February 22, 2013 | Palo Alto, California: MetricStream, the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, announced today its participation at the Utilities and Energy Compliance and Ethics Conference which will be held from February 24-27, 2013 in Houston, Texas.
Today, utility and energy companies are faced with more stringent compliance regulations than ever before. Organizations are looking for robust and streamlined programs which can help them address various regulatory compliance requirements and protect the business from reputational damage arising from poor risk management or non-compliance.
During this conference, MetricStream will demonstrate some of its industry-leading solutions which have been implemented by private and public companies in the energy, oil and gas, and utilities sectors.
MetricStream's integrated GRC solutions address a multitude of mandatory regulatory requirements such as FERC (Federal Energy Regulation Commission), NERC (North American Electric Reliability Corporation), NERC CIP, EPA, to drive a culture of compliance across the organization.
Built on a centralized GRC platform, MetricStream solutions provide an integrated approach to managing the complete GRC spectrum including Compliance Management, Risk Management, Audit Management, Issue and CAPA Management, and Environmental Health and Safety Management. These solutions streamline and automate the end-to-end GRC workflows around policy creation and management, control design and assessments, survey management, periodic audits, issue investigation and remediation, and communication and training. Embedded best practices and control frameworks such as COSO and COBIT help define and implement controls for risk mitigation and compliance management. The MetricStream solutions also support control assessments based on predefined criteria and checklists with a mechanism for scoring, tabulating, and reporting results. Powerful dashboards and reports provide real-time insights into control management processes and metrics, enabling managers to make quick, proactive, and informed decisions.
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).