Featuring a Senior Analyst from Forrester Research and MetricStream COO, the webinar will provide best practices and insights for effective compliance

Palo Alto, CA -- (SBWIRE) -- 04/18/2011 -- MetricStream Inc., the market leader in Enterprise Governance, Risk and Compliance (GRC) solutions, announced today that Chris McClean, Analyst, Forrester Research, will join Gaurav Kapoor, Chief Operating Officer, MetricStream, in a webinar entitled 'Corporate Compliance: Implementing Successful and Sustainable Programs.'

About the webinar
Corporate compliance has shifted from an optional exercise to a major business priority. This is evident as more organizations invest significant time, resources and effort in building a robust and sustainable compliance and ethics program. Compliance managers, in particular, are striving to juggle multiple regulatory demands with corporate goals. In the process, they are fast discovering that blind adherence to regulations is neither cost-effective nor efficient. As regulatory norms increase at unprecedented levels, the need of the hour is for a renewed approach to compliance.

Integrated compliance programs have proved beneficial in a number of ways. Not only do they eliminate redundant activities and reduce unnecessary duplication of efforts, but they also break down organizational barriers, enabling better information-sharing and collaboration.

A risk-based approach to compliance has also proved useful. It enables organizations to focus their controls and compliance efforts on the most impactful risks instead of trying to encompass all risks and controls required by the compliance regulation.

The webinar will discuss these and other best practices to craft a successful and sustainable compliance program. The speakers will provide various insights into compliance including:

- Adopting a risk-based approach to compliance and auditing
- Collecting and presenting compliance program metrics to the board
- Driving successful compliance investigations across departments
- Learning and improving processes/controls, after a compliance failure
- Managing interactions with regulators during audits and examinations
- Monitoring regulatory changes and their impact on business operations
- Designing integrated compliance, risk, and audit programs for measurable outcomes

About the speakers

Chris McClean, Senior Analyst, Forrester Research
Chris McClean contributes to Forrester's offerings for the Security & Risk professional, leading the company's coverage of governance, risk, and compliance (GRC). He is also a thought leader on the related issues of corporate social responsibility (CSR) and sustainability. Chris serves Forrester clients with research and consulting on GRC and CSR strategy, organization, best practices, and technologies. He is a frequent speaker on these subjects at vendor events as well as conferences run by industry organizations such as the Risk Management Association. He has also been interviewed by top media outlets such as CFO Magazine, Compliance Week, Treasury & Risk Magazine, and CRO Magazine.

Gaurav Kapoor - Chief Operating Officer, MetricStream
As Chief Operating Officer of MetricStream, Gaurav has overall responsibility for Sales, Marketing, Customer Advocacy and the Partner Ecosystem. During his tenure at MetricStream, Gaurav has been instrumental in shaping key strategic initiatives and driving overall performance of the company. Gaurav brings nearly a decade of marketing, finance and operating experience with Citigroup and has spent several years in executive operating roles with venture-backed enterprise software and internet companies. He is a thought leader in the GRC space and is a regular speaker at key forums like the IIA, Ops Risk, PRIMIA and ISACA, among many others. He also works closely with federal and state policy makers and serves on advisory boards of other technology and media companies.

Join the webinar
The webinar is scheduled to take place on Tuesday, April 12, 2011 at 10 am Pacific Time, 1 pm Eastern Time and 5 pm GMT. To register for this event, please click here:
http://www.metricstream.com/webinars/corporate_compliance_program_12apr11.html

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations.

MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the www.ComplianceOnline.com portal.

MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

The workshop will provide insights on how organizations can save costs and improve efficiency through risk-based audits

Palo Alto, CA -- (SBWIRE) -- 04/14/2011 -- MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced its participation at the 12th Annual Regional Gulf Audit Conference. Organized by the UAE Internal Audit Association, the conference will be held in from 3rd -5th April, 2011 in Dubai, UAE. MetricStream will be participating in the conference and showcasing its market-leading internal audit solutions. The company will also be conducting a workshop on risk-based audits at 5.30 pm on 5th April.

Internal auditors are operating in a new economic landscape where many traditional ideas and assumptions are no longer valid.

Internal audit has shifted from being an optional organizational exercise to a critical necessity. Auditors are being called upon to do much more than just 'audit.' They are needed to provide assurance and advice on important strategic decisions to stakeholders, management and boards. They are playing a key role in driving value for the business.

The 12th Annual Regional Gulf Audit Conference will provide a forum for auditors to discuss how to adapt to the new economic landscape, new stakeholder expectations and new responsibilities. Featuring a distinguished group of speakers, the conference will offer insights, best practices, tools and suggestions for internal auditors to provide maximum value to their organizations. The discussions will touch on various topics including fraud risk assessments, developing inter-cultural business intelligence and the relationship between corporate governance and audits.

MetricStream will be conducting a workshop at the conference on risk-based auditing - a practice that is fast replacing traditional compliance-based audits. Risk-based auditing enables organizations to prioritize risks and focus their audit efforts sharply on those risks and controls that have the greatest impact on the enterprise.

MetricStream Internal Audit ManagementSolution supports risk-based audits, helping organizations reduce costs and improve operational efficiencies. The solutions are built on a single GRC platform that can be extended across the enterprise for streamlined, integrated workflows. It enables auditors to eliminate restrictive silos and build a more collaborate, closed-loop audit framework.

MetricStream Solution supports the complete audit management lifecycle - from audit planning and scheduling, to audit implementation, to field data collection, to audit review, to the collection and implementation of audit recommendations. The solution also has capabilities to support various types of audits including internal audits, operational audits, IT audits, supplier audits and quality audits.

The stand-out features of the solution include embedded best practices, offline capabilities for remote audits, executive dashboards with drill-down capabilities, and end-to-end workflow automation.

MetricStream Solutions are used by some of the largest and most well-known organizations across industries. The solutions are recognized world-over for their flexibility, scalability and innovation.

MetricStream is positioned in the Leaders Quadrant of the Gartner Magic Quadrant for Enterprise GRC Platforms, 2010.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations.

MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the www.ComplianceOnline.com portal.

MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Jonathan Curtis, Director of Sales at MetricStream will be participating in a panel discussion on ‘Innovative Ways to Root out Fraud & Corruption in Business & Governments through Strong Controls, Ethics & Governance.’

Palo Alto, CA -- (SBWIRE) -- 04/14/2011 -- MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced its participation in the 5th Annual Fraud and Corruption Summit. Organized by MIS Training Institute, the conference will be held from 6th-8th April, 2011 in Copenhagen, Denmark.The theme of the conference is 'Governance, Leadership & Transparency: Turning off the Taps to Fraud, Corruption & Financial Crime in Business & Government'.

The world has come a long way since the Enron scandal. Stringent regulatory norms and robust internal compliance programs have helped organizations become more ethical and accountable. Yet rooting out fraud and corruption continues to be a challenge, as fraudulent activities become more and more sophisticated. Organizations across the world are striving to establish greater transparency and accountability through a proactive approach to preventing fraud. It involves a constant cycle of establishing and implementing ethics policies and guidelines, monitoring controls and risks through regular audits and resolving issues quickly.

The 5th Annual Fraud & Corruption Summit will provide critical insights into fraud prevention through case studies, keynote speakers, panel discussions and more. Experts from leading companies will come together to discuss successes, challenges and lessons learned in tackling fraud and corruption.

Speaking at the conference is MetricStream's Director of Sales, Jonathan Curtis. Jonathan will join a distinguished panel of speakers to discuss how organizations can innovatively root out fraud and corruption through strong controls, ethics and governance.

The discussion will revolve around implementing and following a strong corporate integrity policy, tracking international developments in anti-bribery and anti-corruption, strengthening risk management and corporate governance,and more.

For over a decade, MetricStream has provided a range of GRC solutions for risk management, auditing, compliance, ethics management, policy management, governance and more. Built on a centralized platform, MetricStream solutions streamline and integrate GRC programs, embedding a culture of accountability, compliance and Ethics within the organization. The solutions cut across organizational silos, enhancing collaboration and building closed-loop ethics management workflows.

MetricStream Policy Management solution provides a flexible framework to create, manage and publish compliance and ethics policies and guidelines in line with external regulatory norms. Each section and sub-section of the policies links to the organization's risks and controls framework, enabling seamless compliance workflows.

