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MetricStream

ANALYST RECOGNITION
Press Release

METRICSTREAM POSITIONED IN THE LEADERS QUADRANT IN


EGRC PLATFORMS MAGIC QUADRANT
October 18, 2010 | Palo Alto, California - MetricStream, the
leading provider of Governance, Risk and Compliance (GRC)
solutions, today announced it has been positioned by Gartner, Inc.
in the "Leaders" quadrant of the 2010 Magic Quadrant for Enter-
prise Governance, Risk and Compliance Platforms".

"We believe MetricStream's position in the Leaders quadrant by


Gartner accurately reflects our ability to deliver unmatched GRC
platform capabilities to address a vast array of business risks and
compliance requirements in an integrated manner as organizations
worldwide seek to build a robust governance architecture for
sustainable business performance," said Shellye Archambeau,
CEO at MetricStream.

The demand for MetricStream GRC solutions continues to grow


- Source: OCEG
with some of the world's largest corporations using MetricStream
to automate, simplify, integrate and increase the efficiency of leverage regulatory content and intelligence, deliver advanced
audit, risk and compliance programs. MetricStream is also analytics and visualization and accelerate application development
leveraging content-driven intelligence and collaboration for and configuration.
enterprise-wide GRC, linking users across the extended corpora-
tion to maximize business performance and get the most value out "By delivering industry-specific solutions, content and functionality
of GRC programs. for some of the largest global corporations in sectors like banking
& financial services, energy & utilities, insurance, healthcare, life
As per the report, "The primary purpose of the EGRC platform is to sciences, food & beverage and manufacturing, MetricStream has
automate much of the work associated with the documentation built a solid track record and a reputation for responsiveness to
and reporting of the risk management and compliance activities customer needs and market demands," says Gaurav Kapoor, CFO
that are most closely associated with corporate governance and and General Manager at MetricStream.
business objectives. The primary end users include internal
auditors and the audit committee, risk and compliance managers, This Gartner Magic Quadrant for EGRC platforms presents a global
and accountable executives. The key functions of importance to view of Gartner's assessment of the main software vendors that
these groups are: audit management, compliance management, should be considered by organizations seeking a technology
policy management and risk management." solution to support the oversight and operation of enterprise-wide
risk management and compliance programs, with the overall
MetricStream continues to enrich its core GRC platform and objective being improvements in corporate governance and the
products for Audit Management, Risk Management, Regulatory ability to achieve business objectives. MetricStream was one of
Compliance, Policy Management, Financial Controls, IT-GRC, 18 companies that were analyzed in the report which evaluated
Quality Management and Supplier Governance for enabling an governance, risk and compliance (GRC) platform providers on their
integrated GRC strategy. With release of MetricStream GRC ability and success in making their vision a market reality.
Platform 6, MetricStream has delivered significant innovations to
enable performance management, improve usability and naviga- 1. Gartner, Inc. "Magic Quadrant for Enterprise Governance, Risk
tion, enhance scalability and reliability, simplify integration with and Compliance Platforms" by French Caldwell, October 13, 2010
external system, implement CCM and automated controls,

MetricStream Positioned in the Leaders Quadrant in Enterprise Governance,


Risk and Compliance Platforms Magic Quadrant
Evaluation Based on Completeness of Vision and Ability to Execute
Press Release

ABOUT METRICSTREAM ABOUT THE MAGIC QUADRANT


MetricStream is a market leader in Enterprise-wide Governance, The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is
Risk, Compliance (GRC) and Quality Solutions for global corpora- reused with permission. The Magic Quadrant is a graphical
tions. MetricStream solutions are used by leading corporations representation of a marketplace at and for a specific time period.
such as Pfizer, Philips, NASDAQ, UBS, SanDisk, BP, Subway, It depicts Gartner's analysis of how certain vendors measure
Fairchild Semiconductor, Hitachi and TaylorMade-Adidas Golf in against criteria for that marketplace, as defined by Gartner.
diverse industries such as Pharmaceuticals, Medical Devices, Gartner does not endorse any vendor, product or service
Automotive, Food, High Tech Manufacturing, Energy and Financial depicted in the Magic Quadrant, and does not advise technology
Services to manage their quality processes, regulatory and users to select only those vendors placed in the "Leaders"
industry-mandated compliance and corporate governance initia- quadrant. The Magic Quadrant is intended solely as a research
tives, as well as by over a million compliance professionals tool, and is not meant to be a specific guide to action. Gartner
worldwide via the www.ComplianceOnline.com portal. disclaims all warranties, express or implied, with respect to this
MetricStream is headquartered in Palo Alto, California and can be research, including any warranties of merchantability or fitness
reached at www.metricstream.com. for a particular purpose.

