January 05, 2016 | Bangalore, India: MetricStream Inc., the global market leader in Governance, Risk and Compliance (GRC) Management Apps has announced a strategic alliance with Tech Mahindra Limited, a leading provider of IT, Networks & Engineering solutions and BPO services, to deliver GRC Solutions to organizations across the globe.

MetricStream’s leading enterprise and cloud apps for GRC allow clients to strengthen risk management, regulatory compliance, vendor governance and quality management while driving better business performance. Tech Mahindra has been working with MetricStream products and solutions on integration and acceptance testing, as well as defining, implementing and testing end-to-end GRC processes. Working together, MetricStream and Tech Mahindra will help simplify governance, risk and compliance for leading modern and digital enterprises.

To further strengthen the alliance, Tech Mahindra has established a dedicated MetricStream GRC Center of Excellence (CoE) in Bangalore, India, which will be supported by expert consulting services worldwide across various geographical markets. The combined GRC offerings will target verticals such as BFSI, Retail, Manufacturing, Healthcare, Telecom and Infrastructure.

Over the next three years, this CoE will house certified professionals trained by MetricStream University, equipped with solution competencies and implementation capabilities, spanning industry verticals. The CoE will also develop niche solutions for vertical markets leveraging platform-as-a-service (PaaS) technology on the MetricStream platform.

Rohit Bedi, Senior Vice President of Global Partnerships and MetricStream University at MetricStream said, “GRC today is at the heart of all organizations. There is an increasing concern over corporate governance globally, which gives rise to the need for effective risk and compliance management. This Center of Excellence will help our global customers gain access to best-of-breed solutions taking advantage of Tech Mahindra’s long experience in implementation and integration services and MetricStream’s market leadership in GRC products.”

Vivek Agarwal, Global Head-Enterprise Verticals at Tech Mahindra said, “Organizations are looking for a holistic view of risk and compliance through the use of GRC solutions as each of these inter-related disciplines impacts business performance of organizations. TechM has created strategic alliance with MetricStream, a globally acclaimed GRC product vendor, to offer customers a powerful and flexible platform that will allow them to deal with an increasingly complex business environment and provide a focus on accountability. We are extremely excited to have this global product alliance with Metricstream. This represents a new chapter in our relationship; one that we expect will lead to unique and powerful GRC solutions and additional benefits to our clients.”

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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