November 26, 2012 | Palo Alto, California: MetricStream, the market leader in enterprise-wide Governance, Risk, and Compliance (GRC) and quality management solutions, and California Bankers Association will be hosting the West Coast Compliance Roundtableon November 27, 2012, at the Hyatt Hotel in Huntington Beach, California.  Audit, risk, and compliance experts will convene at the event to discuss regulatory challenges that banks and financial institutions face today, and share best practices around transforming compliance management programs to effectively address today’s compliance risks.

During the event, Susan Palm, Vice President of Industry Solutions at MetricStream will join Bob Karchinski, Senior Vice President and General Auditor at Boston Private Financial Holdings, Susan E. McGovney, Senior Vice President and Chief Compliance Officer at City National Bank, and Veronica Johnston, Risk and Compliance Officer and Assistant Manager at Mid Country Financial to lead a discussion on “Streamlining Compliance Risks to Meet Regulatory Expectations.”

With evolving regulatory changes such as the Dodd-Frank Wall Street Reform, emerging compliance requirements from the Consumer Financial Protection Bureau (CFPB), and UDAAP (Unfair, Deceptive or Abusive Acts or Practices), banks and financial services institutions are faced with the challenge of continuously updating their compliance management programs. To protect themselves from substantial fines and reputational damage, organizations are cultivating a risk-aware culture across the organization, and implementing processes that will help them better assess, manage, and report their compliance risks. During this panel discussion, the speakers will provide practical strategies and approaches that banks and financial services institutions can implement to build a centralized and streamlined compliance management program that will help them meet the regulatory requirements, mitigate their risks in real time, and reduce legal expenses resulting from non-compliance.

The MetricStream Compliance Management Solution is built on a common GRC framework that enables banks and financial services organizations to achieve compliance with federal and state laws and regulations. The solution is embedded with best practices, access to training content from an expert community, automated information flows, assessments and testing, and remediation assignments to ensure consistent compliance and control processes across the enterprise. The powerful MIS capabilities and dashboards enable streamlined reporting and provide enterprise-wide visibility into the compliance management process, highlighting issues that need to be addressed in real time.

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).

Press contacts

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

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