Meet our GRC Journey Award Winners 2023

Introduction

As the global market leader in governance, risk management, and compliance (GRC), MetricStream is honored to present the GRC Journey Awards each year. The awards celebrate and honor organizations, business partners, individuals, and customers that have made significant strides in their GRC Journey—turning risk into a strategic advantage. 

At the 2023 London GRC Summit this October, a selected list of GRC trailblazers who exemplify connected, high-value, and sustainable GRC programs were awarded. These visionaries have set the bar high by demonstrating exceptional advancements in their GRC programs. Discover the stories of these outstanding award winners as we showcase their impactful GRC journeys below.

dnata - GRC Journey Program Excellence Award, 2023

As one of the world’s largest air services providers, offering ground handling, cargo, catering and travel services, dnata operates in 129 airports spanning 35 countries across 6 continents—with over 50,000 employees serving 320 airline customers. As part of its safety and security standards, dnata requires a robust GRC program that can offer visibility into the ever-changing risk and incident scenarios across its global operations and allow decision-makers to assess and respond to the dynamics of its business operations.   

dnata leveraged MetricStream’s GRC products, including Enterprise Risk Management, Incident Management, Policy and Document Management, Observations Management, Issue Management, and Compliance Management, and rolled it out across web and mobile-based channels with support for multiple languages. The results were proactive frontline engagement and faster decision making capabilities.

Watch David Storey, from dnata, explain how they achieved a centralized view of risks, improved frontline engagement, and more.

Almarai - GRC Journey Award, 2023

Headquartered in the Kingdom of Saudi Arabia, Almarai, is the world’s largest vertically integrated dairy company and the region’s largest food and beverage manufacturing and distribution company. Almarai ranks as the number one Fast Moving Consumer Goods (FMCG) brand in the Middle East & North Africa (MENA) region and is the market leader in most of its categories across the Gulf Cooperation Council. 

To move from manual processes and gain a connected approach to risk and issue management, Almarai leveraged MetricStream’s Enterprise Risk Management and Business Continuity management products. Today, they have achieved a 50-70% reduction in efforts with automated workflows, streamlined processes, and a defined common risk taxonomy. 

Watch Gordon Bateman from Almarai, share their incredible success story. 

Siemens Energy, GRC Journey Award, 2023

As one of the world’s leading energy technology companies, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. Operating in a highly regulated environment, Siemens Energy wanted to improve its GRC maturity, strengthen its GRC program to increase resilience, and enhance cross-functional collaboration and communication. 

To build a single source of truth that would help them better understand the risk and impact of failures across its business processes and technology infrastructure and ensure that global cybersecurity and ITIL compliance requirements are being met, Siemens Energy leveraged MetricStream’s Enterprise Risk Management, IT Risk, IT Compliance, SOX Controls Testing, Policy Management, and Third Party Management products. 

Dorothea Liebl, from Siemens Energy, discusses how they achieved GRC maturity and improved decision-making. Watch now.

Nordea - GRC Journey Practice Leader Award, 2023

Nordea is the largest financial group in the Nordic countries, with a strong market position in personal banking, business banking, large corporate and institution banking, and asset and wealth management. They currently operate across 20 different countries with 30,000 employees. 

To automate and modernize their GRC program and enhance visibility into their risk and compliance processes, Nordea leveraged MetricStream’s Enterprise Risk, Business Continuity Management, Policy Management, IT Risk, IT Compliance, Regulatory Change, and SOX Compliance products. They have now increased visibility and measurement into key risks by linking KRIs as well as amplified the speed, agility, and scalability of IT Risk and IT Compliance processes. 

Brian F. Sørensen from Nordea shares how they implemented an integrated risk management strategy. Watch now. 

Petroliam Nasional Berhad, (PETRONAS)- GRC Journey Visionary Award, 2023

A MetricStream customer since September 2021, Petroliam Nasional Berhad (National Petroleum Limited), better known as PETRONAS, is a Malaysian oil and gas company wholly owned by the Government of Malaysia. The corporation is vested with all oil and gas resources in Malaysia and is entrusted with the responsibility of developing and adding value to these resources. Petronas is ranked among the Fortune Global 500 largest corporations in the world. 

To strengthen its GRC program and build resilience, PETRONAS embarked on a journey to ensure critical control and decision-making insights for the organization driven by three core organizational goals: agility, resiliency, and sustainability. PETRONAS leverages MetricStream’s Third-Party Risk, Business Continuity Management, IT & Cyber Compliance, IT & Cyber Risk, and Policy and Document Management products to support their BusinessGRC and Cyber/ITGRC programs. 

Nor Harliza Baharom, from PETRONAS shares details on their compliance journey, GRC strategy, and the use of MetricStream products. Watch now. 

Embark on Your GRC Journey with Confidence and Expertise by Partnering with MetricStream

Empower your GRC journey with our ConnectedGRC solutions, which include our BusinessGRC, CyberGRC, and ESGRC product suites. With MetricStream ConnectedGRC, you can go beyond a traditional integrated approach that focuses solely on technical program integration and embrace a more interconnected business-level approach that provides a single source of truth with all the risk insights you need to build your GRC programs to be future-ready. 

Request a demo now. 

Watch the videos of Autodesk, Guidewire, Apple Bank, CHN Industrial, and dnata, who were awarded the GRC Journey Awards at the 2023 Miami GRC Summit this June.