Palo Alto 3/21/2013 6:05:00 PM
News / Financial Services

A Global Investment and Asset Management Firm Chooses MetricStream for Internal Audit and Risk Management

Palo Alto, California: A leading global investment and asset management firm has chosen MetricStream to build efficiencies in their audit and risk management processes. The MetricStream solution will help the company implement a streamlined and collaborative approach to internal audit processes, risk and control assessments, and issue and corrective action management. The solution will also help expedite Audit Committee reporting while ensuring greater efficiencies in managing global internal audits and related audit resources. Through advanced risk intelligence and analytics, the MetricStream solution will enhance visibility into risk and control effectiveness, enable data-driven audit analysis, and facilitate issue resolution monitoring.

The MetricStream Audit Management solution will help strengthen the internal audit function by enabling greater collaboration, efficiency, and visibility across the entire audit process. The solution will also help optimize the time spent on audits, and increase the focus on identifying, communicating, and prioritizing risks through the solution's capabilities around internal audit resource management and integrated Audit Committee reporting.

The MetricStream Risk Management solution provides a centralized risk framework to manage all of the risks faced by the organization, with robust capabilities to assess, analyze, and monitor these risks. With the MetricStream solution, the company will achieve superior risk management and greater control which is critical given the firm's vast customer base, geographic reach, and capital strength. The solution will also provide the company with intuitive capabilities to perform detailed risk self-assessments, issue tracking and remediation, control testing, and risk reporting.

MetricStream is the preferred partner for a wide range of financial services organizations - from large global asset management and investment firms, to smaller brokers, dealers, asset management firms, and banks - who all face unprecedented regulations and increased scrutiny from the regulators. Using an integrated approach, leveraging a single, highly configurable platform, and delivering near real-time actionable risk intelligence, MetricStream solutions enable companies of all sizes to manage the full spectrum of their GRC processes, including operational and enterprise risk management, regulatory compliance management, internal audits, loss and incident management, and vendor governance.

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management Solutions for global corporations. MetricStream solutions are used by leading corporations such as UBS, P&G, Constellation Energy, Pfizer, Philips, BAE Systems, Twitter, SanDisk, Cummins and Sonic Automotive in diverse industries such as Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-tech and Manufacturing to manage their risk management programs, quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as several million compliance professionals worldwide via the portal. MetricStream is headquartered in Palo Alto, California and can be reached at