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May 21, 2010 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions announced today that TPG Capital, a leading private investment firm, has selected the MetricStream GRC platform and solution for internal controls, compliance and risk management.

Implementing MetricStream will provide TPG with a well-structured internal control system to support corporate governance by systematically monitoring and enhancing the efficiency and effectiveness of operational processes, financial reporting, business risks and compliance.

Gaurav Kapoor, CFO and General Manager at MetricStream, says: “We are immensely pleased to have TPG Capital as a customer in the private investment space. The financial services sector is going through major reforms for strengthening governance to ensuring operational efficiency and integrity. MetricStream GRC solutions play a critical role in simplifying compliance with the regulations, reducing business risk while improving business performance.”

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

Sonia Sharma : pr@metricstream.com | India: +91 98450-19197

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