MetricStream Audit Management Solution supports continuous monitoring of controls and processes to identify risks, validate compliance with ethics policies, and proactively identify and resolve process gaps and discrepancies. The solution covers the entire audit management lifecycle, right from audit planning and scheduling, to field data collection, to implementation of audit recommendations.

Each MetricStream module is equipped with powerful capabilities including best practices, end-to-end workflow automation, dashboards for increased visibility, and regulatory notifications and alerts. A centralized training repository provides access to training content from a global community of experts, enabling organizations to establish a dynamic, robust compliance & ethics training program.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations.

MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Attendees will discover how to enhance audit processes, and use them to drive value for the business

Palo Alto, CA -- (SBWIRE) -- 04/14/2011 -- MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced its participation in the 51st Annual Seminar of the Chicago Chapter of the Institute of Internal Auditors. The event will be held on 4th April, 2011 in Rosemont, Illinois. Approximately 1,000 internal audit, finance and risk professionals are expected to attend.

Back in 2004, Bruce Nolop, CFO of Pitney Bowes told CFO magazine,"Internal Auditors are rock stars now. This is their day in the sun." Seven years later, the sentiment still holds. Internal auditors are playing a key role not just in monitoring controls and risks, but in communicating with stakeholders, providing strategic insights and improving business processes. Boards of management are relying on them to ensure that policies are being complied with, controls are functioning effectively and risks are being mitigated.

While the new role of internal audit is promising, it is also challenging. Auditors have to expand their roles and functions, and cope with increasing expectations while also dealing with budget cuts and diminished resources.

The IIA Chicago Chapter Annual Seminar will cover some of the key concerns of internal auditors. It will also discuss tools and best practices for efficient, value-driven audit processes. Highlighted topics include fraud, information technology, emerging issues and trends, and the future of audit.

MetricStream will be showcasing its Audit Management Solution at the seminar. Chosen by leading companies across the globe, MetricStream Solution is renowned for its innovative capabilities. The solution consistently demonstrates improved results in compliance, risk mitigation and control management.

MetricStream Audit Management Solution streamlines the management of the complete audit lifecycle - right from audit planning and scheduling, to field data collection, to reporting and review, to implementation of audit recommendations. The solution supports a variety of audits including operational audits, internal audits, financial audits, IT audits, supplier audits and quality audits.

Unique offline capabilities enable audits to be conducted at remote field sites. Subsequently, results are seamlessly integrated into the main database. Executive dashboards with drill down functionalities provide complete visibility into audit management workflows. They enable auditors and management to gain quick, enterprise-wide insights for strategic assurance and decision-making.

MetricStream solution automates end-to-end workflows, provides regulatory notifications when required and contains best practices for efficient audit management. The solution is also equipped with a centralized information repository for easy storage of and access to audit results, control assessments, company policies and other documentation.

MetricStream Audit Management Solution helps establish a systematic, workflow driven audit process, enabling auditors to focus on more value-driven functions such as analyzing audit data and making beneficial recommendations.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations.

MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Executives from LHS Business Control and MetricStream to share insights on how risk-based IT audits improve business performance, efficiency and cost-effectiveness

Palo Alto, CA -- (SBWIRE) -- 04/13/2011 -- MetricStream Inc., the market leader in Enterprise Governance, Risk and Compliance (GRC) solutions, announced today that Dr John Mitchell, Managing Director, LHS Business Control, will join Ramesh Srinivasan, Solutions Manager, MetricStream in a webinar entitled 'How to Enable Risk-based IT Audit Programs.'

About the webinar
IT Risk profiles are no longer what they used to be. Networks are becoming more complex, while phenomena such as Cloud computing, social networking and virtualization are fast dissolving the network boundary, bringing in new security risks and magnifying the impact of older ones. Today, risks such as fraud, cyber theft and even natural disasters have the potential to paralyze businesses and markets.

In response, organizations are making every effort to monitor and mitigate IT risks and controls through regular Audits. Yet business networks are vast and intricate; risks are ever-increasing and control management is complex. In the face of these challenges, a risk-based approach to IT audits yields better results, maximum efficiency and cost-effectiveness. It helps organizations prioritize audits by focusing on those risks and controls that have the most impact on the organization.

The webinar will highlight how to establish a comprehensive risk-based

IT audit plan that covers regulatory compliance risks, business information risks, IT governance risks and more. Speakers will provide perspectives on:

• What a risk-based IT Audit program is and why it is critical for an organization
• How to implement a risk based approach
• How to monitor Audit and controls continuously to ensure consistency
• How a risk based IT Audit framework can improve business performance

About the speakers
Dr John Mitchell - Managing Director, LHS Business Control (PhD, MBA, CEng, CITP, FBCS, MBCS, FIIA, MIIA, CISA, QiCA, CFE)
Dr Mitchell is an international authority on corporate governance, risk management and control self-assessment and the impact of regulatory and compliance issues on the delivery of corporate services. John has been an expert adviser in a number of UK commercial and criminal cases and has been featured in a major British computing publication as the 'IT Detective'. His doctorate in risk analysis techniques was awarded by City University, London, England. His MBA in financial control was awarded, with distinction, by Middlesex University, England.

Ramesh Srinivasan - Solutions Manager, MetricStream
Ramesh is responsible for managing marketing and business development initiatives for MetricStream's IT Governance Risk and Compliance solution. Ramesh has over 10 years of experience in Information Technology and Technology marketing. Prior to technology marketing, he worked as a software engineer, business analyst and database administrator in Fortune 500 companies. His areas of interest include automation of information security risk and compliance.

Join the webinar

The webinar is scheduled to take place on April 6, 2011 at 9 am PDT (12 pm EDT and 4 pm GMT). To register for this event, please click here:
http://www.metricstream.com/webinars/risk-based_IT-Audit_program_06apr11.html

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations.

MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

Media contact:
pr@metricstream.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Integrated audit solution helps achieve sustainable compliance and reduce compliance and safety risks, while improving business performance

Palo Alto, CA -- (SBWIRE) -- 04/13/2011 -- A Leading Oil & Gas Company from the Middle East has implemented MetricStream GRC solution for Audit Management and Corrective Action / Preventative Action (CAPA) Management. The solution enables the company to automate and integrate audit management across various departments and conduct audits electronically. It also streamlines the investigation and tracking of audit findings, allowing for corrective actions to be taken to improve compliance and safety management. MetricStream provides the industry's most advanced and comprehensive suite of solutions designed to meet the Governance, Risk and Compliance (GRC) needs of global corporations.

The customer, wholly owned by the Government, is a fully integrated oil company engaged in oil and gas exploration and production, as well as the refining, storage and distribution of petroleum products and natural gas. The company is sharply focused on environment protection and compliance with global standards in safety and quality. In line with best practices, the company has created an Environment, Health and Safety (EHS) policy that integrates the functions of occupational health, industrial safety and environment. The company also has a stringent and rigorous program for safety, quality and compliance management.

Earlier, the company's audit management process required each function - such as Operations, Environment, Health, Fire, Safety and Quality – to conduct audits without a common information system to plan and execute the overall audit program. Over 600 audits have to be completed each year. Moreover, audits were conducted and documented using paper-based processes and standalone spreadsheets. This made data compilation, reporting and tracking excessively resource intensive and time consuming.

With MetricStream Audit Management solution, they are now able to track audits, investigate findings and observations that require corrective actions, reduce costs and effort, and shorten the time required for auditing. In addition, MetricStream's comprehensive GRC Platform has enabled them to adopt an integrated enterprise-wide audit management strategy for sustainable compliance. Utilizing role-based dashboards, compliance and operations managers can reduce incidents, and improve key performance indicators (KPIs) and trend data for specific compliance areas. By tracking leading and lagging indicators to gain visibility into issues, managers can send notifications automatically if operations vary from the expected performance levels. Through integrated auditing – covering environment, health and safety, equipment reliability and maintenance and manufacturing operations – they have gained visibility into performance data to ensure that safety, compliance and risks are being managed effectively.

Commenting on the successful implementation of the MetricStream Audit Management solution, the Audit Manager at the company says, "We chose MetricStream primarily because of its track record in audit and compliance management. Having worked with leading global oil and gas companies, MetricStream is well-known for its feature-rich, user-friendly and flexible solutions. The company understood our requirements and mapped them to their solution to deliver an audit management system that was easy to roll out and has been quickly adopted in our organization."

