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April 26, 2012 | Palo Alto, California: MetricStream, the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions announced that it will be a part of the CCRO General Meeting that will be held on April 26-27, 2012 at Florida. During the two-day meeting MetricStream will help lead the discussion on advancing risk management best practices and how energy companies can be well-equipped to alleviate risks.

Capital intense assets, the changing regulatory and compliance framework, and the impending risks, energy companies find it crucial to have a well-structured and integrated risk management framework to help them identify and efficiently manage operational and enterprise risks. The meeting will have a distinguished panel of speakers who will speak on topics like the intricacies in the implementation of the Dodd Frank Act, the specifics of reporting to a swap data repository, the limitations of the Value-At-Risk management tool, the reasons for compliance failures and the parameters for building a healthy regulatory environment for energy companies. Through the ‘Day 2’ open discussion forum, CCRO aims to address the challenges faced by energy companies today and provide best practices to manage and mitigate the impact of the risks.

The MetricStream Risk Management Solution enables energy organizations to adopt a more proactive, collaborative and transparent approach to risk management. The solution is built on an integrated GRC platform and is equipped with improved usability, enhanced risk assessment capabilities and real-time risk intelligence that can harmonize and streamline all risk-related processes and data. It provides risk-control assessments, continuous risk monitoring, integration with external data feeds, risk reporting, key risk indicators, risk heat maps and issue management. Its high degree of flexibility enables it to be extended to broader GRC areas such as compliance management, internal audit, IT-GRC and policy management.

About MetricStream

MetricStream, the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management, makes GRC simple. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users in dozens of industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and R&D center in Bangalore, India, and sales and operations support in 12 other cities globally. (www.metricstream.com).

Press contacts

Molly Palm : pr@metricstream.com | (925) 451-1468

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