June 20, 2011 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced its participation in the 17th Annual Gartner Security & Risk Management Summit which will be held on 20-23 June, 2011 in National Harbor, MD (Washington, D.C. Area). Featuring renowned industry experts and leading Gartner analysts, the event will focus on the issues, research, trends and best practices in IT security and risk management.

Today, IT security risks pose a serious threat to the safety, integrity and availability of valuable information. At the same time, an increasing number of businesses are turning towards virtualization and cloud computing, where the lack of physical network boundaries make it difficult to protect valuable data. The challenge is compounded by the growing sophistication of security threats, increasing regulatory scrutiny and the complexity of complying with regulatory norms that are not easily applicable to the Cloud.

The Gartner Security & Risk Management Summit will enable participants to learn how they can better their existing IT risk and security management programs, and support business resilience. Leading industry experts will provide insights on IT-GRC, disaster recovery and other related topics through roundtables, workshops, case studies and drill-down sessions. Participants will also receive the opportunity to interact with their peers, who will include a number of C-suite executives and IT leaders.

Participating in the summit is MetricStream, globally recognized by industry experts and leading corporations for its innovative and advanced IT-GRC solutions. MetricStream solutions enable organizations to adopt an integrated approach to identifying and assessing IT security risks, implementing controls and risk mitigation strategies, monitoring the effectiveness of controls, and identifying and resolving incidents as soon as they occur.

Built on a centralized, enterprise-wide platform, MetricStream solutions help streamline, automate and simplify critical IT-GRC workflows, while simultaneously delivering the intelligence required to address IT security risks in line with corporate objectives. The solutions also help enforce a culture of accountability and visibility by enabling individual IT-GRC assignments to be managed independently downstream, while rolling the results back upstream to provide an enterprise-wide view through powerful dashboards, heat maps and Key Risk Indicators.

MetricStream’s on-demand IT-GRC offerings enable businesses to experience the benefits of robust IT GRC technology, without the associated costs. Offered on the eGRC platform GRC Express, and based on a pay-as-you-go subscription model, the on-demand solutions enable businesses to implement IT-GRC programs in no time, and at an extremely low cost. They require limited integration with existing applications, limited customization, no IT involvement and no advanced encryption.

Taking its GRC offerings one step further, MetricStream has partnered with Cisco to offer a single, integrated solution to address Smart Grid requirements. Together, the two stalwarts will enable utilities to effectively build and manage an integrated, reliable and secure Smart Grid infrastructure. The partnership will be announced at the Gartner summit.

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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