CanadaBuys #AB-2026-06226

ATB Financial seeks proposals for Governance, Risk, and Compliance (GRC) technology tool replacement

ATB Financial is seeking to modernize its risk management ecosystem by replacing its current Metricstream application with a new enterprise-grade Governance, Risk, and Compliance (GRC) technology tool. - Government buyer: - ATB Financial, Alberta, Canada - OEMs and vendors: - Metricstream (incumbent application) - Products/services requested: - Replacement of Metricstream GRC application - New GRC platform with: - Real-time risk analytics - Dynamic regulatory change tracking - Automated workflow capabilities - Seamless integration with existing data infrastructure - Unique or notable requirements: - Platform must be flexible, highly secure, and unify risk management across all lines of defense - Must align with regulatory frameworks, specifically OSFI Guideline E-21 - Data residency compliance within Canadian borders is mandatory - Vendors must demonstrate technical maturity and a proven track record with major North American financial institutions - No specific part numbers or quantities provided

Description

ATB Financial is seeking proposals to replace the Metricstream application with a new Governance, Risk, and Compliance (GRC) technology tool. The selected platform should modernize, streamline, and centralize the integrated risk management ecosystem, providing a flexible, secure solution that aligns with regulatory frameworks such as OSFI Guideline E-21. The application must offer real-time risk analytics, regulatory change tracking, automated workflows, and integration with existing data infrastructure. Vendors must demonstrate technical maturity, data residency compliance within Canada, and a proven track record with major North American financial institutions.

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