October 06, 2010 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance(GRC) solutions, today announced its participation in the IT-GRC conference organized by the Information Systems Audit and Control Association (ISACA). The conference will be held on October 6-8, 2010 in Boston, Massachusetts, and will provide insights on how IT professionals can enhance the value of IT, manage risks and maintain a proactive, agile GRC framework.

Today, Information Technology lies at the very heart of business operations and counts as one of the most crucial business assets. Yet managing it is a huge responsibility. IT professionals have to align IT with business objectives, reduce costs and maximize business value. At the same time, they have to stay alert to system vulnerabilities and risks such as cyber-fraud, hacking and cyber-theft while coping with a fast fading network perimeter.

The ISACA IT-GRC conference will address these challenges and explore how IT professionals can drive business value. Participants will get the opportunity to discuss the topics most important to them, pick up best practices from industry experts, expand their professional networks and interact with leading vendors.

MetricStream will be participating in the conference and showcasing its world-class IT-GRC solutions. Recognized by leading industry experts, the company is consistently breaking new ground in innovation, sophistication and flexibility. Its solutions are widely used by some of the world’s largest and most renowned organizations across industries and countries.

MetricStream IT-GRC Solution is a comprehensive platform that combines software and content to provide a holistic approach to IT-GRC management. It streamlines the process across the enterprise, enabling all aspects of IT-GRC to be controlled from a single point of reference. This way, enterprise-wide collaboration is improved while GRC redundancies are eliminated. Powerful tools such as built-in remediation workflows, embedded best practices, training content from experts and automated alerts ensure that IT professionals can manage risk and compliance effectively while deriving the most value from IT.

The solution is both flexible and extendable, allowing it to be customized to meet each organization’s unique needs. The centralized risk management framework simplifies the assessment, analysis and monitoring of risks and controls while delivering timely information to proactively address IT risks in line with corporate objectives. If issues or deficiencies are identified, they are either resolved instantly or routed to the appropriate personnel for investigation and remediation. This helps to eliminate any surprises and makes the IT-GRC process predictable.

The solution enables the entire audit lifecycle to be managed from a single platform. Built-in reporting capabilities and powerful dashboards improve transparency into the GRC process, allowing managers to make timely decisions based on hard facts and metrics. A centralized document repository provides easy storage and access to all IT-GRC documents including policies, supplier certifications, compliance records and control data.

Embedded into the platform is MetricStream’s United Compliance Framework which standardizes a common set of controls to map to compliance frameworks such as ISO 27002, COBIT and ITIL, as well as compliance regulations such as SOX, FFIEC,  PCI, GLBA, CMS, NERC and NIST. This comprehensive database enables organizations to minimize compliance costs while effectively addressing the complexity of IT compliance.

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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