May 18, 2010 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) management solutions, today announced that it is participating as a premier sponsor at the 4th Annual Internal Audit for Financial Institutions being hosted by Jacob Fleming.

Recognized for its best-in-class solution for Internal Audit Management, MetricStream will demonstrate its Audit Management solution that has been widely adopted by large global corporations for effective risk-based auditing, work paper management and workflow-based automation of the entire audit process. The conference is being held on the 18th & 19th of May at the Eden Amsterdam American Hotel, Amsterdam.

The 4th Annual conference is set to provide outstanding insight into leading trends in the internal audit industry and participants at the event will have the opportunity to learn how to tackle a whole variety of issues and improve internal audit efficiency. Having effective internal control functions in place is the crucial point of assuring overall business profitability and success. The conference brings together expert panelists who would provide their perspective on how this can be achieved.

Shankar Bhaskaran VP International Business Operations and Joe Longo VP of MetricStream Consulting and Advisory Services have a session on “Upgrading internal Audit Infrastructure” on Tuesday, May 18 at 11:10 AM. They would talk about why it is necessary to upgrade your Internal Audit infrastructure, what an Internal Audit Infrastructure should look like and how to go about upgrading it.

MetricStream works with internal audit groups at several Fortune-1000 companies across the world providing easy-to-use and configurable software for managing enterprise-wide auditing. As internal audit groups seek greater productivity, higher transparency and improved collaboration. MetricStream helps in implementing best practices and proven principles for risk-based auditing, improving auditor-auditee collaboration, driving continuous improvement and enhancing business performance.

MetricStream’s Audit Management solution is a part of MetricStream’s GRC solution suite, a comprehensive offering that allows customers to adopt an integrated GRC strategy for various disciplines such as internal audit, policy management, regulatory compliance, risk management, financial controls and IT GRC.

MetricStream has established market leadership in Audit Management Software with several successful large-scale installations in a range of industries in the European market. “MetricStream has a strong track record in providing GRC solutions in the European market and has attained market leadership in a short span of time.” said MetricStream’s VP International Business, Shankar Bhaskaran. “We have achieved this by developing thorough understanding of the needs of the internal audit function especially for auditing on a global scale in large and complex organizations. We are looking forward to the 4th Annual internal Audit for financial institutions conference as a forum for interaction and learning as well as sharing our experience and expertise.”

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.(

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