Overview of Nationwide Building Society
Nationwide Building Society, a prominent financial institution, has been recognized for its exceptional approach to Governance, Risk, and Compliance (GRC). Under the leadership of Sarah Harman, Leader ERMF & Risk Systems, Nationwide has exemplified a commitment to best practices in managing risks and ensuring compliance within the organization.
The Role of MetricStream
MetricStream's GRC solutions have played a pivotal role in Nationwide's success. The company's ConnectedGRC, BusinessGRC, and CyberGRC platforms have enabled Nationwide to streamline their GRC processes, enhance visibility into risks, and strengthen compliance efforts. The use of Enterprise Risk Management Software, Operational Risk Management Software, and Compliance Management Software has provided Nationwide with a comprehensive framework for managing risks effectively.
Benefits of MetricStream Solutions
By implementing MetricStream's solutions, Nationwide Building Society has experienced numerous benefits. These include increased efficiency in risk management processes, improved decision-making through data-driven insights, enhanced communication and collaboration across teams, and adherence to regulatory requirements. MetricStream's IT & Cyber Risk Management Software has also bolstered Nationwide's cybersecurity posture, ensuring robust protection against cyber threats.
Recognition and Future Outlook
Nationwide Building Society's achievements in GRC, supported by MetricStream's solutions, have not gone unnoticed. Winning the GRC Journey Award is a testament to Nationwide's commitment to excellence in governance, risk management, and compliance. Looking ahead to 2025, Nationwide is poised to address emerging GRC challenges and prioritize strategies that align with their organizational goals, leveraging MetricStream's expertise to navigate the evolving regulatory landscape successfully.