MetricStream solution to streamline and standardize the firm’s enterprise risk management processes, while providing real-time risk intelligence
January 07, 2014 Palo Alto, California: Private investment company, Capital Guidance, has selected MetricStream for an integrated Enterprise Risk Management (ERM) solution. The MetricStream solution will enable systematic and consistent ERM processes across the company’s portfolio of businesses which spans multiple industries and countries. The solution will also roll up enterprise risk intelligence in real time to enable and support executive and board level reporting.
Headquartered in Geneva, Switzerland, Capital Guidance manages long-term investments in select businesses, and has an extensive portfolio of financial investments. The company’s business activities extend into North America, Europe, Middle East, Asia, and Africa. Its core businesses include real estate, mortgage, manufacturing, with investments of over $2 billion, commercial distribution with annual sales exceeding $500 million, and financial investments.
“At Capital Guidance, we have a long-term view and approach to our investments, with the ultimate goal of creating and providing value,” said Mohammed A. Shihadeh, Chief Audit Executive at Capital Guidance. “With this approach in mind, we began our search for a market-leading ERM solution that would deliver sustainable value, and support us as we continue to grow and face new challenges and opportunities. MetricStream stood apart both in terms of the robust business functionality of their solution, as well as their ability to facilitate consistency across our global risk management processes.”
The MetricStream solution will provide a single framework to manage end-to-end ERM processes, including risk identification, risk assessments, risk ranking, and risk monitoring. All ERM risks, controls, assessments, and other data will be consolidated into a common system to support complete risk transparency and accountability, as well as increased enterprise-wide collaboration.
The solution will also enable a streamlined and closed-loop approach to risk assessments and risk management at the process level. Simultaneously, powerful tools such as risk heat maps, a reusable risk-control library, risk scorecards, graphical dashboards, and reports will provide real-time visibility into risks at the enterprise level, enabling managers to make quick and informed risk-based decisions. Also, any issues, incidents, or losses can be automatically routed through a systematic process of investigation and remediation.
Capital Guidance will accelerate and simplify their ERM solution deployment with the help of MetricStream’s cloud offering which is recognized for its reliability, security, and flexibility.
“We are delighted to collaborate with Capital Guidance in their efforts to strengthen the entirety of their ERM processes,” said Gaurav Kapoor, Chief Operating Officer at MetricStream. “Today, our solutions power the GRC programs for many leading investment firms. Through a blend of content, technology, and domain expertise, we partner with firms around the world to drive proactive risk management, to lower compliance costs, and deliver real-time risk intelligence - all of which combined can help Capital Guidance successfully navigate their risks and pursue their opportunities.”
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, Barclaycard US, P&G, Constellation Energy, Pfizer, Philips, United Technologies Corporation, SanDisk, Cummins, and Autogrill 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 www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at www.metricstream.com.