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March 13, 2013 | Palo Alto, California: MetricStream, the market leader in Governance, Risk, and Compliance (GRC) management solutions today announced that Syncora Guarantee Services Inc., a subsidiary of Syncora Holdings Ltd. (Syncora), has chosen MetricStream to provide an Enterprise Risk Management (ERM) solution to enhance its existing ERM framework and support the monitoring, reporting, and management of its operational, IT, and financial reporting risks.

"We are delighted to have Syncora Guarantee Services as a customer," said Gaurav Kapoor, Chief Operating Officer at MetricStream. He continued, "MetricStream is the preferred GRC solutions provider for a variety of financial services organizations worldwide, each of which is confronting an increasingly challenging risk and compliance environment. MetricStream solutions provide the ability to integrate GRC processes on a centralized, configurable platform, and provide real-time, actionable risk intelligence. By doing so, the solution enables companies like Syncora to manage the complete range of their GRC processes, including operational risk management, ERM, regulatory compliance management, loss and incident management, and vendor governance."

About Syncora
Syncora Holdings Ltd., through its monoline financial guarantee insurance subsidiary provides credit enhancement for the obligations of debt issuers worldwide. For more information please visit www.syncora.com

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 contact

Sonia Sharma : pr@metricstream.com | India: +91 98450-19197

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