April 02, 2015 | Bangalore: Disruptive technologies such as the Internet of Things (IoT), cloud, mobile, and social media are transforming the way business is done. Alongside these shifts in technology, MetricStream Inc., the market leader in Governance, Risk and Compliance (GRC) apps, is proactively innovating, enhancing, and creating new products and technologies that will support the successful GRC journeys of tomorrow’s digital organizations.

MetricStream recently held its annual MetricStream Architecture Summit in Bangalore from March 25-27, which brought together senior technology leadership members across MetricStream Labs, R&D, Cloud and Professional Services. This year’s event focused on ideating and developing a next generation GRC App Architecture based on the tenets of Pervasive GRC, Cloud, and Simplicity. As MetricStream GRC Cloud adoption continues to accelerate across customers, the Architecture Summit also assessed MetricStream’s product architecture for heightened information security, data governance and scalability requirements as GRC apps get more embedded in the fabric of the business. The Summit also explored new trends in user experience, consumerization, mobility and information architecture in pursuit of MetricStream’s goal to help our customers simplify their GRC programs for Gen C users.

The Architecture Summit, now in its third year, is pivotal in ensuring that technology trends, market and customer feedback converge into MetricStream apps as it is designed, developed, and delivered. Commenting on the value of the Summit, Vidya Phalke, CTO, MetricStream said, “As MetricStream continues to expand its customer base in over 30 countries, our annual MetricStream Architecture Summit is an extremely important checkpoint in our product methodology and roadmap.” He continued, “This year’s event brought together leaders from our MetricStream Labs, R&D, Cloud and Professional Services teams who are critical in ensuring our products continue to meet the diverse and evolving risk and compliance requirements of our customers across geographies and verticals.”

Plans for key architectural advances were made were around three areas - standardization of RESTful APIs across applications to enable rapid GRC Journey adoption; mobile middleware declarative abstraction to increase the rapid development and personalization native Mobile Applications; and an advanced declarative security model that enhances the extensibility of the existing  Federated Architecture. In past years, some of the offerings that came out of the MetricStream Architecture Summit included the Spreadsheet Controls Management App and M2, the middleware for MetricStream’s Native Mobile Apps.

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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