February 13, 2017 | Palo Alto, CA: MetricStream, a market leader in Governance, Risk, and Compliance (GRC) apps and solutions, announced the formalization of its ongoing strategic partnership with NCS, a leading Information, Communications, and Technology (ICT) service provider, to help customers build world-class GRC programs that drive exceptional business performance.

This announcement is the culmination of a successful association over the last two years, where NCS and MetricStream have partnered to provide solutions to customers that demonstrate the synergy in the vision and values of both organizations. A case in point, the Great Eastern Life (GEL) project is a joint solution developed and executed by NCS and MetricStream, which addresses the organizations’ requirement of complying with the Balanced Scorecard Framework proposed by the Monetary Authority of Singapore (MAS).

The formalization of thpartnership reflects the commitments of both parties to provide complete market coverage for a range of GRC requirements in Singapore, as well as joint expansion into new geographies such as Hong Kong and China, which are demonstrating an increased demand for GRC requirements. NCS’s market expertise in the innovative use of technology across government, financial services and commercial business and enterprises, combined with MetricStream’s industry-leading GRC apps and solutions, will enable customers to better understand and manage their risks, enhance compliance with a range of local and global regulations, and preserve their corporate integrity.

“Global market volatilities and geopolitical shocks, coupled with complex international regulations and emerging cyber threats, are driving organizations across the Asia-Pacific region to re-evaluate their risk and compliance processes,” said Mr. Lai Weng Yew, Vice President, Business Application Services, NCS. He continued, “Through our partnership with MetricStream, the GRC software market leader, we aim to deliver the tools and services companies need to establish an integrated, pervasive, and forward-looking approach to GRC which, in turn, will help them strengthen business performance and resilience.”

“We are delighted to partner with NCS and are committed to a long-term relationship as we extend our partnership across China, Singapore, Hong Kong, Malaysia, and other Asia-Pacific countries, and expand into multiple industry verticals in these regions such as financial services, telecom, and manufacturing,” said Rohit Bedi, Senior Vice President and Head of Global Partnerships at MetricStream. He continued, “Bringing two best in class market leaders to provide a seamless technology and service solution will greatly benefit our clients as they build successful GRC programs.”

“NCS has a deep understanding of industry and client needs in this region and brings to the table a robust delivery team with a strong track record in ICT services, dealing with some of the biggest and most well-known organizations, including banks and financial service providers. Together, we are committed to delivering GRC software solutions and services that empower organizations to overcome their unique GRC challenges,” added Sudeep Chatterjee, Senior Director & Head of Partnerships for APAC & MEA regions at MetricStream.

About NCS

NCS is a member of the Singtel Group and the leading information, communications and technology (ICT) service provider with presence in over 20 countries. NCS delivers end-to-end ICT solutions to help governments and enterprises realise business value through digital transformation and the innovative use of technology. Its unique delivery capabilities include consulting, applications development, systems integration, outsourcing, infrastructure management and portal solutions. It also provides mobility, social networking, business analytics and cloud computing services.

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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