September 11, 2013 | Palo Alto, California: MetricStream, the market leader in enterprise-wide Governance, Risk, and Compliance (GRC) solutions, announced today that a leading beverage company has selected MetricStream GRC solution to help automate and streamline a wide range of GRC processes including legal and contract GRC, compliance, audit management, risk management, issue management, vendor governance, IT security, and business continuity management.

The MetricStream solution will be deployed at the company's Hong-Kong data center, and will be used by the organization's Asia Pacific risk assurance team, senior management, representatives of audited entities, factory heads, business unit heads and external auditors.

The company selected MetricStream for their integrated approach to GRC through a comprehensive suite of applications that can be implemented in a phased manner. The solution's federated GRC architecture aligns well with the company's decentralized business structure. The company's adoption of an automated and integrated GRC approach will bring efficiencies across various compliance, legal, risk, and audit processes for tracking compliance assessments and meeting regulatory requirements.

The MetricStream solution will support the company's overall growth and expansion plans by helping ensure proper controls are in place around corporate governance, risk management, and regulatory compliance. For global corporations, an integrated GRC approach, combined with a federated model that supports decentralization at regional and country levels, is a critical success factor. MetricStream's flexible and responsive architecture drives an enterprise-wide view of local market specifics and regulator expectations, and encourages seamless coordination and collaboration across the organization.

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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