February 07, 2012 | Bangalore, India: MetricStream, the market leader in Governance, Risk and Compliance (GRC) solutions, today announced its participation in the first India Conference of The Institute of Internal Auditors (IIA). The conference will be held on February 9-10, 2012 at Gurgaon, India, and based on the theme 'Governance in Uncertain Times'. Experts and thought leaders from over 120 countries will join executives from the IIA Global, including the Chairman of the IIA board and SVP Audit for the J.C. Penney Company Inc., Denny Beran, Senior Vice President, Philip D. Tarling and the CEO, Richard Chambers, to discuss the key challenges ahead as well as opportunities for Internal Audit to help organizations achieve their business goals in the current turbulent times.

With the heightened focus on building strong mechanisms by governments worldwide to counter the recent cases of corporate fraud, companies are making sure that they tighten up their internal auditing processes and mitigate any risks at the root level. The IIA conference will address the key factors impacting the profession of internal auditing and will help participants to identify opportunities to help organizations alleviate risks and achieve optimum value. This conference will provide a platform for internal auditors to tackle challenges both practically and technically and, gain knowledge from thought leaders and experts in the auditing space, around the globe.

As the market leader in Internal Audit and Risk Management solutions, MetricStream has been an IIA Thought Leader partner for several years and has shared a long and deep association with IIA globally. Talking about the IIA conference, Shankar Bhaskaran, General Manager and Vice President of International Business Operations at MetricStream, says, "We are excited to participate in this gathering of internal audit leaders from various countries to understand the challenges ahead as well as the underlying opportunities for auditors to help organizations to achieve their desired goals during these tough times. This conference is of special importance to MetricStream as our solutions are being widely adopted in India and in the Asia-Pacific region. The MetricStream solution is being used as an integrated framework to manage the complete spectrum of audit, risk and compliance requirements, as this approach saves costs, improves operational efficiency, and drives optimal business value."

MetricStream's Internal Audit Management solution combines both technical and practical content, built-in with the best practices, standards and guidelines. It provides advanced features and functions like workflow automation, flexible reporting, email-based notifications and alerts and offline auditing which enable audit managers to identify control gaps, trends and opportunities for improvement, and communicate the same to top management. This, combined with the integrated approach to map all risks to organizational goals, policies, auditable entities, controls, assessments and action plans helps auditors identify and monitor the most critical controls and risks, providing valuable risk-based advice to the Board on the status of compliance.

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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