November 02, 2012 | Palo Alto, California: The third Annual Pacific Northwest Enterprise Risk Forum (ERF) aims to help organizations redefine their Governance, Risk, and Compliance (GRC) strategies in the risk-driven and dynamic business environment. The event will be held on November 7, 2012 in Bellevue, Washington and will revolve around the theme "Rethinking Risk: Priorities for Turbulent Times." Participants will get an in-depth insight into the risks that organizations have been exposed to due to the geopolitical, technological, and environmental changes, and learn best practices for drawing a valuable GRC roadmap. As a market leader in enterprise-wide GRC solutions, MetricStream will be showcasing its industry-leading Enterprise Risk Management (ERM) and IT-GRC solutions in a one-hour session during the event.
In this era of rapid technological advancements and market developments, coupled with emerging risks and compliance requirements, organizations are looking at an effective defense mechanism that would help them steer through high-risk IT and enterprise threats. Implementing an effective and efficient ERM program has become a staple requisite across organizations. While organizations are looking for an ERM program that helps mitigate risks and ensure compliance, they also need to ensure that it reduces business complexities and improves business performance.
MetricStream ERM Solution has enabled many companies to reduce the probability of unexpected disruptive business events. The solution enables organizations to identify, assess, quantify, monitor, and manage their enterprise risks in an integrated manner and gathers all information related to risk management in a single solution. In-built workflow capabilities streamline the risk assessment processes, and risk heat maps help prioritize critical risks, thus enabling better strategic decision-making based on the risk response.
IT-GRC is yet another priority for organizations to alleviate the growing security and information breaches that have developed due to rise in use of mobiles and social media to access information. What organizations need is an IT-GRC solution that delivers risk-intelligence, adheres to IT compliance requirements but at the same time encourages organizations to confidently adapt and leverage technological trends that helps meet business objectives.
MetricStream's IT-GRC Solution is recognized for its flexibility and workflow-driven approach which enables organizations to manage, communicate, and implement IT policies and procedures across the enterprise. The solution systematizes IT GRC processes, manages IT risks, and meets IT regulatory requirements. Automated alerts ensure that IT risks are identified and managed in real-time. The solution also enables integration of IT GRC processes with enterprise GRC programs to standardize processes and improve collaboration across the enterprise.
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).