"We are pleased to have them as an esteemed client in the oil and gas industry. While companies understand the importance of meeting compliance requirements, integrating compliance and audit processes can be a challenge. Only with the right technology can companies adequately address new forms of enterprise and operational safety and risk issues," says Shankar Bhaskaran, GM & VP of International Operations at MetricStream. "With MetricStream's GRC Platform, companies can efficiently manage compliance programs, monitor their business risks and confidently report to management and regulatory agencies."

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

The discussion will provide insights into how process automation can help minimize IT risks and build a robust information security framework

Palo Alto, CA -- (SBWIRE) -- 02/18/2011 -- MetricStream, Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced that its CEO, Shellye Archambeau, has been invited to speak at the 7th Annual Information Security and West Coast Emerging Growth Conference.

Organized by America's Growth Capital (AGC), the conference will be held on February 14, 2011 in San Francisco. Among the distinguished group of experts speaking at the event is Ms. Archambeau, who will be presenting a session on Automating Information Security Risk and Compliance Processes.

As the CEO of MetricStream, Ms. Archambeau has been instrumental in shaping the company's growth. Today, MetricStream is a global leader in the development of innovative and cutting-edge GRC solutions. Some of the largest and most well-known companies across industries, verticals and countries have chosen MetricStream to power their GRC programs.

Among the key features of MetricStream's solutions is their ability to automate crucial workflows in information security management. Over the last decade, information security has emerged as a key business priority. The increasing incidence of threats such as cyber-theft, hacking, viruses and fraud are leading more organizations to invest in building a secure, robust information security framework. However, challenges abound. Organizations have to constantly monitor risks and controls, provide reports and keep abreast of changing compliance regulations – all of which can be difficult to implement particularly in large-scale global operations.

Ms. Archambeau will provide insights into how such challenges can be overcome by automating risk and compliance workflows in information security management. Process automation not only minimizes risks, but it also helps organizations respond more efficiently to the full range of compliance requirements. More importantly, it enables organizations to proactively identity and manage vulnerabilities before they escalate into high-impact risks.

MetricStream IT-GRC Solution is designed to meet these very specifications. Equipped with innovative capabilities, the solution provides end-to-end automation for information security risk and compliance workflows. It also provides an accurate real-time view of risks across the enterprise through powerful executive dashboards that can be drilled down to analyze the information in greater detail.

Apart from managing risks more effectively, the solution's automated capabilities enable organizations to confidently coordinate all IT compliance requirements including PCI DSS, HIPAA, NERC and FISMA, and all compliance frameworks including COBIT, ITIL and ISO 27002. It eliminates the need for manual intervention or spreadsheets, and instead saves time, effort and resources.

MetricStream IT-GRC Solution is built on a central platform which integrates and streamlines the management of IT-GRC across departments, units and business locations. Advanced capabilities including built-in remediation workflows, embedded best practices and email based alerts help organizations stay ahead of information security requirements, thus minimizing revenue loss and maximizing business value.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor, and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over two million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

MetricStream GRC Platform will enable the company to proactively manage risks and compliance, improve process efficiencies and maximize business value

Palo Alto, CA -- (SBWIRE) -- 02/16/2011 -- MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced that one of the largest financial planning and advisory services companies in North America has chosen MetricStream GRC Platform to manage its risk, compliance and audit requirements. MetricStream GRC solutions will enable the client to streamline the management of Operational Risk, IT Policy and Risk, audit management, and compliance with regulations such as Sarbanes-Oxley (SOX). MetricStream solutions will also help the client enhance process visibility and facilitate a more efficient workflow.

The financial services institution helps hundreds of thousands of customers manage their finances and protect their assets better.

It offers a broad array of financial planning products and services to enable people to save, spend and invest wisely.

Complying with audit and regulatory demands is a top priority at the company. It has ongoing programs for all risk and assurance functions supported by localized and stand-alone systems; however, with the regulatory and risk environment becoming increasingly complex, the company was looking to upgrade its systems and adopt a collaborative, enterprise-wide approach to GRC.

The company wanted a solution that could help manage Internal Audits, Compliance, and Operational & IT Risk in a proactive, efficient and consistent manner. MetricStream stood apart from other solution providers because of its extensive experience in the financial services industry, its robust information model, the sophistication of its GRC Platform and its commitment to meet the client's specific requirements.

Having worked with leading financial companies across the world, MetricStream understands the unique challenges of the sector and implements its solutions to meet those needs. With MetricStream GRC solutions, financial service providers can confidently manage all risks, controls and compliance regulations. In addition, customers can manage assurance programs and the entire audit lifecycle with ease and efficiency, right from the planning stage, to fieldwork, to the implementation of audit recommendations.

Built on an enterprise-ready GRC Platform, MetricStream solutions can streamline collaboration and simplify workflow management across the enterprise. They enable business, geographic and departmental silos to be broken down in favor of a collaborative pattern of functioning. Automated, workflow-driven capabilities eliminate manual, error-prone and time-consuming processes, helping companies save valuable resources and manpower while ensuring accuracy and consistency.

Powerful dashboards and reporting features enhance visibility into GRC processes at any stage. Each dashboard provides drill-down capabilities for a more nuanced perspective into risk, compliance and audit data, enabling managers to make timely, informed decisions. In addition, a centralized information repository provides easy access to a library of records, documents, policies and regulations.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations.

MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor, and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Executives from Corporate Integrity and MetricStream will discuss best practices, pitfalls and success metrics to follow when implementing integrated GRC

Palo Alto, CA -- (SBWIRE) -- 02/15/2011 -- MetricStream, Inc., the market leader in Enterprise Governance, Risk and Compliance (GRC) solutions, announced today that Michael Rasmussen – Risk and Compliance Advisor, Corporate Integrity, will join Gaurav Kapoor - CFO and General Manager, MetricStream, in a webinar on 'Succeeding at Governance, Risk and Compliance (GRC).

About the webinar
With Governance, Risk and Compliance Management becoming a core element of business strategy, siloed risk, compliance and audit approaches are giving way to integrated GRC frameworks that provide much more value and benefits. An integrated GRC approach allows companies to streamline workflows, improve collaboration across the enterprise, confidently address a multitude of compliance requirements and wield greater control over risks. It also helps them reduce costs and focus on their core business rather than devote maximum time, energy and resources solely to GRC management.

Clearly, integrated GRC management bodes well for organizational profitability. However, implementing it, especially in large-scale global organizations, is extremely challenging. This webinar details some of the pitfalls to avoid and best practices to follow while building an integrated GRC program.

The speakers will provide perspectives on:

* Lessons learnt from successful GRC implementations
* Key people, process and technology issues with integrated GRC
* Proven approaches for measuring success and ROI of GRC
* Pitfalls to avoid when implementation integrated GRC
* Dealing with the convergence of business and IT risks

About the speakers
Michael Rasmussen - Risk & Compliance Advisor, Corporate Integrity
Michael Rasmussen, is the authority in understanding Governance, Risk, and Compliance (GRC). He is a sought-after keynote speaker, author, and collaborator on GRC issues around the world and is noted for being the first analyst to define and model the GRC market for technology and professional services. With more than 15 years of experience, Michael's objective is to assist organizations in defining GRC processes that are sustainable, consistent, efficient, and transparent.

In June 2007, Treasury & Risk recognized Michael as one of the 100 most influential people in finance with specific accolades noting his work in "Governance and Compliance: Saving the Planet and the Corporation."

Gaurav Kapoor, CFO and General Manager, MetricStream
As the CFO and General Manager of MetricStream, Gaurav has worldwide responsibility for Finance, Marketing, Business Development and the ComplianceOnline.com business unit. During his tenure at MetricStream, Gaurav has been instrumental in shaping key strategic initiatives and driving overall financial performance of the company. Gaurav brings nearly a decade of marketing, finance and operating experience with Citigroup and has spent several years in executive operating roles with venture-backed enterprise software and internet companies.

Join the webinar
The webinar is scheduled to take place on Tuesday, February 8, 2011 at 10 am Pacific Time (1 pm Eastern Time, 6 pm GMT). To register for this event, please click here:
http://www.metricstream.com/webinars/succeeding_GRC_08feb11.html

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations.

MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor, SunTrust Banks and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

MetricStream GRC Platform to be the next generation technology infrastructure for Internal Audit worldwide

Palo Alto, CA -- (SBWIRE) -- 02/11/2011 -- MetricStream, Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced that one of the largest global financial services organizations with operations in consumer, corporate and investment banking and insurance, has chosen MetricStream to automate and streamline its worldwide internal risk-based audit programs. MetricStream Solution will help the institution's global audit group adopt next generation internal audit technology infrastructure. The group is responsible for providing independent assessments of the company's risk and control environment, raising issues and making recommendations that influence business management processes and senior management decisions.

The client, a global diversified financial services company, provides consumers, corporations, governments and institutions with a range of financial products and services in more than 100 countries. Its global audit group reports to the board's Audit Committee.

It also shares risk and compliance information with industry regulators and external auditors. The group's audit and risk review program covers hundreds of audit entities and is based on a robust, mature audit methodology that spans audit universe risk assessment and management, audit execution, continuous monitoring, issue management and management reporting of audit plans and results.

When the existing legacy system for audit and workpaper management reached its end of life, the company undertook a major initiative to upgrade its technology infrastructure with a next-generation audit solution. The company's goals were to seamlessly support its audit methodology, while providing richer and more integrated capabilities for auditor collaboration, methodology changes, flexibility in audit universe definition and audit execution, workflow configurations, performance metrics and reporting, and analytics for trending and horizon risks identification.

MetricStream emerged as the vendor of choice based on its market-leading solution for risk-based audit management, as well as its experience and business knowledge in financial services. MetricStream has already made several successful GRC implementations at some of the world's largest banks, private equity firms, stock exchanges, central banks, insurance companies, asset management firms and federal financial institutions.

By implementing MetricStream Solution, the customer expects to achieve superior risk management and control that is integral to an organization with vast product breadth, customer access, geographic reach and capital strength. The audit teams will use MetricStream Internal Audit Management Solution to analyze risks of all major businesses, develop audit coverage strategies, execute reviews and conduct ongoing monitoring of business and control developments - while providing top management with complete real-time visibility into internal audit programs and outcomes.

MetricStream's selection by the client follows on the heel of several similar selections which indicate MetricStream as the preferred GRC solutions provider for large corporations. This is because MetricStream GRC Platform is uniquely architected to suit global-scale implementations and meet complex requirements for security, access controls, integration and configurability.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

The discussion will provide insights on the tools and techniques that an organization could use to manage risk effectively

Palo Alto, CA -- (SBWIRE) -- 01/21/2011 -- MetricStream, Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced that its VP International Business, Shankar Bhaskaran has been invited by IIA UK to address the Heads of Audit in some of the Leading organizations in the UK on the factors that need to be considered prior to purchasing a risk management software and how to go about evaluating the success of using the software.

With changing business processes, broad requirements and multiple stakeholders to satisfy, it is imperative for companies to weigh out the benefits of a risk management system while balancing immediate needs with long term strategy. Mr. Bhaskaran will provide insights on the do's and don'ts and things to look out for in evaluating a software solution that provides an integrated approach encompassing all dimensions of Risk, Audit & Compliance. The session will highlight how to go about benchmarking the Risk Program and address some of the operational challenges that could arise in implanting a software solution.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations.

MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, BP, Subway, Fairchild Semiconductor, Hitachi and Taylor Made-Adidas Golf in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Executive member from Institute of Internal Audits and MetricStream to discuss how Audit Departments can implement an integrated risk-based audit process across the enterprise to improve business performance and reduce cost

Palo Alto, CA -- (SBWIRE) -- 01/20/2011 -- MetricStream Inc., the market leader in Enterprise Governance, Risk and Compliance (GRC) solutions, announced today that William J. (Bill) Mulcahy - Chairman of the Institute of Internal Auditors 2010 International Conference in Atlanta, Georgia, will join Gaurav Kapoor, CFO and General Manager, MetricStream, in a webinar on Risk Based Auditing.

About the webinar
The ambiguous economic milieu of today places higher demands on auditors. In their changed roles, auditors are the gatekeepers to certify complete safety and risk control. Companies need an assurance from their auditors to confirm the effective management of relevant risks and smooth functioning of appropriate controls to protect the company from hazardous circumstances.

Auditors need to adopt a streamlined risk-based audit process to handle greater risk areas. Reliable assessment of controls across all parameters of the enterprise ensures higher compliance with statutory, legal and regulatory needs. As a trend to cope with the new challenges, majority of large global enterprises are looking at restructuring their audit management system by moving to an integrated risk-based approach to auditing.

A robust and integrated audit management solution can support organizations in their transition to risk-based auditing and drive efficiency, collaboration, visibility and cost-reduction into the operations of the enterprise.

The webinar will deliver a 360 degree perspective on adopting risk-based auditing. The speakers will provide insights on:

- Developing a risk-based audit plan for the organization focusing on key risks
- Creating a risk-centric environment for managing new threats and challenges
- Monitoring Internal Audit and controls to ensure consistency
- Improving business performance through risk-based internal audit framework

About the speakers

William J. (Bill) Mulcahy, CPA, CIA, MS
Bill is the Chairman of the Institute of Internal Auditors 2010 International Conference in Atlanta, Georgia. Bill is Chairman of the Board and past President of the 1,900 member Institute of Internal Auditors, Atlanta Chapter. Starting at Emory University in1989, he has served as the Director of the Office of Grants and Contracts Accounting, an Associate Vice President for Finance and Administration, and as the Chief Audit Officer. Bill was the Chief Audit Officer for Emory University, from 1994 until his retirement in 2007. Prior to coming to Emory, Bill earned his Certified Public Accountant designation during his ten years with Arthur Andersen & Co.

Gaurav Kapoor, CFO and General Manager, MetricStream
As the CFO and General Manager of MetricStream, Gaurav has worldwide responsibility for Finance, Marketing, Business Development and the ComplianceOnline.com business unit. During his tenure at MetricStream, Gaurav has been instrumental in shaping key strategic initiatives and driving overall financial performance of the company. Gaurav brings nearly a decade of marketing, finance and operating experience with Citigroup and has spent several years in executive operating roles with venture-backed enterprise software and internet companies.

Join the webinar
The webinar is scheduled to take place on Tuesday January 18, 2011 at 09:00 am Pacific Time (12:00 pm Eastern Time, 05:00 pm GMT) To register for this event, please click here: http://www.metricstream.com/webinars/risk_based_auditing_18jan11.html

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations.

MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, BP, Subway, Fairchild Semiconductor, Hitachi and TaylorMade-Adidas Golf in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Solution will enable all risk, compliance and audit initiatives to be managed from an integrated enterprise-wide platform

Palo Alto, CA -- (SBWIRE) -- 01/10/2011 -- MetricStream, the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced that the Federal Home Loan Bank of Chicago (FHLBC) has chosen MetricStream to integrate its GRC initiatives across the enterprise using MetricStream GRC as its single platform. MetricStream GRC Platform will enable FHLBC to manage risks, streamline its compliance reporting and documentation, and track and remedy exceptions.

"We are extremely pleased to partner with FHLBC," says Gaurav Kapoor, CFO and General Manager at MetricStream. "FHLBC's selection of MetricStream cements our position as the preferred GRC provider for banks and financial services organizations."

About the Federal Home Loan Bank of Chicago
The Federal Home Loan Bank of Chicago is an $87.7 billion wholesale bank, serving the needs of member financial institutions located in Illinois and Wisconsin. The FHLB Chicago's mission is to work in tandem with these member institutions to provide liquidity, term funding, mortgage purchase options, and direct support for community investment and affordable housing initiatives.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, BP, Subway, Fairchild Semiconductor, Hitachi and TaylorMade-Adidas Golf in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

MetricStream to support continuing assessment of business risks and controls across the organization

Palo Alto, CA -- (SBWIRE) -- 01/10/2011 -- MetricStream, the market leader in enterprise-wide Governance, Risk and Compliance solutions, today announced that BAE Systems, Inc. has chosen MetricStream Internal Audit Management solution to automate and streamline its risk-based internal audit program and International trade compliance initiatives.

BAE Systems, Inc., the U.S. subsidiary of BAE Systems plc, is a premier global defense and security company that focuses on providing a wide array of solutions to the changing needs of the U.S. government including the Department of Defense and civil agencies.

BAE Systems selected MetricStream after an exhaustive evaluation of leading Governance, Risk, Compliance and Audit management solution providers, with an emphasis on risk management, compliance with government regulations and governance in addition to end-to-end functionality for managing the complete audit lifecycle.

