May 24, 2012 | Palo Alto, California: MetricStream, the market leader in enterprise-wide Governance, Risk and Compliance (GRC) and Quality Management Solutions (QMS), today announced that Betfair (LON: BET), one of the world's largest international online sports betting services provider, has selected MetricStream IT-GRC Solution to support its IT risk, assurance, policy and training management activities. MetricStream will help automate and streamline Betfair's compliance with data security standards like ISO 27001 and the Payment Card Industry Data Security Standard (PCI DSS).

Betfair is one of the world's largest international online sports betting providers. Betfair pioneered the first successful Betting Exchange that eliminated the need for a traditional bookmaker. Driven by world-leading technology, the company now processes over five million transactions a day from its three million registered customers around the world.

"We are excited to partner with Betfair and support its IT risk, policy and training management initiatives," says Shankar Bhaskaran, GM and VP of International Business Operations at MetricStream. "MetricStream Solution will help Betfair automate and streamline compliance with varying data security standards and strengthen its capabilities to manage IT risks, policies, and training."

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.(

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