October 24, 2013 | Palo Alto, California: MetricStream, the market leader in enterprise-wide Governance, Risk, and Compliance (GRC) solutions will participate at the Enterprise Risk Management (ERM) USA 2013 Conference in New York City, from October 28-29, 2013. The conference will convene industry experts to discuss the need for managing risk in an integrated and holistic manner, as well as shed light on the various challenges faced by organizations when mitigating and managing risk across the enterprise.

ERM can help companies avoid potential losses, manage uncertainty, and position them to pursue strategic opportunities. However, many companies struggle when it comes to translating risk information into actionable insights that can be used to drive business value. In many cases, ERM is not intrinsically linked with the entire business strategy. Aligning ERM with the company objectives is vital for superior business performance, given an increase in regulations, global business operations, rising customer expectations, and a volatile market landscape. ERM can also provide a context for setting the organization’s risk appetite and suitable risk measures that are aligned with the long-term business goals of the company.

Brenda Boultwood, SVP of GRC Solutions at MetricStream will lead a panel discussion on ‘Effectively Linking ERM to Strategic Decision Making and Corporate Planning’This discussion will shed light on the need for an enterprise risk management framework in order to manage risks effectively and efficiently across departments. The discussion will also highlight forward-looking planning and performance management processes, as well as recommendations on how organizations can better align their resources to the risks with the greatest likelihood and impact.

MetricStream’s ERM solution helps organizations identify, assess, quantify, monitor, and manage their enterprise risk in a holistic and integrated manner. The solution’s embedded best practices help define the scope of risk management processes and sub-processes, and guide the development of control and test libraries. In addition, the solution's workflow capabilities streamline the risk assessment process, while risk heat maps enable organizations to set their priorities and make strategic decisions based on the risk response. The solution also provides access to training content from experts, and enables integration of business processes with regulatory and industry alerts.

Throughout the two-day event, attendees will exchange ideas and knowledge on important topics, such as:

  • Critical factors related to reporting and communicating risk
  • Defining and executing the risk appetite statement
  • Methods to overcome regulatory uncertainty
  • The skill set required to meet today’s operational risk challenges

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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