May 15, 2014 | Palo Alto, California: MetricStream, a market leader in Governance, Risk, and Compliance (GRC) and Quality Management solutions, will host the African GRC Conference along with its partner Business Connexion in Zanzibar, Tanzania to mark the launch of its comprehensive portfolio of GRC solution offerings in the country. The day-long event will take place on May 29, 2014 at the Melia Zanzibar Hotel, Zanzibar, Tanzania

The event will bring together top officials of Tanzania’s leading banks, oil and gas companies and other major public and private sector enterprises. Marius Schoeman, Chief Operation Officer-International of Business Connexion will deliver the keynote and Dr. Modestus Kipilimba, Director Risk Management at Bank of Tanzania, will present a case study on the state of Enterprise Risk Management in African Banks at the conference.

With an extremely diverse market, Tanzania, the largest country in East Africa, offers an unending array of opportunities for local businesses to expand their growth prospects to new levels. However, constant flux in international and local regulatory policies call for a deeper understanding of the recent changes, trends and subsequent impacts on organizations to survive and thrive in this very challenging economy. Therefore, it is imperative that enterprises in Africa and around the world adopt a robust system of resilience to take their businesses forward. A successful incorporation of an effective GRC solution will help organizations identify and mitigate existing and emerging risks arising from complex business practices, shifting business landscape, emerging laws and or extensive compliance mandates etc.

MetricStream, with its highly acclaimed GRC solutions, is entering the market at a very apt time and will look to enables businesses in Tanzania to address their regulatory compliance and enterprise risk management requirements and playing a strategic part in their global growth.

In today's demanding economic climate, enterprises across the world are increasingly realizing the need for a cross-enterprise GRC solution to streamline all risk management processes to effectively identify and mitigate risks. MetricStream is currently offering a slew of GRC solutions to leading Tanzanian companies in the banking and oil & gas sectors. MetricStream is keen to extend its comprehensive, fully integrated best in class GRC solutions and services to many other sectors in the long run through collaboration with a number of local partners in the Tanzanian market.

MetricStream’s comprehensive GRC solutions help businesses to proactively prevent risks and continuously improve performance to expand their business spectrum, protect stakeholders’ interests and drive brand value. MetricStream’s solutions, which won accolade as ‘Top ranked GRC offering - 2014,’ focuses on enhancing corporate governance, critical decision making and strategic planning.

To learn more about the event agenda and speakers, or to register to attend, please visit the event webpage:www.metricstream.com/events/africangrc.

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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