October 16, 2008 | Palo Alto, California: MetricStream Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced that it is hosting an online panel discussion on “Risk Management in Banking and Financial Services” on Tuesday, October 21, 2008 at 11:00am Pacific (2:00pm Eastern).

This panel discussion will outline an integrated framework for deploying effective governance and risk management processes that address changing business needs and enhance the ability of banks and financial institutions to react rapidly to adverse events. Best practices in organizational structures, roles and responsibilities and risk scenario planning and analysis will also be discussed. The specific discussion topics will include:

  • Good governance practices
  • Effective risk management
  • Internal audit and compliance mandates
  • Loss management
  • Scenario planning
  • Causal analysis of the crisis
  • Remedial action
  • Organization structures
  • Technology as an enabler

This roundtable will feature speakers with rich background in banking and financial services. Featured panelists include:

  • Dr. Robert M. Mark, CEO of Black Diamond Risk and Former Chief Risk Officer at the Canadian Imperial Bank of Commerce
  • S. Jean Hinrichs, Former Chief Risk Officer at Barclays Global Investors (BGI)
  • David R. Koenig, Founding Partner of Ductilibility and Past Chair of the Board of Directors of the Professional Risk Managers’ International Association (PRMIA)
  • Charles Goldenberg, Vice President of GRC solutions at MetricStream, Retired Partner, Deloitte and Former Partner, KPMG

The moderator for this discussion will be Gaurav Kapoor, CFO and General Manager, MetricStream and a Former Business Head at Citigroup. Speakers will briefly share their views on the key lessons from the current financial turmoil. This will be followed by an open Q&A session to address questions from attendees.

“This is an excellent opportunity for risk, compliance and internal audit executives to hear from and interact with leaders in their fields. The perspectives and observations from each panelist will provide insightful ideas on what risk management and governance strategies should be leveraged for decision-making in these turbulent times,” said Shellye Archambeau, CEO of MetricStream.

 

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).

Press contacts

Molly Palm : pr@metricstream.com | (925) 451-1468

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