January 06, 2011 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced that the Federal Home Loan Bank of Chicago (FHLBC) has chosen MetricStream to integrate its GRC initiatives across the enterprise using MetricStream GRC as its single platform. MetricStream GRC Platform will enable FHLBC to manage risks, streamline its compliance reporting and documentation, and track and remedy exceptions.

“We are extremely pleased to partner with FHLBC,” says Gaurav Kapoor, CFO and General Manager at MetricStream. “FHLBC's selection of MetricStream cements our position as the preferred GRC provider for banks and financial services organizations.”

About the Federal Home Loan Bank of Chicago
The Federal Home Loan Bank of Chicago is an $87.7 billion wholesale bank, serving the needs of member financial institutions located in Illinois and Wisconsin. The FHLB Chicago's mission is to work in tandem with these member institutions to provide liquidity, term funding, mortgage purchase options, and direct support for community investment and affordable housing initiatives.

About MetricStream

MetricStream, the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management, makes GRC simple. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users in dozens of industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and R&D center in Bangalore, India, and sales and operations support in 12 other cities globally. (www.metricstream.com).

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Molly Palm : pr@metricstream.com | (925) 451-1468

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