June 7, 2010 | Palo Alto, California: MetricStream Inc., the market leader in Enterprise-wide Governance, Risk and Compliance (GRC) Solutions, today announced that it is participating in the Institute of Internal Auditors (IIA) International Conference 2010 being held at the Georgia World Congress Center in Atlanta from June 6-9. The conference will feature Gaurav Kapoor, CFO and General Manager at MetricStream, and John Nolan from UBS Investment Bank Audit as presenters on the topic "Building a Risk-based Audit Inventory in a Global Financial Services Institution".

For global corporations, a key challenge today is defining and implementing a new generation audit inventory and  risk assessment platform. This session will provide information on how UBS approached the task and implemented an audit inventory which is fully aligned with and indeed drives the risk based audit approach. The session also provides an overview of how UBS used the software upgrade to leverage the possibilities offered by an integrated audit system platform that supports each step in the audit process. Mr. Nolan and Mr Kapoor will address critical questions such as:

  • What does risk based audit approach actually mean?
  • How can an audit inventory help drive a risk based audit approach?
  • What are the key challenges when implementing a new IT platform for Internal Audit?

Other recognized speakers at the conference include The Economist's US Economics Editor Zanny Minton-Beddoes and The Home Depot's Chief Financial Officer and Executive Vice President of Corporate Services Carol B. Tomé. Guaranteed to be the year's largest gathering of internal auditing practitioners, the 2010 International Conference will focus on "Auditing Through Leadership (ATL)." The event features an unprecedented number of concurrent sessions on today's top issues, best practices and unique challenges offering attendees the latest tools, techniques, products and services aimed at making auditors more successful at their job.

MetricStream will also showcase its industry-leading solution suite for GRC and Audit Management at the conference. MetricStream's audit management solution continues to be recognized as the most flexible and comprehensive in the industry by customers as well as analysts. The solution is being used by some of the world's largest corporations for effective risk-based auditing, work paper management and workflow-based automation of the entire audit process. Recognized as an "Industry Leader" by the IIA, MetricStream enables customers to streamline and improve enterprise-wide internal audit programs for supporting a wide range of operational and regulatory requirements and a host of risk and governance initiatives.

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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