The internal audit function at BAE Systems supports the company's board of directors in assessing the effectiveness of internal controls.

By implementing MetricStream, BAE Systems will adopt a fully-integrated audit management system with documentation and reporting capabilities tailored to suit the precise needs of BAE Systems internal audit function.

MetricStream GRC solution implementation at BAE Systems includes the concepts of strategic planning, operational management and internal controls into auditing and assessments by mapping operational risks to industry-standard frameworks such as COSO and COBIT, tracking Key Performance Indicators (KPIs), and streamlining operational risk management efforts with a centralized risk register and a risk mitigation strategy for each site, business area, sector and corporate level.

"BAE Systems' mission is delivering sustainable relationships that are built on customer focus, responsible behavior, financial performance and excellent execution of programs," said Michelle Lamberton, vice president of Internal Audit for BAE Systems, Inc. "Leveraging the MetricStream technology will improve efficiencies and performance, by enabling enhanced collaboration, streamlining information gathering and creating clear visibility for our internal audit program."

"We are pleased that BAE Systems has selected MetricStream for this critical initiative," says Gaurav Kapoor, CFO and General Manager at MetricStream. "MetricStream Risk, Audits, Compliance and Policy management solutions will allow BAE Systems to manage multi-dimensional risk, audit and compliance requirements on an integrated platform. This selection illustrates the trend within large global corporations to choose an enterprise-wide GRC Platform for multiple initiatives and MetricStream's leadership position in the industry.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor, SunTrust Banks and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

MetricStream's customer quality management solution will help the leading advanced semiconductor manufacturer better manage risk and achieve compliance with customer mandates and industry standards for product quality and reliability

Palo Alto, CA -- (SBWIRE) -- 12/17/2010 -- MetricStream Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced that a global leader in the design and manufacture of advanced semiconductors has chosen MetricStream for customer quality management for better product risk management and improved compliance with customer mandates and industry standards. The MetricStream solution will help the Silicon Valley based NASDAQ listed public company to track quality and nonconformance issues reported by customers in real time, investigate them and implement corrective actions with speed and agility. The program is expected to yield key benefits including increasing process efficiency, mitigating product risk and reducing the overall cost of quality in a sustainable manner.

The company designs and manufactures a range of high performance electronics including microcontrollers, capacitive touch solutions, non-volatile memory and radio frequency (RF) components for the industrial, communications, consumer, computing and automotive markets. The company has existing quality management programs to adhere to industry and quality standards such as ISO 9001. Now with MetricStream Solutions, it can further its commitment to quality and continuous improvement by gaining complete visibility into customer complaints and noncompliance issues, analyzing their root cause and resolving them quickly and efficiently. MetricStream's rich, comprehensive and flexible solutions, coupled with a proven track record and impressive customer base in the high tech manufacturing industry stood out in the evaluation process and was a key factor in the selection.

"We are delighted that another global semiconductor company has chosen the MetricStream GRC Platform to improve business performance," says Prashanth Shetty, Vice President at MetricStream. "Over the last few years, MetricStream has established itself as the leading vendor of quality, compliance and risk management solutions for high tech companies spanning internal as well as vendor supplier, and customer facing business processes."

MetricStream provides customers with a structured workflow-driven solution to harmonize quality, compliance and risk management across the enterprise. This is particularly critical for a global organization with thousands of employees, suppliers and customer spread across the world. With MetricStream GRC and Quality Management solutions, an integrated approach to quality, compliance and risk management can be adopted - this fosters collaborate and enables smooth flow of information with real-time tracking of issues and predictable implementation of corrective actions.

High tech companies are facing a growing mix of complex products, shorting product lifecycles and an increasingly competitive environment. MetricStream solutions support product quality and reliability, operational excellence, and supply chain performance that are critical for improving bottom-line costs and delivering top-line growth, adding value across the value chain and enabling high tech companies to deliver differentiated products and minimizing business risks .

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor, SunTrust Banks and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Featuring a Forrester Research analyst and MetricStream executive, the webinar will provide insights and best practices on building a sustainable GRC framework

Palo Alto, CA -- (SBWIRE) -- 12/14/2010 -- MetricStream Inc., the market leader in Enterprise Governance, Risk and Compliance (GRC) solutions, announced today that Chris McClean – Analyst, Forrester Research, will join Gaurav Kapoor - CFO and General Manager, MetricStream, in a webinar on 'The Current Landscape of GRC Platforms: Planning for 2011 and Beyond.'

About the webinar
Over the past few years, GRC management has emerged as a top business priority. Companies are investing significant time, costs and effort in developing strategies to proactively mitigate risks, comply with industrial regulations, improve audit management and enhance profitability.

Technology plays a key role in these endeavours. Not only does it improve the effectiveness of GRC management, it also enhances efficiency and collaboration, and reduces costs. In response, an increasing number of risk and compliance professionals are opting for GRC platforms.

However, each organization's GRC needs are unique. How does one build a framework that is aligned with those needs? More importantly, how can that framework address future GRC concerns?

The webinar will provide insights into these questions and help companies understand the current landscape of GRC platforms. It will also identify those factors that need to be taken in to consideration when planning GRC strategies for the future.

The speakers will provide perspectives on:

* Designing information models to aggregate and correlate GRC data
* Deriving value from risk intelligence and regulatory content
* Using GRC analytics and BI to synthesize meaningful information
* Integrating GRC closely with IT infrastructure, applications and data
* Focusing on process improvement, loss mitigation and strategic decision-support
* Delivering value at the corporate board and executive levels

About the speakers

Chris McClean, Analyst, Forrester Research
Chris McClean contributes to Forrester's offerings for the Security & Risk professional, leading the company's coverage of governance, risk, and compliance (GRC). He is also a thought leader on the related issues of corporate social responsibility (CSR) and sustainability. Chris serves Forrester clients with research and consulting on GRC and CSR strategy, organization, best practices, and technologies. He is a frequent speaker on these subjects at vendor events as well as conferences run by industry organizations such as the Risk Management Association. He has also been interviewed by top media outlets such as CFO Magazine, Compliance Week, Treasury & Risk Magazine, and CRO Magazine.

Gaurav Kapoor, CFO and General Manager, MetricStream
As the CFO and General Manager of MetricStream, Gaurav has worldwide responsibility for Finance, Marketing, Business Development and the ComplianceOnline.com business unit. During his tenure at MetricStream, Gaurav has been instrumental in shaping key strategic initiatives and driving overall financial performance of the company. Gaurav brings nearly a decade of marketing, finance and operating experience with Citigroup and has spent several years in executive operating roles with venture-backed enterprise software and internet companies.

Join the webinar
The webinar is scheduled to take place on Thursday, December 9, 2010 at 10 am Pacific Time (1 pm Eastern Time, 7 pm CET). To register for this event, please click here:
http://www.metricstream.com/webinars/GRC_platforms_planning_for_2011_09dec10.html

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor, SunTrust Banks and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Executives from FHLB Chicago and MetricStream will provide insights on how companies can build an integrated, collaborative and profitable risk and audit management framework

Palo Alto, CA -- (SBWIRE) -- 12/14/2010 -- MetricStream Inc., the market leader in Enterprise Governance, Risk and Compliance (GRC) solutions, announced today that Tom Harper – Senior Vice president and General Auditor at the Federal Home Loan Bank of Chicago, will join Gaurav Kapoor - CFO and General Manager at MetricStream, in a webinar on 'Managing Risk and Audit at Federal Institutions and Government Departments.'

About the webinar
The GRC landscape confronting federal agencies has significantly altered over the last decade. Today, it is characterized by an ever-growing number of compliance regulations, complex federal directives, increasing risks and data security threats. Agencies are under tremendous pressure to cope with these challenges through consistent risk monitoring and rigorous audits. However, the traditional, siloed approach to risk and audit management is no longer effective. Neither are legacy systems.

As departments, units and operations become more interdependent, the need for integrated risk and audit management is growing. Enterprise-wide technology frameworks are fast proving to improve collaboration, reduce costs and enhance the effectiveness of GRC strategies.

The webinar will provide insights and best practices on how companies can build such collaborative, integrated frameworks for risk and audit management. Participants will gain a perspective on:

* Key challenges and issues in managing risk and audit in a federal agency
* Characteristics of an enterprise-wide risk and audit program and steps to reinforce it
* Core functionality of the next generation framework and technology

About the speakers

Tom Harper – SVP General Auditor at FHLB Chicago
Tom Harper is Senior Vice President and General Auditor for the Federal Home Loan Bank of Chicago. Prior to joining the Bank as Audit Director in June 2005, he worked for JPMorgan Chase (formally Bank One). Tom was in charge of the teams supporting Capital Markets & International Treasury Services, Commercial and Corporate areas, and Investment Banking.

