October 24, 2011 | Palo Alto, California: MetricStream Inc., the market leader in Enterprise-wide Governance, Risk and Compliance (GRC) solutions, announced today that Shellye Archambeau, CEO of MetricStream will join Brenda Boultwood, Chief Risk Officer of Constellation Energy, at a webinar hosted by the Open Compliance and Ethics Group (OCEG). The two executives will be speaking on ‘Strategic Risk Management: A Case Study of Constellation Energy’.

Constellation Energy is the winner of a 2011 GRC Achievement Award and the Peer Choice Prize for most interesting project, awarded by OCEG at the 2011 Compliance Week conference.

Join the webinar
Conducted by OCEG and sponsored by MetricStream, the webinar is scheduled to take place on Tuesday, October 25, 2011 at 11 am EST (3 pm GMT). To register for this event, please click here: 

About the webinar
While risks are not new to the Energy and Utility sector, the challenges involved in managing these risks are continually increasing. The growing use of innovative technology, for instance, has made companies more vulnerable to sophisticated cybercrime attacks. Numerous compliance mandates and stringent regulatory oversight have added another layer of complexity. All business functions are impacted operationally as well as strategically.

Addressing these challenges effectively calls for a proactive risk management culture that is closely integrated with strategic decision-making. Business and functional silos need to be broken down to make way for a centralized risk management framework that enables collaboration, and improves transparency into risks across the enterprise.

Constellation Energy is one company that has successfully implemented a strategic approach to risk management, based on a centralized GRC platform. The company took the initiative to streamline risk management processes, build a consistent and sustainable risk management approach, enhance visibility into risks, and integrate risk into decision-making.

The webinar will provide further insights on how Constellation Energy stepped up their risk management and GRC efforts which, in turn, won them the 2011 GRC Achievement Award. The speakers will discuss:

  • How GRC is being implemented in successful companies to provide strategic advantages
  • Steps in planning and implementing a strategic approach to risk management
  • Constellation Energy’s path towards successful GRC integration and technology implementation


About the speakers

Brenda Boultwood - Senior Vice President and Chief Risk Officer, Constellation Energy 
Brenda Boultwood leads the risk management activities for Constellation Energy and its businesses, including defining and assessing enterprise-wide business risks and facilitating proactive decision-making to effectively manage the risks associated with each business line. 

Prior to joining Constellation Energy, Boultwood most recently served as global head of strategy, Alternative Investment Services for J.P. Morgan Chase & Company, where she was responsible for developing strategy for the company's Hedge Fund Services, Private Equity Fund Services, Leveraged Loan Services and Global Derivative Services business lines. During her tenure at J.P. Morgan Chase, she also served as global head, strategic risk management for its Treasury Services group and as global business head, Global Derivative Services of its Alternative Investment Services group.

Boultwood joined J.P. Morgan Chase when it acquired Bank One Corporation in 2003. Prior to the merger, she held risk management positions with Bank One Corporation, having served as Head, corporate market risk management and Head, corporate operational risk management and then advancing to Head, global risk management for its Global Treasury Services group. Boultwood also worked with PricewaterhouseCoopers as a senior manager in its Financial Risk Management Consulting Practice and was employed with Chemical Bank Corporation as a financial engineering associate. In addition, she spent six years teaching in the University of Maryland's Master of Business Administration program.

Boultwood is a member of the CFTC Technology Advisory Committee, and serves on the Boards of both the Committee of Chief Risk Officers (CCRO) and the Global Association of Risk Professionals (GARP). Boultwood also serves on the Board of Komen Maryland, where she chairs the Strategy Committee. Boultwood graduated with honors from the University of South Carolina with a bachelor's degree in international relations. She also earned a Ph.D. in economics from the City University of New York.

Shellye Archambeau - Chief Executive Officer, MetricStream
As the CEO of MetricStream, Shellye Archambeau is responsible for running all facets of the business. Ms. Archambeau has a proven executive management track record, and over 20 years of experience driving sales growth in the technology industry.

Prior to joining MetricStream, Ms. Archambeau was Chief Marketing Officer and Executive Vice President of Sales for Loudcloud, Inc., responsible for all global sales and marketing activities. At Loudcloud, she led the transformation into an enterprise-focused company while growing sales 50% year over year.

Previously, she served as Chief Marketing Officer of NorthPoint Communications, where she led the design and implementation of all sales and marketing strategies. Ms. Archambeau also served as president of Blockbuster, Inc.'s e-commerce division and was recognized by Internet World as one of the Top 25 'Click and Mortar' executives in the country in June 2000.

Ms. Archambeau spent the previous 15 years at IBM, holding several domestic and international executive positions. Ms. Archambeau serves on the board of directors of Arbitron, Inc. and the Forum for Women Entrepreneurs and Executives. She earned a B.S. degree at the University of Pennsylvania, Wharton School of Business.

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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