Yo Delmar, Vice President of GRC Solutions at MetricStream will share her insights on the rising cost of IT risk and compliance
January 14, 2014 Palo Alto: MetricStream Inc., a market leader in Enterprise Governance, Risk, and Compliance (GRC) solutions will participate on a panel discussion on ‘The Cost of Compliance and IT Risks’ at the Wall Street Technology Association (WSTA) event on January 14, 2014 in New York City. Experts from the compliance industry will convene at the event to discuss the various challenges and rising costs associated with increasing compliance and IT risk. Throughout the event, MetricStream will share best practices, and showcase its industry-leading solutions for IT GRC and Compliance.
Organizations face increased scrutiny from the regulators, who have greater oversight over the organization and its activities, as well as more stringent rules and requirements than ever before. Creating a pervasive culture of compliance and controls is critical to reducing the likelihood of non-compliance violations. Limited resources and constrained budgets require that organizations better understand and manage the rising cost of compliance, which extends beyond just adherence to regulations, and includes protecting the organization from IT, business, regulatory, and reputational risks.
Yo Delmar, Vice President of GRC Solutions at MetricStream will shed light on the correlation between various risks and the rising cost of compliance in highly-regulated industries. Compliance officers at organizations around the world are moving towards a data and metrics-based approach that is aligned with their organization’s objectives. The event discussion will provide attendees with a deeper understanding of the various costs associated with risk and compliance, and strategies to manage those costs. The discussion will also include best practices around integrating compliance across every function and every facet of the organization, which can be supported by agile and highly extensible GRC technology solutions.
MetricStream’s integrated IT GRC and compliance solutions help enable organizations establish a systematic and streamlined approach that reduces business, operational and investment risks. The solution also supports automated workflows, data integrity, and consolidated reporting, as well as offers the flexibility and scalability to facilitate other business activities such as portfolio management and client relationship management.
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 has European offices in London, Paris, Basel, and Milan and can be reached at www.metricstream.com.