Latterly, he was accountable for the audit of JPMorgan's corporate areas based out of New York. Prior to coming to Chicago, he was a manager on the International audit team based in the UK. Tom has managed business and technology audits and brings a proactive and creative product and business knowledge to all projects. Prior to JPMorgan/Bank One, Tom worked for BZW (a securities house) and prior to that KPMG for 5 years.

Tom is a Chartered Accountant, Certified Information Systems Auditor, Certified Internal Auditor and a Certified Financial Services Auditor. He is a member of the Institute of Chartered Accountants in England and Wales, the Information System Audit and Control Association, the Institute of Internal Auditors and the National Association of Corporate Directors. He is a graduate of the Imperial College of Science and Technology, London.

Gaurav Kapoor, CFO and General Manager, MetricStream
As the CFO and General Manager of MetricStream, Gaurav has worldwide responsibility for Finance, Marketing, Business Development and the ComplianceOnline.com business unit. During his tenure at MetricStream, Gaurav has been instrumental in shaping key strategic initiatives and driving overall financial performance of the company. Gaurav brings nearly a decade of marketing, finance and operating experience with Citigroup and has spent several years in executive operating roles with venture-backed enterprise software and internet companies.

Join the webinar
The webinar is scheduled to take place on Wednesday, December 8, 2010 at 9 am Pacific Time (12 pm Eastern Time, 6 pm CET). To register for this event, please click here:
http://www.metricstream.com/webinars/risk_audit_in_federal_institutions_08dec10.html

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor, SunTrust Banks and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

MetricStream Director of GRC Solution, Ed Park, will be presenting at the event on ‘Upgrading Internal Audit Infrastructure.’

Palo Alto, CA -- (SBWIRE) -- 11/30/2010 -- MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced its participation at the Institute of Internal Auditors (IIA) 2010 Fall Conference organized by the Philadelphia Chapter. The conference will be held on November 22, 2010 in Philadelphia, and will bring together industry leaders and auditors from across companies to discuss the trends and challenges of internal audit. MetricStream Director of Sales, Ed Park will be presenting at the event on 'Upgrading Internal Audit Infrastructure.'

Participants at the conference will get the opportunity to learn best practices, interact with industry leaders and network with peers. A number of sessions have been organized covering key issues such as fraud, information security, risk management and ethics – all of which are targeted at helping internal auditors manage their responsibilities proactively and efficiently, stay ahead of business demands and drive value for their organizations.

Since the financial crisis, the role of internal auditors has shifted from a traditional, control-based approach to a more progressive risk and compliance-centered approach. Auditors are being called upon by investors and boards of management to deliver strategic business assurance and value. In the process, they have to deal with several new challenges including tougher regulatory pressures, new risk scenarios and increasing demands for transparency.

MetricStream presentation will focus on how these challenges can be overcome by upgrading internal audit infrastructure. Ed Park, will discuss how technology can strengthen the audit function, improve collaboration, enhance visibility and deliver hard metrics for strategic decision-making.

Used by leading organizations across the world, MetricStream technology helps internal auditors manage risks and compliance with ease and confidence. Its Audit Management Solution comes equipped with powerful capabilities to manage the entire audit lifecycle – from audit scheduling and planning, to data collection, to the development of audit reports, to the implementation of audit recommendations.

Built on single platform, the solution streamlines and integrates audit management across the enterprise. As a result, restrictive silos are eliminated and collaboration is improved. Centralized dashboards enhance visibility and transparency and provide auditors with a single point of reference to manage the entire audit universe. The information gleaned from these dashboards can be used to aid strategic decision making and drive value.

Additional features include issue-based remediation workflows, embedded best practices and sophisticated risk assessment methodologies. A centralized document repository ensures easy storage and access to all audit related data, while a training module enables effective management of the complete training process.

The solution is easy-to-use, scalable and flexible. Using it, internal auditors can successfully shift from legacy systems and manual processes to a web-based system with automated, efficient workflows.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor, SunTrust Banks and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

The conference will bring together leading speakers and professionals in the global healthcare products sector to exchange ideas, best practices and strategies for success

Palo Alto, CA -- (SBWIRE) -- 10/29/2010 -- MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) and Quality Management solutions, today announced that it is participating in the 2010 Annual Conference and Exhibition organized by the Regulatory Affairs Professionals Society (RAPS). Aptly themed 'Succeed in the Global Regulatory Landscape', the event will be held from October 24-27, 2010 in San Jose, California. More than 2,000 regulatory professionals in the healthcare products sector are expected to converge at the event to network and expand their knowledge.

As one of the most heavily regulated sectors, Healthcare Products comes with a wide range of regulatory challenges and opportunities. Auditors, risk managers, compliance managers and other regulatory professionals are constantly faced with new markets, increasing customer demands, advanced technologies and growing regulatory demands. In response, they are required to quickly master new areas of knowledge, take on additional responsibilities and improve business value.

In this demanding environment, the 2010 RAPS Annual Conference and Exhibition aims to help regulatory professionals position themselves and their company for global success. The event will feature more than 70 education sessions on relevant regulatory topics, more than 200 leading industry experts sharing best practices and strategies for success, and more than 2,000 regulatory colleagues coming together to network and exchange ideas.

MetricStream will be participating as an exhibitor at the three-day event. Recognized across industries for its easy-to-use, flexible and scalable solutions, MetricStream has emerged as a market leader in the GRC space. Leading healthcare product companies around the world use MetricStream Solutions to effectively mitigate risks and overcome compliance challenges, while reducing costs and improving business value.

MetricStream Solutions are built on a single platform, allowing GRC requirements and activities to be streamlined across the enterprise. Using MetricStream solutions, companies can assess and monitor risks, define controls, manage audits, identify issues and implement remediation actions from a single point of reference. This integrated approach to GRC management eliminates redundant regulatory activities and improves collaboration across business departments, units, operations and geographies.

The solution contains a range of automated functionalities which reduce the need for manual operations. This way, healthcare product companies can improve cost-effectiveness, efficiency and accuracy. They can also reduce development risks and accelerate approval cycles through powerful risk assessment methodologies, data analytics, risk calculators and trending capabilities. Problems such as safety issues that arise during the process can be routed through an issue management module for investigation and resolution.

The solution uniquely combines software and content to deliver a holistic approach to GRC management. Powerful dashboards with drill down capabilities improve process transparency and enable managers to proactively identify, track and resolve quality issues.

Advanced compliance management capabilities help to manage regulations and standards across varying regulatory bodies, countries and business functions. Pharmaceutical companies, for instance, can use MetricStream solutions to reduce non-compliance risks, accelerate time-to-market and improve cost-effectiveness while ensuring compliance with FDA requirements, GXPs, reporting mandates, international drug safety standards and cross-industry regulations such as SOX. Features such as embedded best practices, control frameworks and automated alerts ensure that companies stay ahead of compliance demands with ease and confidence.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor, SunTrust Banks and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Palo Alto, CA -- (SBWIRE) -- 10/27/2010 -- MetricStream, the leading provider of Governance, Risk and Compliance (GRC) solutions, today announced it has been positioned by Gartner, Inc. in the "Leaders" quadrant of the 2010 Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms".

"We believe MetricStream's position in the Leaders quadrant by Gartner accurately reflects our ability to deliver unmatched GRC platform capabilities to address a vast array of business risks and compliance requirements in an integrated manner as organizations worldwide seek to build a robust governance architecture for sustainable business performance," said Shellye Archambeau, CEO at MetricStream.

MetricStream continues to enrich its core GRC platform and products for Audit Management, Risk Management, Regulatory Compliance, Policy Management, Financial Controls, IT-GRC, Quality Management and Supplier Governance for enabling an integrated GRC strategy. With release of MetricStream GRC Platform 6, MetricStream has delivered significant innovations to enable performance management, improve usability and navigation, enhance scalability and reliability, simplify integration with external system, implement CCM and automated controls, leverage regulatory content and intelligence, deliver advanced analytics and visualization and accelerate application development and configuration.

