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MetricStream Compliance Advisory is a product available through the MetricStream Platform. It simplifies the process of requesting, and implementing compliance related advisory requests within your organization. It provides a framework for advisory services for frontline teams to reach out to second line risk and compliance teams and seek clarification on regulations, rules, and policies. The compliance advisory team can create advisory documents that can be shared with the business. The frontline team can attest that they have understood the advice and confirm that the advice was implemented. A secure repository of advice documentation can be maintained. Together, the teams can partner to create a strong culture of compliance.

Compliance Advisory Management

Compliance Advisory Management


MetricStream Compliance Advisory is a product available through the MetricStream Platform. It simplifies the process of requesting, and implementing compliance related advisory requests within your organization. It provides a framework for advisory services for frontline teams to reach out to second line risk and compliance teams and seek clarification on regulations, rules, and policies. The compliance advisory team can create advisory documents that can be shared with the business. The frontline team can attest that they have understood the advice and confirm that the advice was implemented. A secure repository of advice documentation can be maintained. Together, the teams can partner to create a strong culture of compliance.

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  Compliance Advisory Management

Business Value Delivered

50%

cost reduction in compliance follow-ups.

  • Reduce the risk of potential violations by ensuring that compliance advice is understood and implemented by the frontline.
  • Drive efficiency and consistency in managing advisory requests by linking them with past responses.
  • Strengthen your compliance program by leveraging key insights from advice requests.
  • Deliver assurance on the effectiveness of compliance advisory services with comprehensive audit trails.
  • BUSINESS VALUE CALCULATOR
Key Features
Dashboards and Reports

Monitor compliance advisory activity in real time through a variety of configurable reports and dashboards.
Advice Request Portal

Request advice on regulations, legislations and industry standards to the risk, and compliance team with the product’s centralized advice portal.
Publishing Advice

Publish the advice to the frontlines of the organization. Link the advice to regulations, risks, policies, controls and processes.
Advice Acceptance

The different lines of business can attest that they understood the advice, and, where applicable, confirm how the advice was implemented.
Compliance Advisory Management
More Insights
Analyst Reports
  • MetricStream Recognized as a Category Leader in All 8 solution Quadrants
    MetricStream has been recognized as a Category Leader in 8 out of 8 solution Quadrants in the "Chartis Research GRC Solutions, 2021 Market Update… Learn more
  • Chartis Research Report 2019
    MetricStream Positioned as a “Category Leader” in Six Quadrants in the Chartis Research Enterprise GRC Solutions Report, 2019 Learn more
  • We’re Delighted to Be Recognized as a Leader in the 2020 Gartner Magic Quadrant for IT Vendor Risk Management Tools
    Recognized as a Leader in the 2020 Gartner Magic Quadrant for IT Vendor Risk Management Tools, we believe that our positioning in the Magic… Learn more
  • MetricStream Recognized as a Leader in the 2020 Gartner Magic Quadrant for IT Risk Management Solutions
    Find out more about MetricStream’s positioning and the landscape of IT risk management solutions in this Gartner report. Learn more
eBooks
  • Powering What’s Next with a Modern, Agile, and Integrated Approach to Risk
    Read this eBook to explore the 5 key steps that organizations can take to power through the current crisis and build stronger, better businesses… Learn more
  • What’s Next in Compliance: 3 Ways to Supercharge Compliance in the New Normal
    To understand the state of compliance, MetricStream surveyed compliance leaders across industries and countries. Based on the analysis of the… Learn more
  • A Holistic Approach to Compliance that Promotes a Culture of Trust and Integrity
    A strong compliance function is critical to organizational success. In this eBook, discover key focus areas in building a strong compliance… Learn more
  • The Future of Integrated Risk Management
    As markets and organizations grow more interconnected, so also do the associated risks. Learn more
Articles
  • Integrated GRC: The Key to Better Risk Awareness and Better Performance
    Risk and compliance information in the right format, at the right time, and in the right hands is key to organizational success. Learn more
  • How to Manage GRC Change Smoothly and Successfully
    Moving to an agile, automated, and integrated GRC program can yield multiple benefits. But how do you enable this transformation in an efficient… Learn more
  • Sharpening the Focus on Compliance During Times of Uncertainty
    This insight highlights key recommendations on how compliance professionals can step up, sharpen their focus and stay on top of existing and new… Learn more
  • 6 Reasons Why Organizations Need to Quantify IT and Cyber Risk
    Learn about the advantages of quantifying your cyber and IT risks to achieve a competitive advantage and a robust cybersecurity program. Learn more
Product Overview
  • Compliance Advisory Management Product Overview
    Compliance Advisory Management enables a structured approach to Compliance related advisory requests. Learn more
Videos
  • Elevating your compliance program to navigate through turbulent times
    Learn more
Customer Experience
Client Companies
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Better Insights.
Better Decisions.
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Measurable Outcomes

Simplify the process of managing Compliance advisory requests and automate response management and implementation.

MetricStream Compliance Advisory captures compliance advisory requests from the business and routes the request to second line functions. The product allows mapping of the advice to regulations, risks, controls and processes. The subject matter experts can leverage this contextual information and respond to the advice request. The frontlines can attest that they have understood the advice and confirm how it was implemented. The second line functions can retain a secure repository of advice documentation and maintain a comprehensive audit trail of compliance changes.

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