PwC and MetricStream form Joint Business Relationship to Integrate GRC Solutions

PwC US has announced the launch of a joint business relationship with MetricStream, a market leader in enterprise-wide governance, risk and compliance (GRC) solutions. The relationship with MetricStream enhances PwC's risk assurance capabilities in providing integrated solutions to improve companies' collective Enterprise and IT risk management and risk-based decisions.

PwC's Risk Assurance Services practice numbers more than 2,100 professionals who provide companies with significant technical expertise, as well as deep industry knowledge across all industries. Skilled team members assist companies in developing risk and compliance programs, performing audits and creating internal controls processes around business performance issues, IT systems as well as strategy and contingency planning.

"With growing demand for greater transparency and efficiency, it is critical for companies to employ integrated GRC initiatives to ensure productivity and alignment with overall business processes," said Joe DeVita partner with PwC's Risk Assurance Services practice. "By teaming with MetricStream, a company that is highly-regarded by analysts and customers, we are adding the capabilities of a best-in-breed, off-the-shelf GRC solution provider with robust functionality to complement our risk assurance capabilities, providing added value for clients."

With its enterprise scalability and ability to support complex, global organizations, MetricStream's highly-configurable, platform-based GRC solutions help provide Risk Intelligence by integrating Internal Audit, Sarbanes-Oxley, Regulatory Compliance, Quality Management, Security, IT GRC initiatives all the way through Operational and Enterprise Risk Management. As part of this process, the system also aggregates risk and compliance information across the enterprise, spanning business processes, IT applications and security infrastructure, providing top-down visibility and insights to drive business decisions. The integrated system for GRC will also deliver appropriate content such as risks, controls, regulations, standards and policies, among many other libraries. Several global customers have large scale enterprise-wide deployments of MetricStream GRC solutions with tens of thousands of users.

"PwC delivers world class services to clients in streamlining operational processes and management reporting of risk to help companies improve business performance, and MetricStream provides the technology platform to ensure end-to-end, adaptable, and sustainable GRC solutions," said Keri Dawson, Vice President of Compliance Online Advisory Services at MetricStream. "This joint business relationship creates compelling value for clients by combining the industry knowledge and leading practices of PwC with MetricStream's market-leading GRC software solutions."

Source : Equity Bulls

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