April 05, 2011 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced its participation in the 5th Annual Fraud and Corruption Summit. Organized by MIS Training Institute, the conference will be held from 6th-8th April, 2011 in Copenhagen, Denmark.The theme of the conference is ‘Governance, Leadership & Transparency: Turning off the Taps to Fraud, Corruption & Financial Crime in Business & Government’.

The world has come a long way since the Enron scandal. Stringent regulatory norms and robust internal compliance programs have helped organizations become more ethical and accountable. Yet rooting out fraud and corruption continues to be a challenge, as fraudulent activities become more and more sophisticated. Organizations across the world are striving to establish greater transparency and accountability through a proactive approach to preventing fraud. It involves a constant cycle of establishing and implementing ethics policies and guidelines, monitoring controls and risks through regular audits and resolving issues quickly.

The 5th Annual Fraud & Corruption Summit will provide critical insights into fraud prevention through case studies, keynote speakers, panel discussions and more. Experts from leading companies will come together to discuss successes, challenges and lessons learned in tackling fraud and corruption.

Speaking at the conference is MetricStream’s Director of Sales, Jonathan Curtis. Jonathan will join a distinguished panel of speakers to discuss how organizations can innovatively root out fraud and corruption through strong controls, ethics and governance. The discussion will revolve around implementing and following a strong corporate integrity policy, tracking international developments in anti-bribery and anti-corruption, strengthening risk management and corporate governance,and more.

For over a decade, MetricStream has provided a range of GRC solutions for risk management, auditing, compliance, ethics management, policy management, governance and more. Built on a centralized platform, MetricStream solutions streamline and integrate GRC programs, embedding a culture of accountability, compliance and Ethics within the organization. The solutions cut across organizational silos, enhancing collaboration and building closed-loop ethics management workflows.

MetricStream  Policy Management software  solution provides a flexible framework to create, manage and publish compliance and ethics policies and guidelines in line with external regulatory norms. Each section and sub-section of the policies links to the organization’s risks and controls framework, enabling seamless compliance workflows.

MetricStream Audit Management Solution supports continuous monitoring of controls and processes to identify risks, validate compliance with ethics policies, and proactively identify and resolve process gaps and discrepancies. The solution covers the entire audit management lifecycle, right from audit planning and scheduling, to field data collection, to implementation of audit recommendations.

Each MetricStream module is equipped with powerful capabilities including best practices, end-to-end workflow automation, dashboards for increased visibility, and regulatory notifications and alerts. A centralized training repository provides access to training content from a global community of experts, enabling organizations to establish a dynamic, robust compliance & ethics training program.

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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