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MetricStream and PRMIA to Host Bay Area Forum on Enterprise Risk Management

September 05, 2008 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced it is co-hosting a forum on Enterprise Risk Management in conjunction with the San Francisco chapter of The Professional Risk Managers' International Association (PRMIA) on 11 th September 2008 between 3 PM and 6:30 PM at 1300 Island Dr, # 106, Redwood City, California.

This invitation-only, complimentary forum provides an opportunity to hear from and network with the leading experts on sustainable Enterprise Risk Management (ERM) strategies. The recent mortgage crisis and Standard & Poor's announcements on their view of Enterprise Risk Management (ERM) as a company board level agenda item have highlighted the need for companies of all sectors to take a fresh look at the way they manage business and operational risks that directly affect their business performance.

"PRMIA's San Francisco chapter looks forward to co-hosting the Forum on Enterprise Risk Management with MetricStream," said David Millar, Chief Operating Officer of PRMIA. "There are several key challenges that global corporations are facing with respect to effectively managing Enterprise Risk Management programs. This forum will address these challenges and provide attendees with best practices around result-oriented risk mitigation strategies." Ms. Switzer will be joined by Gaurav Kapoor, General Manager and CFO at MetricStream, to discuss the issues surrounding CSR including environmental impact, emissions management, and occupational health and safety, directly impact the GRC strategy, corporate brand and reputation.

The featured speakers for this event include David R. Koenig - Founder, Ductilibility LLC (and former Chair, Board of Directors of PRMIA); Carl Groth - Firm Director, Risk Strategy & Analytics, Deloitte & Touche LLP; Bob Mark, CEO, Black Diamond and Gaurav Kapoor, CFO and General Manager, MetricStream. The agenda includes presentations on best practices and benchmarking for Enterprise Risk Management along with practical suggestions to build key execution frameworks. More information can be found at http://www.prmia.org/events/view_events.php?eventID=3117
 
"Enterprise Risk Management is assuming greater importance for business decision makers in the light of increased focus on mitigating risks and managing controls while reducing costs," said Gaurav Kapoor, CFO and General Manager at MetricStream. "The PRMIA forum, co-hosted by MetricStream, brings the best-of-breed thought leadership on Enterprise Risk Management to the Bay Area and will help facilitate continued dialogue and focused networking around this critical business function."

"A well-run ERM program's impact on the value of a company comes from many different angles, some typically overlooked," said David R. Koenig. "This event will explore some of those important elements to enhancing firm value which are easily underappreciated, or are not usually considered during the implementation of ERM."

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, American Airlines, NASDAQ, SanDisk, BP, Entergy, Subway, Fairchild Semiconductor, Hitachi and TaylorMade-Adidas Golf in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at www.metricstream.com.

About PRMIA
PRMIA is a higher standard for risk professionals. It's a fast-growing, collaborative network of risk professionals from around the globe, defining and implementing the best practices of risk management. From the cradle to the pinnacle of your career, as a PRMIA member you can gain sound risk management practices, increased awareness of ethical issues and standards of conduct, certification of your skills, access to professional development programs and the opportunity to participate in multiple networks for the free exchange of ideas with your peers. Please visit www.prmia.org for more information.

Media contact:
pr@metricstream.com