December 20, 2010 | Palo Alto, California: MetricStream Inc., the market leader in Enterprise Governance, Risk and Compliance (GRC) solutions, announced today that Michael Rasmussen - Risk and Compliance Advisor at Corporate Integrity, will join Prashanth Shetty - VP of GRC Solutions at MetricStream, in a webinar on ‘Regulatory Intelligence.

About the webinar
As the year 2010 draws to close, corporate compliance has emerged as a major business challenge. Organizations across industries are under tremendous pressure to comply with a growing multitude of regulations, many of which are subject to frequent changes. Non-compliant entities run the risk of paying huge fines, losing customers and being unable to expand their operations internationally.

In response, companies are investing millions of dollars in building an effective compliance management framework. Even then, they are often overwhelmed by the sheer magnitude of compliance information, regulations and data coming from various sources across the enterprise. Managing this data through ad hoc manual processes only slows down the compliance process and impedes collaboration.

Instead, companies need to build a framework that can streamline and automate compliance processes, and convert compliance data into actionable, collaborative business intelligence.

The webinar will deliver insights into how such a framework can be built. The speakers will provide perspectives on:

  • Monitoring changes in regulatory requirements and their impact on business operations
  • Understanding compliance risks across global operations and how to assess and mitigate them
  • Sharing information and driving collaboration between legal, compliance, IT and business groups
  • Ensuring accountability of control and assurance functions through efficient compliance processes
  • Enabling LOBs to achieve performance goals while adhering to policies and regulatory mandates

About the speakers
Michael Rasmussen - Risk and Compliance Advisor, Corporate Integrity
Michael Rasmussen is the authority in understanding Governance, Risk, and Compliance (GRC). He is a sought-after keynote speaker, author, and collaborator on GRC issues around the world and is noted for being the first analyst to define and model the GRC market for technology and professional services. With more than 15 years of experience, Michael's objective is to assist organizations in defining GRC processes that are sustainable, consistent, efficient, and transparent. In June 2007, Treasury & Risk recognized Michael as one of the 100 most influential people in finance with specific accolades noting his work in "Governance and Compliance: Saving the Planet and the Corporation."

Prashanth Shetty - Vice-President of GRC Solutions at MetricStream
Prior to joining MetricStream Prashanth was a Senior Director of Solution Management at SAP GRC, where he held broad management responsibilities for key GRC product lines. He has been a speaker at leading international GRC conferences on various innovation topics. His contributions helped drive significant customer adoption and resulted in five-fold revenue growth. Prashanth started his career at Oracle where he was one of the founding members of the Oracle StoreT, the company's first e-commerce division which grew from zero to $300M in revenues in under four years. Prashanth graduated with an MS from Stanford University and earned an MBA from the Wharton Business School at the University of Pennsylvania.

Join the webinar
The webinar is scheduled to take place on Tuesday, December 21, 2010 at 10 am Pacific Time (1 pm Eastern Time, 6 pm GMT).

 

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 contacts

Molly Palm : pr@metricstream.com | (925) 451-1468

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