MetricStream Inc.

16 April 2012:

 

April 16, 2012 | Palo Alto, California: MetricStream, the market leader in enterprise-wide Governance, Risk and Compliance (GRC) solutions announced that they will be speaking at the Annual Regional Gulf Audit Conference titled ‘Riding the Crisis Wave, Challenges and Opportunities’. The conference will be held on April 16-17, 2012 in Dubai. During the two day conference distinguished speakers and experts in Internal Auditing, risk management and corporate governance will provide insights for audit professionals and key decision makers of leading organizations.

With fresh revelations of financial frauds and corruption within organizations, and regulatory bodies implementing stricter governance and compliance mandates, the need for a robust internal audit system has become crucial. Internal auditors find their scope of responsibilities increasing. While keeping a tab on the changing norms they also need to identify and proactively communicate audit gaps to protect their companies from hefty penalties. MetricStream will provide valuable insights on how internal auditors can align governance, risk and compliance amidst the stringent risk and governance environment and enhance organizational value.

With its growing customer base in the Middle East, MetricStream’s Internal Audit Management Solution has enabled some of the established organizations across Saudi Arabia, Bahrain, Oman and UAE manage their audit systems effectively. The solution combines both technical and practical content, built-in with the best practices, standards and guidelines. It provides advanced features and functions like workflow automation, flexible reporting, email-based notifications and alerts and offline auditing which enable audit managers to identify control gaps, trends and opportunities for improvement, and communicate them to the management. This, combined with the integrated approach to map all risks to organizational goals, policies, auditable entities, controls, assessments and action plans helps auditors identify and monitor the most critical controls and risks, providing valuable risk-based advice to the Board on the status of compliance.

 

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 NASDAQ OMX, UBS, Constellation Energy, Pfizer, Philips, BAE Systems, SanDisk, Cummins and Sonic Automotive in diverse industries such as Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, Government and Manufacturing to manage their risk management, quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as several million compliance professionals worldwide via the www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at www.metricstream.com.

 

Media contact:

pr@metricstream.com

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