"By delivering industry-specific solutions, content and functionality for some of the largest global corporations in sectors like banking & financial services, energy & utilities, insurance, healthcare, life sciences, food & beverage and manufacturing, MetricStream has built a solid track record and a reputation for responsiveness to customer needs and market demands," says Gaurav Kapoor, CFO and General Manager at MetricStream.

This Gartner Magic Quadrant for EGRC platforms presents a global view of Gartner's assessment of the main software vendors that should be considered by organizations seeking a technology solution to support the oversight and operation of enterprise-wide risk management and compliance programs, with the overall objective being improvements in corporate governance and the ability to achieve business objectives. MetricStream was one of 18 companies that were analyzed in the report which evaluated governance, risk and compliance (GRC) platform providers on their ability and success in making their vision a market reality.

1. Gartner, Inc. "Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms" by French Caldwell, October 13, 2010

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor, SunTrust Banks, Cummins and Federal Home Loan Banks in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

About the Magic Quadrant
(1) The Magic Quadrant is copyrighted 2010 Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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The conference will bring together IT professionals, experts and vendors to discuss how they can maximize the value of IT while minimizing risks

Palo Alto, California -- (SBWIRE) -- 10/25/2010 -- MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced its participation in the IT-GRC conference organized by the Information Systems Audit and Control Association (ISACA). The conference will be held on October 6-8, 2010 in Boston, Massachusetts, and will provide insights on how IT professionals can enhance the value of IT, manage risks and maintain a proactive, agile GRC framework.

Today, Information Technology lies at the very heart of business operations and counts as one of the most crucial business assets. Yet managing it is a huge responsibility. IT professionals have to align IT with business objectives, reduce costs and maximize business value. At the same time, they have to stay alert to system vulnerabilities and risks such as cyber-fraud, hacking and cyber-theft while coping with a fast fading network perimeter.

The ISACA IT-GRC conference will address these challenges and explore how IT professionals can drive business value. Participants will get the opportunity to discuss the topics most important to them, pick up best practices from industry experts, expand their professional networks and interact with leading vendors.

MetricStream will be participating in the conference and showcasing its world-class IT-GRC solutions. Recognized by leading industry experts, the company is consistently breaking new ground in innovation, sophistication and flexibility. Its solutions are widely used by some of the world's largest and most renowned organizations across industries and countries.

MetricStream IT-GRC Solution is a comprehensive platform that combines software and content to provide a holistic approach to IT-GRC management. It streamlines the process across the enterprise, enabling all aspects of IT-GRC to be controlled from a single point of reference. This way, enterprise-wide collaboration is improved while GRC redundancies are eliminated. Powerful tools such as built-in remediation workflows, embedded best practices, training content from experts and automated alerts ensure that IT professionals can manage risk and compliance effectively while deriving the most value from IT.

The solution is both flexible and extendable, allowing it to be customized to meet each organization's unique needs. The centralized risk management framework simplifies the assessment, analysis and monitoring of risks and controls while delivering timely information to proactively address IT risks in line with corporate objectives. If issues or deficiencies are identified, they are either resolved instantly or routed to the appropriate personnel for investigation and remediation. This helps to eliminate any surprises and makes the IT-GRC process predictable.

The solution enables the entire audit lifecycle to be managed from a single platform. Built-in reporting capabilities and powerful dashboards improve transparency into the GRC process, allowing managers to make timely decisions based on hard facts and metrics. A centralized document repository provides easy storage and access to all IT-GRC documents including policies, supplier certifications, compliance records and control data.

Embedded into the platform is MetricStream's United Compliance Framework which standardizes a common set of controls to map to compliance frameworks such as ISO 27002, COBIT and ITIL, as well as compliance regulations such as SOX, FFIEC, PCI, GLBA, CMS, NERC and NIST. This comprehensive database enables organizations to minimize compliance costs while effectively addressing the complexity of IT compliance.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor, SunTrust Banks and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.complianceonline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

French Caldwell, Research VP at Gartner Research, and Gaurav Kapoor, CFO and General Manager at MetricStream, will provide insights on the value of GRC in navigating risks and leveraging opportunities of the new economic climate

Palo Alto, CA -- (SBWIRE) -- 10/13/2010 -- MetricStream Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced that French Caldwell - Research Vice President at Gartner Research and author of the Gartner Magic Quadrant for E-GRC Platforms, will join Gaurav Kapoor, CFO and General Manager of MetricStream in a topical webinar titled 'The Next Steps in GRC: Balancing Risk and Opportunity.'

About the webinar
For the first time since the recent financial crisis, the mood is optimistic. Stocks have picked up, markets have begun to bounce back and lending has improved. Yet, an air of caution and skepticism still pervades the economic climate. Many businesses, reeling from the crisis, are wary about the uncertainties that lie ahead. Confronted with increasing risks and compliance regulations, their appetite for risk has significantly reduced.

But within the turmoil there are tremendous opportunities to be gained. The key is to establish an effective GRC framework that balances risks and opportunities, aligns risk management with corporate objectives and maximizes profitability.

Successful companies have made risk and compliance management the center of their strategic decision making processes. They have designed integrated GRC programs that proactively control risks and compliance, provide business intelligence, improve transparency and accountability and streamline risk and compliance management across the enterprise.

The webinar will provide insights on what makes up an effective GRC program and how it can be used to succeed in the current economic climate. Attendees will learn about:

* The new risk and compliance landscape
* The role of an integrated GRC strategy in balancing risk and opportunity
* Reinforcing risk management capabilities
* The role and impact of GRC at various organizational levels
* The impact of regulatory compliance on IT decisions and planning

About the speakers
French Caldwell - Research VP, Gartner Research
French Caldwell is a Vice President in Gartner Research, where he leads Governance, Risk and Compliance research. Mr. Caldwell also writes and presents on knowledge management. His research includes analyses of the impact of regulatory developments on IT, compliance technologies, corporate governance, Enterprise and IT Risk Management, and Knowledge Management. Prior to joining Gartner, Mr. Caldwell was the director of knowledge services in a global consulting practice, where he worked with strategic clients, including the Central Intelligence Agency and the Department of Defense.

Gaurav Kapoor - CFO and General Manager, MetricStream
As the CFO and General Manager of MetricStream, Gaurav has worldwide responsibility for Finance, Marketing, Business Development and the ComplianceOnline.com business unit. During his tenure at MetricStream, Gaurav has been instrumental in shaping key strategic initiatives and driving overall financial performance of the company. Gaurav brings nearly a decade of marketing, finance and operating experience with Citigroup and has spent several years in executive operating roles with venture-backed enterprise software and internet companies.

Join the webinar
The webinar is scheduled to take place at 11:00 AM Pacific Time (2:00 PM Eastern Time) on Wednesday, October 13, 2010. To register for this event, please click here:
http://www.metricstream.com/webinars/gartner_risk_management_grc_webinar_13oct10.html

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor, SunTrust Banks and Cummins in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

The event will provide insights into the healthcare regulatory landscape, emerging trends and best practices for compliance

Palo Alto, CA -- (SBWIRE) -- 10/07/2010 -- MetricStream, Inc., the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions, today announced its participation in the Fraud and Compliance Forum, sponsored by the American Health Lawyers Association (AHLA) and the Health Care Compliance Association (HCCA). The conference will be held in Baltimore, Maryland, from September 26-28, 2010.

Healthcare has always been one of the most heavily regulated industries in the US. But in the wake of the proposed US Healthcare reforms as well as increasing fraud threats, the number of regulations is poised to increase. Thus in addition to existing regulations such as HIPAA, newer mandates such as PPACA and the Stark Act have also emerged. Healthcare organizations have their task cut out for them as they navigate the complexities of these regulations while focusing on patient care.

The Fraud and Compliance Forum will delve into how healthcare organizations can overcome the many regulatory challenges and issues ahead of them. Organizations that attend the conference will get the opportunity to network with peers, gain a better understanding of healthcare regulations and discover new ways in which to address them.

MetricStream will be participating in the three-day event and showcasing its market leading GRC solutions. Renowned for their unique combination of software, content and consulting services, MetricStream Solutions have yielded tremendous benefits to healthcare organizations across the world. Their flexibility and scalability allow them to be customized to meet each organization's specific needs and demands.

