October 01, 2012 | Palo Alto, California: Leading practitioners and experts in the field of compliance and ethics from across the globe will convene at the 20th Annual Ethics and Compliance Conference organized by the Ethics and Compliance Officer Association (ECOA). The conference will be held on October 2-5, 2012 at Missouri and aims to provide an opportunity for ethics and compliance executives to learn about strategies and best practices on how to strengthen compliance programs within their organizations. MetricStream, the market leader in enterprise-wide Governance, Risk, and Compliance (GRC) solutions will be participating in the event and will have its Vice President ComplianceOnline Advisory Services, Keri Dawson speaking along with reputed GRC analyst and President of Corporate Integrity, Michael Rasmussen, in a session on “An Evolving Role: The Chief Ethics and Compliance Officer” on October 03.
Sweeping economic and regulatory changes, and the rise in criminal prosecutions against bribery, insider trading, fraud and other corrupt activities have compelled organizations to re-define the roles of their Chief Ethics and Compliance Officer. The role of a Chief Ethics and Compliance Officer has evolved beyond focusing on industry-specific regulatory requirements and occupies a more critical position that is responsible for building and maintaining an ethical framework within the organization. Their role demands that they are aware of the inherent risks in the competitive global business arena and emerging regulations imposed by regulatory bodies while also collaborating with the different departments across the organization and ensuring that the reputation and integrity of the organization is guarded.
MetricStream Corporate Governance Solution uniquely combines software and content and helps organizations to streamline governance programs and facilitates adherence to corporate compliance regulations like SOX, Anti-money laundering, the Foreign Corrupt Practices Act, company ethics, consumer privacy, and the Patriot Act. Critical corporate governance principles on ethics, codes of conduct, compensation, and financial policies are systematized and powerful tools such as balanced scorecards and risk heat maps monitor performance and support decision-making, thus helping organizations to increase shareholder value and improve business performance.
The legal GRC solution offered by MetricStream provides a comprehensive and advanced framework to integrate and streamline all legal GRC activities across the enterprise including all legal mandates, regulatory requirements, and internal policies. Built on a centralized platform the solution facilitates coordination across departments, business units, and geographies and ensures accountability and transparency in a company’s processes, systems, protocols, structures, operations, and controls. Graphical role-based dashboards, reports and heat maps provide compliance officers with a single, complete, and real-time view of ongoing legal compliance efforts across the organization, while highlighting high-risk areas. The solution also offers access to legal training content from MetricStream’s leading compliance portal - ComplianceOnline.com which enables the legal department to effectively interpret and implement new regulations, and build an effective legal GRC program.
MetricStream is a market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management Solutions. MetricStream solutions are used by leading global corporations in diverse industries such as Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-tech and Manufacturing to manage their risk management programs, quality management processes, regulatory and industry-mandated compliance and other corporate governance initiatives. MetricStream’s customers include Procter & Gamble, UBS, Societe Generale, Pfizer, Philips, Cummins, Kellogg’s, Mondelez International, SanDisk, and NetApp. MetricStream also owns and operates the www.ComplianceOnline.com portal - the largest GRC advisory network and one of the largest GRC communities. MetricStream is headquartered in Palo Alto, California, USA (www.metricstream.com).