MetricStream, Inc. - MetricStream Positioned in the Leaders Quadrant in Enterprise Governance, Risk and Compliance Platforms Magic Quadrant

MetricStream, Inc. today appear that it has been positioned in the Leaders Quadrant of Gartner's afresh appear "Magic Quadrant for Enterprise Governance, Risk and Compliance (GRC) Platforms"1 analysis report.

"We accede our accession in the "Leaders" division by Gartner as validation of our charge and adeptness to accredit barter to accept an integrated, enterprise-wide access to GRC. Consolidating programs for Internal Audit, Risk Management, Regulatory Compliance, Policy & Ethics, Financial Controls and IT Governance is analytical for ample corporations as it unlocks the ability of accord and advice administration consistent in cogent advance in business performance," said Shellye Archambeau, CEO of MetricStream. "MetricStream continues to innovate and bear a belvedere that is awful configurable to acclamation specific chump needs."

Most industries face GRC challenges that are different to their business operations. Whether it is Risk Management, Audits, Compliance, Policy Management or Quality Management - altered industries accept assertive accepted requirements and some requirements that are specific to the sector. For example, activity & account companies accept to administer federal and accompaniment requirements including FERC & NERC compliance; all-around banks & banking account providers accept specific requirements about operational risk, Basel II, accident management, RCSA & KRIs; allowance companies face Solvency, HIPAA acquiescence and added federal & accompaniment regulations; activity sciences & healthcare companies accept mandates such as FDA compliance, accommodating assurance laws; retail, aliment & acknowledgment companies accept to accede with aliment assurance and HACCP acquiescence requirements. All these are in accession to centralized business processes about risk, centralized audit, IT, accumulated policies, belief and above management. Bringing these elements of GRC calm and amalgam them with achievement administration is analytical and yet arduous for enterprises.

"We accept complete a able acceptability for alive with all-around corporations and carrying GRC solutions with collaboration, workflows and advertisement tailored to their environments," says Gaurav Kapoor, CFO and General Manager at MetricStream. "MetricStream understands absolutely how to abode these capricious needs by accouterment awful packaged solutions yet adapting to specific industry requirements with the appropriate software functionality as able-bodied as association and agreeable from its ComplianceOnline.com portal. That continues to be our key differentiator and is well-aligned with the bazaar demand."

Having abysmal acquaintance in above administration solutions (QMS) with a amount of acknowledged implementations for antidotal actions, supplier quality, birthmark tracking and abortion analysis MetricStream abnormally understands the GRC ambiance and requirements of companies with multi-site accomplishment operations. Managing areas such as accumulation alternation risks, Environment, Health & Safety (EHS), operational acquiescence and above & assurance audits crave a able action orientation, area ability and a scalable software belvedere that MetricStream provides.

1. Gartner, Inc. "Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms" by French Caldwell, Tom Eid and Carsten Casper, August 12, 2009

About the Magic Quadrant
The Magic Quadrant is copyrighted 2009 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a exchange at and for a specific time period. It depicts Gartner's appraisal of how assertive vendors admeasurement adjoin belief for that marketplace, as authentic by Gartner. Gartner does not endorse any vendor, artefact or account depicted in the Magic Quadrant, and does not admonish technology users to baddest alone those vendors placed in the "Leaders" quadrant. The Magic Quadrant is advised alone as a analysis tool, and is not meant to be a specific adviser to action. Gartner disclaims all warranties, accurate or implied, with account to this research, including any warranties of merchantability or exercise for a accurate purpose.

About MetricStream
MetricStream is a bazaar baton in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for all-around corporations. MetricStream solutions are acclimated by arch corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, BP, Subway, Fairchild Semiconductor, Hitachi and TaylorMade-Adidas Golf in assorted industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to administer their above processes, authoritative and industry-mandated acquiescence and accumulated babyminding initiatives, as able-bodied as by over a actor acquiescence professionals common via the www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be accomplished at www.metricstream.com.

MetricStream, Inc.
2600 E. Bayshore Road
Palo Alto, California 94303
United States
phone: 650-620-2900
www.metricstream.com
pr@metricstream.com