November 13, 2007 | Redwood Shores, CA - MetricStream, the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced two new corporate training programs that will be offered through its ComplianceOnline.com portal, the community-based "open-source" training platform. ComplianceOnline.com Training Management Platform provides training through its network of content partners, expert trainers and compliance specialists from around the world. It provides corporations a comprehensive view of all compliance training requirements, automates the course selection by role, configures training schedules for employees and delivers certification. The company has introduced comprehensive courses on Insider Trading and Code of Conduct as part of its Training Management platform.
Cultivating a culture of compliance and maintaining a high level of integrity among employees are growing challenges today due to greater regulatory oversight and investor activism. "Companies need to help employees adapt to new policies and procedures especially as they move from being a privately managed company to a public company. Insider Trading and Code of Conduct training are proving to be integral to creating an informed workforce leading to ethical decision making", said Pankaj Srivastava, General Manager of ComplianceOnline.com. "CFOs and General Counsels are concerned with hundreds of tasks involved in the process of taking a company public. We recognized the need for providing a managed solution that allows them to be confident that critical workforce training would not be another difficult task to manage", said Srivastava.
Further to providing guidelines, monitoring processes and providing constant access to information, training employees on compliance and ethics is essential to ensure effective implementation of governance programs. Training is the most effective method for quick adoption, propagation and preservation of the company compliance code among employees. ComplianceOnline.com hosted training solutions eliminate the need for companies to deploy expensive internal IT resources for managing training.
The new corporate training programs from ComplianceOnline.com focus on the most critical needs of public companies today.
ComplianceOnline.com course offerings are unique as they bring together a comprehensive repository of content and a framework for simplified training delivery and tracking. The solution ensures that the training requirements are fully met and recorded from a compliance standpoint as well as provides employees easy access to a variety of training programs delivered by expert trainers and compliance specialists. The corporate training programs are pre-configured to specific industries, roles and functions and support scenario-based learning on critical aspects.
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).