The Virtual MetricStream GRC Summit Starts with a Flourish

The day’s agenda includes compelling keynotes, engaging panel discussions and insightful customer case studies.

San Jose, California, November 17, 2020: Day one of the MetricStream GRC Summit 2020 brought together a fantastic group of influential minds in governance, risk, compliance, audit, and cyber from across the world, to focus on the key trends, technologies, strategies, and challenges driving business forward during this crippling and unpredictable pandemic and beyond.

In the opening keynote from MetricStream CEO Bruce Dahlgren spoke of the importance of being risk aware in these uncertain times. He presented the MetricStream perspective on the pandemic: “For us, the first wave was about weathering the storm – keeping our employees safe, new communications tools, team meetings, networking, building new ways to keep our people safe and productive”– which was similar to so many organisations. “The second wave was really about this disruption – how do we accelerate the company and take advantage of the situation now that we have people safe at home? We’ve really reimagined our entire business to change the way we interact with our customers and the markets.”
“While we progressed in our journey towards digital transformation, the environment we’ve created has increased risks.”

Gaurav Kapoor’s presentation was centred on how Integrated Risk Management Programs are changing to adapt to the New Normal. He expanded on three emerging themes. One is that companies likely will not only look at the impact, but also the velocity of risk. Another is awareness of peripheral risk which is changing beyond the traditional boundaries. Modern technologies and models are being used a lot more than traditionally. The third is about empowering the frontline to decide and act, fostering a culture of compliance and risk awareness. From a technology perspective, integrated risk management is moving towards an integrated risk platform that uses market standard use cases, transactional data, and market collaboration.
“Volatility, peripheral risk vision, agility, frontline, and harmonization will ensure you are prepared, and not just surviving but thriving in the new normal.”

Of the many panel discussions of the day, here are details of a few...

The first panel discussion of the day was a CEO’s View: Driving Sustainable Governance During the Pandemic. An illustrious panel of leaders who presented a CEO perspective featuring Paola Corna Pellegrini, Chief Executive Officer, Allianz Partners and President – CEOs Italian Association, Marcello Cattani, President and Managing Director, Sanofi SRL, Isabella Fumagalli, Chief Executive Officer and General Manager, BNP Cardif.,Bruce Dahlgren, Chief Executive Officer, MetricStream moderated by: Marco Icardi, President – Europe, MetricStream.

The panellists discussed sustainable approaches to navigating the pandemic , putting employees first, building trust with stakeholders, reinventing approaches and giving back to society.

The last panel of the day was on the topic of Reimagining Risk Management for 2020 and Beyond.

Panellists Eileen Fahey, Chief Risk Officer, Fitch Group, Tammy Wilson, Vice president, Treasurer and Chief Risk Officer, Tennessee Valley Authority, Rajal Vaidya, Chief Risk Officer- Corporate and Investment Bank and Absa Regional Operations, Absa Bank Ltd., Nico Van der Merwe, Executive Officer- ERM, Capricorn Group were moderated by Margaret Gesualdi, Head - Eastern U.S. and Canada Solutions, MetricStream.

The panel covered the rapidly evolving risk environment today with accelerated digital transformation new business models, changing competitive landscape serving up new risks and opportunities in the banking and financial services industries. The panellists opined that risk functions will need to evolve to keep pace with these changes, leverage new technologies like fintech while preparing for the unknown risks.

In the last session of the day, MetricStream’s Founder and Executive Chairman Gunjan Sinha hosted Juan Guitard Marin from Banco Santander in a fireside chat in which he outlined the three dimensions of risk while discussing how organizations can build resilience, seize new growth opportunities, and successfully navigate the expanding risk universe, emphasizing that the pandemic has highlighted the digital transformation for us. Juan Guitard Marin from Banco Santander, added that he believed that digital transformation has accelerated - this will allow organizations to achieve positive results and is the biggest change in history.

“Focus on GRC by design – all new technologies give you the opportunity to build really resilient projects on the basis of GRC”Juan Guitard Marin, Senior Executive Vice President and Chief Audit Executive, Banco Santander SA.

An exciting new addition to this Summit is the “Ask The Expert’ chat room, where attendees can reach out to any MetricStream experts to better understand its products and solutions. Attendees can also book an appointment with our Executives. Learn more.

The MetricStream GRC Summit will be held from November 16 – 18. Don’t miss out on the excitement! Register now

About the GRC Summit
This is the eighth year of the GRC Summit. Past keynote speakers include General Colin L. Powell, former U.S. Secretary of State and National Security Advisor; Nassim Nicholas Taleb, author of the New York Times bestseller The Black Swan; Jim Quigley, CEO Emeritus, Deloitte, and Member of the Board, Audit Committee Chair, Risk Committee & Credit Committee, Wells Fargo & Company; and Lowell McAdam, CEO, Verizon Communications, among others. The event is one of the most influential gatherings of GRC business leaders, board members, regulators and practitioners.

About MetricStream

MetricStream is the global market leader for Integrated Governance, Risk, and Compliance (GRC) solutions, delivering the most comprehensive solutions based on an Integrated Risk Platform, intelligent by design. MetricStream’s purpose-built platform is proven with over a million global users, designed to serve GRC use cases across industries and powered by deep domain expertise, embedded content, rich context, integrated data and explainable AI. Since 2008, MetricStream has empowered organizations to intuitively harness frontline intelligence that enables all stakeholders to make real-time, risk-aware business decisions.

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