real-time Third-party Information Security Ratings from BitSight
    As third- and fourth-party risk management mature, regulators, investors and stakeholders want to scrutinize over how organizations are managing… Learn more
Customer Experience
Better Insights.
Better Decisions.
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Measurable Outcomes

Mitigate Multi-Dimensional Risks to Stay Compliant and Be Innovative.

  • 90% compression in compliance management timelines.
  • 66% decrease in the time needed to complete IT risk assessments.
  • 90% improvement in time spent on audit review.
  • 80% reduction in third-party onboarding time.

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