MetricStream: Making GRC Simple & Pervasive for Organizations Worldwide

Susila Govindaraj
Thursday, December 29, 2016
Susila Govindaraj
If the year 2016 has taught us anything, it's that the world is becoming more and more unpredictable. Furthermore, with the advent of novel technologies like mobile banking and the cloud - which have opened up more potential routes for cyber criminals to breach an institution's cyber defenses - threat detection & risk management mechanisms are at the top of mind of senior executives worldwide. But risk and opportunity being the two sides of the same coin, organizations need to be able to mitigate risks while exploiting opportunities to drive superior business performance.
On the other hand, every organization has to manage a multitude of compliance issues and requirements based on their industry and geography. Failing to do so effectively will affect their overall reputation and ultimately the bottom line performance. MetricStream - a pioneer and market leader in Governance, Risk and Compliance (GRC) and Quality Management Solutions, enables clients to manage their risk and compliance effectively on a global scale through software, services and content. The company provides apps and solutions to help organizations in a variety of industries to manage their risks (enterprise, financial, operational or supplier risks), overall policies, compliance, audits, and more.
MetricStream's mission is to enable organizations to preserve their corporate integrity, protect their brands and reputations, and drive superior business performance through GRC that is simple, pervasive, and delivered in the cloud or on-premise.

The One and Only Complete Solution

In the process of simplifying GRC, MetricStream enables GRC to become more pervasive. "Take a 100,000 employee strong company that leverages our app for policy management. It will be helpful for them if it's available on employees' mobiles as well. So, we're innovating on the overall UI to bring access to our apps, so that people can use them whenever and wherever they wish to; thereby making GRC simple as well as pervasive," explains Shellye Archambeau, CEO, MetricStream. Unlike its competitors who have very specific areas of focus, MetricStream provides the broadest set of apps available in the marketplace which are automatically integrated into its GRC platform.

This software platform approach allows its clients to solve multiple issues around GRC across the enterprise, since these apps have the same architecture, data model and user interface. The company has partnered with quite a few top-notch organizations across the globe to integrate data (GRC intelligence) into these apps to make them a complete solution, besides taking MetricStream's products to the market. What makes this all even better is the 'Never say Die' attitude of MetricStream employees, who are completely focused on the client's overall success by not just innovating on products, but on business practices as well.

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