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Companies Pursuing GRC for Business Performance, Going Beyond Mandatory Compliance Requirements New Aberdeen Report Measures Business Benefits of a Holistic Approach Towards Governance, Risk and

SOURCE:

MetricStream, Inc.

2008-04-02 06:30:00

Companies Pursuing GRC for Business Performance, Going Beyond Mandatory Compliance Requirements

New Aberdeen Report Measures Business Benefits of a Holistic Approach Towards Governance, Risk and

REDWOOD SHORES, CA–( EMWNews – April 2, 2008) – MetricStream, Inc., the market leader in

enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management

solutions, today announced availability of a new benchmark report “GRC

Strategic Agenda: The Value Proposition of Governance, Risk, and

Compliance” from the Aberdeen Group, a Harte-Hanks Company (NYSE: HHS).

Among other findings, the report highlights that internal policies and

practices are emerging as the most important drivers for investment in GRC

initiatives, indicating a shift from focus on mandatory regulations such as

SOX, to value-driven GRC programs that deliver better business performance.

The report focuses on three of the most important aspects of GRC for an

organization’s bottom-line-success: compliance regulations, data security

and risk management. It provides guidance to identify and evaluate

resources and proactively prepare for mitigation of business risks.

Further, the assessment provides some compelling facts derived from its

research which will help companies make informed decisions.

“Our study establishes that implementing a holistic and efficient GRC

solution can directly address critical business issues and deliver a 16%

yearly increase in optimizing existing business processes,” explains

Stephen Walker Esq., Senior Associate in the Technology Markets Group of

Aberdeen. “The study provides substantial data and analysis on how

implementing GRC solutions make a positive impact on business.”

“Our success with GRC and Quality Management solution implementations in a

variety of industries has demonstrated that an integrated approach to GRC

delivers a rich set of benefits and improves business performance across

the organization,” said Gaurav Kapoor, CFO and General Manager of

MetricStream. “Effective use of a common framework and a well-architected

solution can be a source of significant competitive leverage and business

benefits. These include sound decision making that balances risk management

with pursuing growth opportunities and federated approach to managing

compliance with government regulations, internal policies and Quality

standards.”

The report has been underwritten in part by MetricStream and can be

accessed from MetricStream’s website at www.metricstream.com.

About MetricStream

MetricStream is a market leader in Enterprise-wide Governance, Risk,

Compliance (GRC) and Quality Solutions for global corporations.

MetricStream solutions are used by leading corporations such as Pfizer,

Philips, American Airlines, NASDAQ, SanDisk, BP, Entergy, Subway, Fairchild

Semiconductor, Hitachi and TaylorMade-Adidas Golf in diverse industries

such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech

Manufacturing, Energy and Financial Services to manage their quality

processes, regulatory and industry-mandated compliance and corporate

governance initiatives, as well as by over a million compliance

professionals worldwide via the ComplianceOnline.com portal. MetricStream

is headquartered in Redwood Shores, California and can be reached at

http://www.metricstream.com/

About Aberdeen Group, a Harte-Hanks Company

Aberdeen is a leading provider of fact-based research and market

intelligence that delivers demonstrable results. Having benchmarked more

than 30,000 companies in the past two years, Aberdeen is uniquely

positioned to educate users to action: driving market awareness, creating

demand, enabling sales, and delivering meaningful return-on-investment

analysis. As the trusted advisor to the global technology markets,

corporations turn to Aberdeen for insights that drive decisions. For

additional information, visit Aberdeen http://www.aberdeen.com or call

(617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748 or

go to http://www.harte-hanks.com.

Media contact:
MetricStream, Inc.
[email protected]

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