April 12, 2010 | Palo Alto, California: Gaurav Kapoor, CFO and General Manager of Governance, Risk and Compliance (GRC) management software leader, MetricStream, will present at the 2010 Enterprise Risk Management (ERM) Symposium, the annual premier global event on ERM co-hosted by the Professional Risk Managers' International Association (PRMIA).

Now in its eighth year, the conference is being held in Chicago, IL from 12 to 14 April and will offer several sessions featuring top risk management experts offering their perspective on key risk issues facing organizations. This year's symposium will focus on ERM lessons learned and illustrate why a strong ERM program is essential before, during and after each relative cycle of results - both good and bad. By bringing together ERM knowledge from a variety of industries, the ERM Symposium aims to build a strong cross-disciplinary framework for senior management to create systematic value and competitive advantage through effective managing of risk and capital.

The recent economic crisis has revealed risk management vulnerabilities across different sectors but particularly within financial services. Organizations are now facing a new set of risk challenges including questions about the scope and effectiveness of existing risk management practices. Often, executive management is found to challenge the core assumption of existing frameworks for risk management policies, procedures and methodologies.

Many organizations are looking at implementing integrative risk governance frameworks in order to minimize the inequitable distribution of risks and benefits between business units across the organization. This integrative framework can assist in anticipating major risk issues and improving the understanding and assessments with no ambiguities.

Mr. Kapoor's presentation on Risk Governance will highlight strategies for defining and adopting an integrated risk governance infrastructure leading to better risk management, improved decision making, high quality data and reduced task redundancy. Such an approach also aligns people, processes and technology towards achieving corporate objectives across the organization.

At the conference, MetricStream will showcase its industry-leading web-based Enterprise Risk Management (ERM) and Operational Risk Management (ORM) applications that streaming collection, management, tracking and reporting information about loss events, key risk indicators (KRIs), risk-assessment heat maps and control-assessment scores. The solution equips banks, financial institutions and insurance companies with the tools needed to measure and manage enterprise and operational risk in conformity with industry best practices, regulatory mandates and international standards like Basel II and   Solvency II. MetricStream solution suite also includes applications for Policy Management, Compliance Management, Audit Management, Internal Controls, IT-GRC and Corporate Ethics - all of which are critical components for enterprise-wide GRC.

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).

Press contact

[email protected]

Get a demo Download RFP Template Pricing Contact