July 21 | Palo Alto, California: MetricStream, a market leader in Governance, Risk, and Compliance (GRC) Apps, announced that it has been positioned by Chartis as the “Category Leader” in the 2015 Chartis Research RiskTech Quadrant®, as part of the Chartis Enterprise GRC Solutions 2015 report. According to Chartis, “Category leaders are considered to be risk technology vendors that have the necessary depth and breadth of functionality, technology, and content, combined with the organizational characteristics to capture significant market share by volume and value.”

The Chartis report noted, “Enterprise GRC requires integration, alignment and linkage. The concept of ’connected GRC’ is more important now than ever before and it can only be achieved through next generation data management, business intelligence and analytics technologies.”

The Chartis report further states that enterprise GRC enables organizations to build a holistic and highly efficient approach to GRC. According to the report, a federated GRC platform provides the visibility needed to effectively manage a wide range of enterprise risks, and to strengthen compliance with multiple regulations. Some platforms also provide advanced big data analytics, mobility capabilities, and regulatory notifications which enable businesses to get optimal value out of their GRC program.

Peyman Mestchian, Managing Partner at Chartis said, “MetricStream has successfully strengthened the GRC programs of organizations around the world with their comprehensive GRC apps and content solutions. MetricStream’s federated GRC platform facilitates aggregation and visualization of enterprise risk and compliance data through a robust technology framework. MetricStream’s ongoing commitment to GRC is evident in their ongoing investment in R&D and thought-leadership.”

This report serves as an update to the Chartis Enterprise GRC Solutions 2014 report, and highlights that across all industries, enterprises are looking to connect risk and compliance to performance. The concept of Enterprise GRC is a critical business priority, and can be achieved by combining advanced data management, business intelligence, and analytics

“We are delighted to be recognized by Chartis as the Category Leader in the 2015 Chartis RiskTech Quadrant® for Enterprise GRC Solutions. Our endeavor is to enable organizations to establish structured governance, risk management, and compliance processes in alignment with corporate objectives,” said Gaurav Kapoor, Chief Operating Officer at MetricStream.

About Chartis

Chartis is the leading provider of research and analysis on the global market for risk technology. Its goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance. Chartis helps clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.

RiskTech Quadrant® and RiskTech100® are registered trademarks of Chartis Research limited. Visit www.chartis-research.com .

About MetricStream

MetricStream is the independent market leader in enterprise cloud applications for governance, risk, compliance (GRC), and quality management. MetricStream apps and software solutions improve business performance by strengthening risk management, corporate governance, regulatory compliance, audit management, vendor governance, and quality management for organizations across industries, including banking and financial services, health care, life sciences, energy and utilities, consumer brands, government, technology, and manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and GRC innovation center in Bengaluru, India, and sales and operations support in 12 other cities globally.(www.metricstream.com).

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