RiskTech100® 2015 - MetricStream Highlights

<p>MetricStream is a developer of enterprise-wide GRC and operational risk management solutions&nbsp;for global corporations in financial services and other industry sectors. Headquartered in Palo Alto,&nbsp;California and founded in 1999, MetricStream has 12 offices and over 1500 employees spread across&nbsp;four continents. MetricStream was a Category Leader for the Chartis Operational Risk Management&nbsp;Systems for Financial Services and Enterprise GRC Solutions reports. Category leaders are considered&nbsp;to be risk technology vendors that have the necessary depth and breadth of functionality, technology,&nbsp;and content, combined with the organizational characteristics to capture significant market share by&nbsp;volume and value.</p>

<p>The MetricStream risk management solution gathers data and processes information into a reusable&nbsp;library of risks and their corresponding controls and assessments, including KRIs, loss events and&nbsp;near-misses, and issues and remediation plans. The solution provides the users the capability to define&nbsp;advanced operational risk models using statistical functions and analytics, enabling the access of&nbsp;strategic objectives and performance metrics using risk intelligence. These solutions leverage the&nbsp;MetricStream enterprise GRC platform which provides integration with audit, compliance, vendor&nbsp;governance, IT GRC, among others. The solution also integrates with multiple systems within the IT&nbsp;infrastructure in financial institutions such as G/L, CRM, Core Banking, ERM, HRMS etc.</p>

<p>MetricStream has established GRC Communities, including Special Interest Groups, Customer&nbsp;Roundtables, and GRC Summits. This includes the Zaplet ecosystem of partners creating thirdparty&nbsp;GRC applications and digitally distributing them to customers. MetricStream has created&nbsp;GRCIntelligence.com, which provides curated information to subscribers on topics including&nbsp;regulatory compliance, vendor due diligence, IT GRC, social GRC, and audit and risk management&nbsp;frameworks, for industries such as financial services, CPG, hi-tech, manufacturing and healthcare.</p>

<p>“Recently MetricStream has focused on differentiators in the Cloud, Mobile and Platform-asa-&nbsp;Service areas: a majority of MetricStream’s new customer base are leveraging cloud based&nbsp;deployments for faster time-to-value at lower total cost of ownership. MetricStream’s mobility&nbsp;solutions are providing users with a pervasive GRC experience with multiple modes of access from&nbsp;mobiles and tablets, including an Offline Briefcase to access information in the absence of network&nbsp;connectivity. MetricStream’s cloud based Platform-as-a-service solution Zaplet is being leveraged by&nbsp;a number of partners and customers to develop, deploy and manage their own content-rich apps which&nbsp;can help satisfy any niche or industry specific requirement.”</p>

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