November 2, 2017 | Palo Alto, California: MetricStream, the independent market leader in Governance, Risk, and Compliance (GRC) Apps and Solutions, today announced that it has been honored as one of the Top 100 Most Innovative RegTech companies in the world, according to the 2017 Global RegTech100 Report.

The 2017 Global RegTech 100 Report is a compilation of the world’s most innovative providers of regtech solutions that address today’s most pressing regulatory challenges and requirements. Due to the complexity and volume of ever-changing regulations, organizations today are turning to MetricStream’s flexible, modern, and cloud based solution that simplifies and strengthens compliance with regulations, improves visibility into control effectiveness, and ensures timely issue remediation.

According to the award organizers, “RegTech (regulatory technology), is now regarded as one of the largest and most important sectors within the rapidly emerging FinTech space. As banks and other financial institutions grapple with the costs and complexities of mission-critical regulatory requirements, the RegTech 100 was produced to identify the 100 innovative companies that every financial institution needs to know about in 2018.”

The 100 honored companies were chosen by a panel of industry experts for their innovative use of technology to generate efficiencies and performance enhancements across the compliance function within financial institutions, which spend tens of billions of dollars on this area each year.

MetricStream provides a suite of apps to address the complete governance, risk and compliance program landscape, built on top of its industry leading GRC platform. The MetricStream M7 Compliance Management App is used by financial institutions around the world to provide true intelligence and automation around compliance. The app’s common framework helps manage a wide range of compliance requirements in an integrated manner, while also aligning internal policies, standards, laws, and regulations. The app enables users to capture, store, and monitor regulations through integrations with reliable and authoritative regulatory content sources. Users can also map regulatory updates to risks, controls, and policies, and stay informed on these updates through automated notifications and alerts.

Commenting on this recognition, MetricStream Chief Operating Officer Gaurav Kapoor said, “We are delighted to be recognized as one of the “Top 100” most innovative RegTech companies in the world.” He continued, “RegTech is a rapidly growing space and significant investments are being made in order to truly bring together the areas of risk management, predictive analytics, regulatory surveillance, Know your Customer (KyC), and behavioral analytics. MetricStream partners with the world’s largest and most trusted brands to provide the overarching platform for risk and regulatory requirements, with a sharp focus on usability, pervasiveness, deep analytics, and a leading cloud infrastructure."

To access the report, click here.

About MetricStream

MetricStream, the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management, makes GRC simple. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users in dozens of industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and R&D center in Bangalore, India, and sales and operations support in 12 other cities globally. (www.metricstream.com).

Press contacts

Molly Palm : pr@metricstream.com | (925) 451-1468

Download the online press kit

Request a demo Download RFP Template Pricing Contact