March 11, 2020 | Sydney, Australia, Palo Alto, California, USA: MetricStream, a market leader in governance, risk and compliance (GRC) products and solutions, today announced it is accelerating its investment in Australia and New Zealand. This follows the company’s stepped up growth in Europe and UK and is in response to the increased volume and velocity of risk and regulatory change globally, and the need for businesses to "Perform with IntegrityTM". MetricStream’s expanded presence will also serve as a gateway to the growing Asia market.

Phillip Beniac is heading MetricStream’s expanded operations in Australia and New Zealand. “Our region has enjoyed tremendous growth over the decades, well over any OCED country,” says Beniac. “Today, executives are seeing the need to equip their businesses with the ability to manage and mitigate risks, whether it be local changes to legislation and regulations, or to the more global challenges such as trade agreements and pandemics. These risks need to be captured and considered and a part of everyday decision-making.”

Beniac has previously served in the role of vice president in leading the APAC regions for multiple companies, including Qlik, IBM and SAS, where he led all aspects of market development. During his decades-long career, he developed a network of offices and partners in more than 30 countries, and has hands-on experience in information technology,  customer growth, and senior executive  management, across enterprise and mid-market markets.

The Sydney-based MetricStream team will partner with customers to build their GRC strategy utilizing the state-of-the-art, cloud-native M7 platform and suite of GRC solutions, to identify risks and opportunities to improve business performance, while protecting reputational value.

Gaurav Kapoor, Chief Operating Officer and ‘Office of the CEO’  at MetricStream, says, “Given our success with markets in North America, Europe and Asia, we’re excited to expand our footprint in Australia and New Zealand with a seasoned leader like Phillip Beniac. MetricStream’s global delivery, support and partner ecosystem will be strengthened by investments in local Australian resources to serve our customers.”

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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