August 20, 2012 | Palo Alto, California: MetricStream, the market leader in enterprise-wide Governance, Risk, and Compliance (GRC) solutions, today announced its participation in the Institute of Internal Auditors’ (IIA) Governance, Risk, and Control (GRC) Conference.  Held on August 20-22, 2012 in Palm Beach, Florida, the event gathers globally recognized GRC experts who will share their perspectives and insights on ‘Maximizing Internal Audit’s Value and Relevance’.

With the number of incidents of fraud, corruption, non-conformance, and different forms of violations coming out in the open, organizations are being closely scrutinized by regulatory bodies.  Shareholders, board members and management are increasingly dependent on internal auditors and the role they play in evaluating and mitigating risks, and ensuring corporate governance.  Internal auditors, on their part, find themselves under immense pressure in managing the existing and emerging regulations, the rising complexity of risks, and adapting to the changing business demands. One of the vital factors that has come to the rescue of internal auditors is implementing an integrated and transparent system in managing Governance, Risk, and Compliance (GRC) initiatives across organizational, geographic and functional lines. While this approach not only breaks down siloes and eliminates paper-based models, it also aligns business teams and reduces redundant and duplicated risk mitigation efforts, thus saving time and resources.

During the three-day event, MetricStream will exhibit its technologically advanced and extensive solutions that have helped organizations streamline multiple GRC processes. Implemented by some of the leading organizations across industries, the solutions have enabled organizations to enhance collaboration across business, and improve operational and management reporting of risk and compliance metrics. Built on a common GRC framework, the solution supports all risk, compliance, and quality management processes within organizations, and provides a seamless environment for managing risk, regulatory, and compliance related processes, issues, and data.  Through its risk assessment and analytical capability, the solution helps auditors streamline mitigation and corrective action plans based on the intensity of a risk. Through the powerful and flexible reporting capability and executive dashboards, auditors are able to gain real-time visibility and access into the finest level of details leading to better predictability and improved decision-making.

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).

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

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