February 19, 2010 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced that it is hosting a complimentary webinar titled " Beyond Basel II Compliance: Integrated Operational Risk Platform as a Competitive Differentiator" on Tuesday, February 23, 2010 at 9:00am Pacific (12:00pm Eastern).

To register for this webinar, Click here

Banks and financial service organizations that have tried to build their operational risk programs in isolation by focusing on specific regulatory requirements face several challenges. Limited data, complex interdependencies and disintegrated approach to operational risk management (ORM) inhibit business performance and leads to poor compliance.

A holistic approach across all business units and geographies including finance, operations, IT, quality and other organizational functions improves visibility, reduces liabilities and drives better business performance leading to an efficient, sustainable and cost-effective ORM program. Banks and financial service providers must align their ORM requirements with the core business objectives and utilize integrated technology to manage enterprise-wide risk.

Participants of this webinar will learn how a holistic approach to risk management tied into corporate governance can be a competitive advantage. The online webcast will be presented by MetricStream ORM and GRC experts and will highlight best practices for:

  • Adopting and promoting good risk governance culture
  • Creating a structured approach with standardized processes and procedures
  • Structuring risk and performance data through a risk rule engine
  • Deploying an integrated GRC platform for managing risk across the enterprise

MetricStream ORM software application is an end-to-end solution built on the industry-leading MetricStream Enterprise GRC Platform. With powerful risk and policy management, KRIs, analytics, assessments and certifications, continuous control monitoring, loss management, automated remediation and regulatory content capabilities, MetricStream helps financial institutions optimize capital allocation while mitigating risks across their operations.

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

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