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September 07, 2010 | Palo Alto, California: MetricStream Inc., a market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced that the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) has chosen MetricStream's solutions for Enterprise Risk Management (ERM)IT Compliance Management and Sarbanes-Oxley (SOX) Compliance Management. It is anticipated that MetricStream's solutions will enable FHLBank Atlanta to proactively manage risks, gain better visibility into its overall GRC program status, track and remedy compliance matters, and improve the efficiency of reporting and documentation based on an integrated architecture. Over the years, MetricStream has successfully deployed a range of risk and compliance solutions for leading banks and financial institutions across the world.

"We are extremely happy to partner with FHLBank Atlanta, and look forward to implementing our solutions at the Bank," said Gaurav Kapoor, CFO and General Manager at MetricStream.

MetricStream's solution enables organizations such as FHLBank Atlanta to integrate IT-GRC, SOX compliance and ERM, using a centralized platform. The solution provides advanced capabilities for risk and control assessments, issue tracking and remediation, control testing, risk and compliance reporting, document management, and resource management.

Powerful tools for risk analysis and monitoring provide increased transparency into risks, enhancing decision-making and risk-mitigation strategies. Role-based executive dashboards provide real-time visibility into the enterprise-wide GRC processes and help ensure that risk and compliance programs are being managed effectively. In addition, the solution provides workflow-based automation for GRC operations, enabling organizations to save valuable resources, while simplifying the auditing and reporting processes.

About the Federal Home Loan Bank of Atlanta
FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank's members - its shareholders and customers - are commercial banks, credit unions, savings institutions, community development financial institutions (CDFIs) and insurance companies headquartered in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia.

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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