January 30, 2013 | Palo Alto, California: MetricStream, the market leader in enterprise-wide Governance, Risk, and Compliance (GRC) solutions, and PricewaterhouseCoopers (PwC) will be jointly hosting an event ‘Integrating Governance, Risk, and Compliance Into Your Business Processes’ on January 31, 2013, at the PwC Offices in New York City. MetricStream and PwC experts will discuss the top GRC challenges and risks facing banks and financial institutions today, as well as offer practical best practices on how to best integrate governance, risk, and compliance into day-to-day business processes.  The event will also provide a platform for attendees to network with their peers from other banking and financial institutions and analyst and consulting firms.

The global financial services industry has seen an unprecedented surge in regulatory requirements over the last few years. Governance, risk, and compliance activities have traditionally been spread across multiple and overlapping functions such as audit, compliance, finance, and IT, leading to inconsistent and inefficient processes, while also impeding the development of a comprehensive and company-wide understanding of the organization’s risk profile. Financial services organizations today are beginning to see the need to adopt a holistic approach to their GRC programs, as well as understand the quantitative and qualitative benefits and value that efficient and pervasive GRC processes and programs provide.

During the event, Brenda Boultwood, Vice President of Industry Solutions at MetricStream and Keri Dawson, Vice President of ComplianceOnline Advisory Services at MetricStream will join Paul McDonnell, Principal of Advisory Financial Services at PwC, and Joe DeVita, Partner at PwC, to share best practices in overcoming the current risk and compliance management issues faced by every bank and financial services institutions. They will also provide practical approaches to managing GRC in a holistic and integrated manner highlighting the role of technology in enabling organizations to achieve a well governed, compliant, and risk-aware business.

The MetricStream GRC platform has been deployed in several financial institutions, ranging from large global enterprises to mid-tier financial organizations. MetricStream provides a common framework and an integrated approach to managing all aspects of governance, risk, and compliance in an automated and streamlined manner. The MetricStream GRC solution delivers a powerful combination of best-practices, workflows, data integration, reporting, analytics, and regulatory content. Real-time dashboards and reports help organizations track the status and trends relating to key risk and compliance programs to ensure effective compliance, highlight operational efficiencies, and provide a comprehensive view of the company’s overall risk exposure.

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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