April 06, 2011 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced its participation at the 1st Chief Audit Executives conference. Organized by the UAE Internal Audit Association, the conference will be held from 6th-7th April, 2011 in Dubai, UAE. MetricStream will be demonstrating its market-leading internal audit management solutions that are used by leading companies across industries and geographies.

Faced with a growing number of compliance regulations, controls, metrics, risks and reporting requirements across the enterprise, Management and Board are calling upon internal auditors to make sense of the chaos. In fact, auditors are being viewed as important strategic advisors who can add genuine value to the business and influence corporate strategy. After all, they understand the organization’s risk and control landscape better than anyone else.

The challenge lies in coping with these new responsibilities and adapting to a changed economic environment. The 1st Chief Audit Executives conference will help auditors understand the dynamics of their new role and provide value-added business intelligence to their organization. Distinguished speakers will offer insights, resources, best practices and tools on successful audit management.

Participating in the conference is MetricStream, a GRC solutions provider that is recognized by both companies and industry analysts for its innovative, flexible and scalable solutions. MetricStream Internal Audit Management Solution is used by some of the largest global companies to build a world-class audit program. For instance, in the Energy industry, MetricStream Solution has been chosen by one of the largest Middle-Eastern oil and gas companies. The solution is enabling the client to strengthen compliance by automating and integrating audit management and corrective actions across the enterprise.

In the food and nutrition industry, MetricStream Solution is used by one of the world’s leading producers of cereal. The solution helps the company maintain high standards of food quality and safety by streamlining quality audits across the supply chain, providing visibility into audit processes through timely reports, identifying quality audit issues and tracking corrective actions.

One of the world’s largest nutrition and food companies has also chosen MetricStream Audit Management Solution to power its worldwide internal audit program. The solution helps monitor internal controls, mitigate risks and maximize business performance.

In the financial industry, MetricStream solutions are chosen by a growing number of banks and insurance companies. One of the world’s leading financial firms, operating in more than 50 countries, uses MetricStream Solution for risk-based internal audits worldwide. The solution is packed with powerful capabilities to capture data efficiently, improve information flows concentrateauditson those risks and controls that matter to the organization.

MetricStream is positioned in the Leaders Quadrant of the Gartner Magic Quadrant for Enterprise GRC Platforms, 2010.

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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