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September 15, 2010 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced its participation in the 9th Annual Compliance and Ethics Institute event which is scheduled to take place in Chicago, Illinois, on September 12-15, 2010. Organized by the Society of Corporate Compliance and Ethics (SCCE), this annual event aims to offer insightful discussions and networking opportunities for professionals who are a part of the Compliance and Ethics field.

Over the last decade, the growing number and variety of business risks have resulted in a barrage of compliance regulations. Businesses have their task cut out for them as they try to comply with these regulations while improving profitability and reducing costs.

The Compliance and Ethics Institute aims to help organizations meet these challenges by showcasing the latest methods, case studies, and strategies for compliance. This year, the spotlight is on current issues including: Ethics and Compliance benchmarking and best practices, an international perspective to Compliance and Ethics, the practical training challenges of improving Compliance execution, risk management and social media networking.

MetricStream will participate in the three-day event and showcase its Governance, Risk and Compliance (GRC) solutions. The company is known for its unique technology platform and integrated approach to meet cross-industry mandates such as OSHA, EH&S and FCPA as well as industry-focused regulations such as FDAFERCFAAHACCP, OMB A-123, AML, Basel II and Data Retention laws.

MetricStream Ethics and Compliance Management Solutions offer a centralized application environment to streamline compliance with multiple regulations, corporate policies and industry mandates. Its enterprise-wide approach makes it a system of record for all ethics, compliance and policy related processes and issues. It also enables organizations to gain a comprehensive view into performance and compliance related metrics.

The solution delivers operational efficiencies, ensuring that compliance programs are implemented in a streamlined manner and improving accountability and collaboration. Organizations can continually audit their internal controls and communication processes to identify risks, validate compliance with corporate business ethics policies and ensure that they have a mechanism to identify gaps and deficiencies as well as remedy them in a timely manner. The solution supports policy documentation, change management, communication processes, and training and awareness programs. Additional features include survey, certifications, assessment capabilities, automatic regulatory alerts and notifications, integrated document management systems and executive dashboards that introduce ease and efficiency into the compliance management process.

MetricStream has enabled leading corporations across business verticals to shed their isolated compliance initiatives and shift to an enterprise-wide GRC approach.

About MetricStream

MetricStream, the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management, makes GRC simple. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users in dozens of industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and R&D center in Bangalore, 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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