MetricStream's solution framework has been designed such that all risk, compliance and quality requirements can be controlled from a centralized platform. For instance, MetricStream Compliance Management Solutions provides a single reference point for healthcare organizations to manage the entire spectrum of compliance regulations ranging from OIG requirements to HIPAA, and the SOX Act to PPACA. This streamlined approach helps break down organizational silos in favor of a more collaborative, efficient way of functioning.

Using the Compliance Management Solution, healthcare organizations can manage a gamut of compliance activities - defining the compliance environment, continually assessing controls and risks, validating compliance with regulations, resolving issues and monitoring compliance. The solution also supports a range of compliance related processes including policy documentation, change management, governance and training and awareness programs.

To reduce the occurrence of fraud especially through IT systems, MetricStream offers a comprehensive suite of IT-GRC solutions which streamline the documentation and analysis of IT risks, development of risk mitigation plans, definition of controls and on-going assessment of risks. Based on leading IT frameworks such as COBIT,ISO 27002, NIST and ITIL, the solution helps organizations align IT with corporate GRC and business strategy.

Both IT-GRC and Compliance Management Solutions come equipped with advanced functionalities such as embedded best practices, remediation based work-flows and a top-down risk based approach. Together, these functionalities help healthcare organizations gain the most out of their GRC programs while reducing costs.

Powerful executive dashboards with drill-down capabilities enhance visibility into compliance statuses, equipping managers and Boards with the required information for business decisions. A versatile Issue Management System tracks all compliance and IT related issues, triggering alerts for remediation action. In addition, a central repository of information provides quick and easy access to all compliance and IT related policies and documents.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, BP, Subway, Fairchild Semiconductor, Hitachi and TaylorMade-Adidas Golf in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Executives from Corporate Integrity and MetricStream will discuss the benefits of harmonizing GRC programs across the enterprise using a common reference framework

Palo Alto, CA -- (SBWIRE) -- 10/07/2010 -- MetricStream Inc., the market leader in Enterprise Governance, Risk and Compliance (GRC) solutions, announced today that Michael Rasmussen - Risk and Compliance Advisor, Corporate Integrity, will join Gaurav Kapoor - CFO and General Manager, MetricStream, for a webinar on the topic "Unlocking the Elusive Potential of a Unified GRC Program".

About the webinar
In the past, risk and compliance were managed in silos. But this approach no longer holds good in a globalized, interconnected and heavily regulated business environment. A risk and compliance program that is managed in silos only leads to redundancies, complexities and inefficiencies. Besides, it does not align effectively with overall business strategy.

Today, risk and compliance managers need to collaborate not only with each other but with heads of departments and business functions across processes and locations. Realizing this, many companies are opting for a collaborative framework that integrates GRC information and processes across the enterprise. Such a framework enables all policies, risks, controls, events, requirements and objectives to align and support each other as well as the broader business strategy. It also improves the agility, efficiency and effectiveness of risk and compliance programs.

This webinar will provide a high-level overview on:

* How a unified framework can provide an integrated view of GRC information and processes across the enterprise
* The benefits of a unified GRC program
* The specific roles of GRC applications
* Leveraging technology to establish an integrated GRC program
* MetricStream's market leading enterprise GRC platform that is currently being adopted by leading Fortune 500 organizations for managing GRC programs globally.

About the speakers
Michael Rasmussen - Risk and Compliance Advisor, Corporate Integrity
Michael Rasmussen is the authority in understanding Governance, Risk, and Compliance (GRC). He is a sought-after keynote speaker, author, and collaborator on GRC issues around the world and is noted for being the first analyst to define and model the GRC market for technology and professional services. With more than 15 years of experience, Michael's objective is to assist organizations in defining GRC processes that are sustainable, consistent, efficient, and transparent.

In June 2007, Treasury & Risk recognized Michael as one of the 100 most influential people in finance with specific accolades noting his work in "Governance and Compliance: Saving the Planet and the Corporation."

Gaurav Kapoor - CFO and General Manager, MetricStream
As the CFO and General Manager of MetricStream, Gaurav has worldwide responsibility for Finance, Marketing, Business Development and the ComplianceOnline.com business unit. During his tenure at MetricStream, Gaurav has been instrumental in shaping key strategic initiatives and driving overall financial performance of the company. Gaurav brings nearly a decade of marketing, finance and operating experience with Citigroup and has spent several years in executive operating roles with venture-backed enterprise software and internet companies.

Join the webinar
The webinar is scheduled to take place at 10 am pacific, August 03, 2010. To register for this event, please click here:
http://www.metricstream.com/webinars/unlocking_potential_unified_GRC_program_03aug10.html

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, BP, Subway, Fairchild Semiconductor, Hitachi and TaylorMade-Adidas Golf in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Executives from Corporate Integrity, Network Frontiers and MetricStream will discuss the importance of IT GRC program and best practices to implement it

Palo Alto, CA -- (SBWIRE) -- 10/07/2010 -- MetricStream Inc., the market leader in Enterprise Governance, Risk and Compliance (GRC) solutions announced today that Michael Rasmussen - Risk and Compliance Advisor, Corporate Integrity, and Dorian J. Cougias - Co-founder of Network Frontiers will join Prashanth Shetty, Vice President of GRC Solutions, MetricStream, in a complimentary webinar on "Meeting Corporate Objectives Through a Streamlined IT Governance Program".

About the webinar
Companies across industries depend heavily on Information Technology for a wide range of business operations. But with this growing dependence comes with a range of new risks such as hacking, cybercrime, malicious code, data theft and system IP violations. Organizations are under constant pressure to mitigate these risks by complying with IT regulations such as PCI, HIPAA and NERC.

Navigating this complex web of IT risks and regulations is extremely challenging. But many have learnt that the best way to achieve compliance, while maximizing performance is to streamline IT GRC and align popular IT frameworks such as COBIT, ITIL, NIST and ISO 27002 with corporate objectives.

The complimentary webinar, organized by MetricStream will provide insight into IT GRC, thus enabling IT executives to determine the best path for risk mitigation and compliance.

Attendees will learn about:

* The importance of IT GRC programs for corporate governance
* The role of COBIT and ISO 27002 for strategic alignment of IT Governance with corporate objectives
* Harmonizing the requirements of COBIT, ISO, PCI, NERC and HIPAA in IT GRC programs
* Ways to measure IT risk and compliance initiatives across the organization
* The successful Enforcement of IT GRC programs through IT Audits and IT Incident Management processes

About the speakers
Michael Rasmussen - Risk and Compliance Advisor, Corporate Integrity
Michael Rasmussen is the authority in understanding Governance, Risk, and Compliance (GRC). He is a sought-after keynote speaker, author, and collaborator on GRC issues around the world and is noted for being the first analyst to define and model the GRC market for technology and professional services. With more than 15 years of experience, Michael's objective is to assist organizations in defining GRC processes that are sustainable, consistent, efficient, and transparent.

In June 2007, Treasury & Risk recognized Michael as one of the 100 most influential people in finance with specific accolades noting his work in "Governance and Compliance: Saving the Planet and the Corporation."

Dorian J. Cougias - Co-founder of Network Frontiers
Dorian J. Cougias is the co-founder of Network Frontiers, the premier provider of compliance mapping. As the lead analyst and original architect of the Unified Compliance Framework, Cougias focused on mapping the commonalities across regulations, standards-based development and simplified architectures supporting a strategic approach to IT compliance that reduces cost, limits liability and leverages the value of compliance- related technologies and services across the enterprise. An authority on IT compliance and Information Technology in general, Cougias is a leading expert witness, and has won numerous writing and speaking awards.

Prashanth Shetty - Vice President of GRC Solutions, MetricStream
Prior to Joining MetricStream, Prashanth was a senior director of Solution Management at SAP GRC, where he held broad management responsibilities for key GRC product lines. He has been a speaker at leading international GRC conferences on various innovation topics. His contributions helped drive significant customer adoption and resulted in five-fold revenue growth. Prashanth started his career at Oracle, where he was one of the founding members of the Oracle Store™, the company's e- commerce first division, which grew from zero to $300 million in revenues under four years. Prashanth graduated with an MS from Stanford University and earned an MBA from the Wharton Business School at the University of Pennsylvania.

Join the webinar
The webinar is scheduled to take place at 10am Pacific on September 9, 2010. To register for this event, please click here:
http://www.metricstream.com/webinars/it_governance_program_09sep10.html

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, BP, Subway, Fairchild Semiconductor, Hitachi and TaylorMade-Adidas Golf in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the http://www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at http://www.metricstream.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm