Compliance simplifies and strengthens compliance with regulations across the organization, while improving visibility into control effectiveness and ensuring timely issue remediation. Its common framework, built on the MetricStream Platform, helps manage a wide range of compliance requirements in an integrated manner. Policies, standards, regulations and controls are aligned, eliminating inefficiencies and redundancies. Compliance processes with workflows, self-assessments, surveys, and issue remediation are supported. Intuitive dashboards and charts provide real-time insights into compliance processes.
Compliance Management
MetricStream Compliance Management built on the MetricStream Platform, simplifies and strengthens compliance with regulations across the organization, while improving visibility into control effectiveness and ensuring timely issue remediation. Its common framework, built on the MetricStream Platform, helps manage a wide range of compliance requirements in an integrated manner. Policies, standards, regulations and controls are aligned, eliminating inefficiencies and redundancies. Compliance processes with workflows, self-assessments, surveys, and issue remediation are supported. Intuitive dashboards and charts provide real-time insights into compliance processes.
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Business Value Delivered
90%
reduction in time needed to manage compliance activities.
- Lower the cost of compliance programs and promote a culture of compliance and integrity by prioritizing high-risk areas, while also rationalizing controls.
- Improve the efficiency of the compliance function by automating control assessments and testing.
- Improve business performance and decision-making through a unified, real-time view of the organization’s compliance status.
- BUSINESS VALUE CALCULATOR
Key Features
Dashboards and Reports
Regulatory Intelligence
Control Testing
Issue Management
Customer Experience
We've got 2000 core users those are people that are in the solution at least annually. Of that 2000 number roughly 85% are in atleast quarterly.
Mike Cover
Director, OGACC Technology and Operations
BCBS Michigan
What we are trying to do right now is support our compliance team use Ruby the Robot. We have uploaded 4000 shops and we want our robot to help us plan every week 100 visits to different shops that will be visited by mystery shoppers. When the tasks for the mystery shopper visits will be populated, we have estimated we will save more than 2 human months.
Marisa Melliou
Group Audit Director
OPAP
Through the common controls framework we were able to accomplish a significant amount of consolidation about 93% of consolidation. We were able to reduce the 5128 requirements into a small set of about 326 controls.
Sundar Venkat
Director of Compliance
Salesforce
We have performed our annual compliance risk assessment in the tool. We have also used our tool this year for annual planning exercise.
Heidi Mosbek
Head of Group Compliance Strategy and Enablement
Zurich Insurance
We have started to aggregate risk data across the various risk taxonomies and risk types i.e. if an individual of our company or a client is showing up in more than 1 risk silo, it probably warrants an in depth review. This is obviously a much more complex system but the first results we are seeing of this holistic monitoring are quite promising. We have completely revised the controls framework for our key risk areas such as AML, Know Your Customer.
Matthias Supper
Managing Director, Global Head Compliance
Bank Julius Baer & Co. Ltd.
Better Insights.
Better Decisions.
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Measurable Outcomes
Strengthen compliance and avoid the risk of compliance violations, penalties and reputational damage with timely insights on the overall compliance posture.
MetricStream Compliance Management enables you to strengthen compliance and gain a contextual view of regulations by mapping them to policies, risks, controls, and processes. You can proactively identify potential compliance risks through streamlined processes for control documentation, assessments, and testing. Enable real-time compliance program monitoring leveraging data-driven reports and dashboards that provide in-depth visibility into compliance issues and the compliance posture across the organization.