March 22, 2011 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced its participation at the 13th Annual OpRisk North America conference which will be held on March 22-24, 2011 in New York, NY. Featuring presentations by top regulators and industry leaders, the conference will focus on how organizations can meet new regulatory requirements and prepare their business for the challenges ahead. MetricStream CEO, Shellye Archambeau will be participating in a panel discussion on the role of ORM, critical tools for risk practitioners and metrics for success.

With the new Basel III framework, the list of compliance regulations has just gotten more extensive. Yet these regulations also offer hope for a more stable, risk-resilient financial system. In response, businesses across the world are striving to establish a robust Operational Risk Management (ORM) framework. If implemented well, it can protect stakeholders and customers from fraud, information theft, negligent errors, system failures and other harmful risks. Yet implementation - especially in large global organizations - can be challenging. Risk appetites need to be clearly defined, risk mitigation strategies implemented, and controls monitored at regular intervals.

The Op Risk North America conference will help organizations chart out the most profitable route to a successful ORM framework through insights from regulatory experts and industry leaders. The conference will also provide a platform to network with Heads of Operational risk, top regulators and Chief Risk Officers.

MetricStream will be participating in the conference and showcasing its market-leading Risk Management Solution. Built on an enterprise-wide integrated platform, MetricStream Solution enables organizations to successfully automate and streamline risk management. The solution has been deployed in leading global organizations - including some of the largest financial institutions.

MetricStream Risk Management Solution provides a comprehensive, advanced framework to document, analyze and monitor all risks confronting an organization. Configurable methodologies and algorithms help assess risks, providing a clear view into the organization’s risk profile. It also enables managers to prioritize their response strategies for optimal risk-reward outcomes.

The solution contains powerful risk heat maps and calculators for consistent risk analysis and monitoring. In addition, executive dashboards provide enterprise-wide visibility into the risk management process, highlighting issues that need to be addressed.

MetricStream uniquely combines software and content to deliver a complete, holistic solution to clients. The solution is packed with advanced capabilities including best practices, issue remediation workflows and automated alerts. A centralized information repository enables easy storage of and access to risk assessments, policies, controls and other documentation. The solution also provides access to training content from a community of global risk experts.

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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