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April 02, 2008 | Redwood Shores, CA  - MetricStream, Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced availability of a new benchmark report “GRC Strategic Agenda: The Value Proposition of Governance, Risk, and Compliance” from the Aberdeen Group, a Harte-Hanks Company (NYSE:HHS). Among other findings, the report highlights that internal policies and practices are emerging as the most important drivers for investment in GRC initiatives, indicating a shift from focus on mandatory regulations such as SOX, to value-driven GRC programs that deliver better business performance.

The report focuses on three of the most important aspects of GRC for an organization’s bottom-line-success: compliance regulations, data security and risk management. It provides guidance to identify and evaluate resources and proactively prepare for mitigation of business risks. Further, the assessment provides some compelling facts derived from its research which will help companies make informed decisions.

“Our study establishes that implementing a holistic and efficient GRC solution can directly address critical business issues and deliver a 16% yearly increase in optimizing existing business processes,” explains Stephen Walker Esq., Senior Associate in the Technology Markets Group of Aberdeen. “The study provides substantial data and analysis on how implementing GRC solutions make a positive impact on business.”

“Our success with GRC and Quality Management solution implementations in a variety of industries has demonstrated that an integrated approach to GRC delivers a rich set of benefits and improves business performance across the organization,” said Gaurav Kapoor, CFO and General Manager of MetricStream. “Effective use of a common framework and a well-architected solution can be a source of significant competitive leverage and business benefits. These include sound decision making that balances risk management with pursuing growth opportunities and federated approach to managing compliance with government regulations, internal policies and Quality standards.”

The report has been underwritten in part by MetricStream and can be accessed from MetricStream's website at www.metricstream.com.

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).

Press contact

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

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