OTHER ANALYST REPORTS


Gartner Cool Vendor Forrester Wave

MetricStream was named a “Cool Vendor” in the Gartner report MetricStream has been cited as a 'Leader' in the recent published
titled “Cool Vendors in Compliance and Risk Management, 2008”. report Forrester Wave: Enterprise Governance, Risk and Compli-
The research report seeks to identify “products that offer real ance Platforms, Q3 2009. Forrester provided the following
business benefits in performance, information quality and continu- specific comments regarding MetricStream:
ity of service”.
“MetricStream targets a wide range of GRC professionals, recently
The report notes that “MetricStream's user interface and workflow winning deals on the strength of its new audit management
are superior to most of its competitors.” capabilities.”

GRC Landscape Aberdeen Group

MetricStream was ranked in the "sweet spot" category assigned A recent Aberdeen report measures benefits of improving opera-
to vendors that "Demonstrated high expertise through customer tional performance and recognized a MetricStream customer for
deployment, reference quality, and heritage" in its recent report implementing best practices to achieve Best-in-Class perfor-
"The Governance, Risk Management, and Compliance (GRC) mance.
Landscape, Part 2: Software’s Integral Role in GRC Automation"
written by John Hagerty, Koppel Verma and Dennis Gaughan. An Analyst Insight titled “Visibility and Value: The Evolution of
Operational Compliance and Quality into Enterprise Risk Manage-
“As companies’ GRC approaches mature, software plays an
ment” recognized the MetricStream solution as a leading frame-
essential role in managing-not just reacting to-risk and compliance
work for meeting regulatory requirements, incorporating internal
concerns in all corners of the enterprise. While many buyers still
policies and quality controls to provide a cleaner picture of an
evaluate GRC software tactically (and there may be solid reason to
organizations overall risk level.
do so), there is ample evidence the elusive GRC platform approach
is starting to take hold with forward-looking businesses in many
industries.”
Press Release

OTHER RECOGNITIONS

Industry Leader 2009 Supply & Demand Chain Executive 100

MetricStream has entered into a strategic partnership with The MetricStream was named to the 2009 Supply & Demand Chain
Institute of Internal Auditors (IIA) as a part of the 2009 Industry Executive 100 in recognition of its innovative solution for Supply
Leader program. Through this partnership, MetricStream looks to Chain Governance. The 2009 Supply & Demand Chain Executive
collaborate with internal auditors around the world and actively 100 recognizes supply chain solution and service providers that
support the internal audit profession. are helping customers and clients both respond to the downturn
and, more importantly, position themselves for growth ahead.
Silicon Valley Leadership Group
Deloitte's Technology Fast 50 Program for Silicon Valley

MetricStream has been named to Deloitte's Technology Fast 50


MetricStream CEO, Shellye Archambeau, serves on the Board of Program for Silicon Valley Software and Information Technology
Directors of the Silicon Valley Leadership Group (SVLG) as the (IT) companies. Silicon Valley Technology Fast 50 program is co-
champion of public policy issues related to the Sarbanes-Oxley presented by Deloitte, Silicon Valley Bank, Korn/Ferry Interna-
Act. SVLG, which comprises 235 Silicon Valley employers tional, Cooley Godward Kronish LLP, Cornish & Carey Client
representing 1 out of every 4 employees in Silicon Valley, is Solutions, and ABD Insurance and Financial Services - A Wells
organized to involve principal officers and senior managers of Fargo Company. Rankings are based on the percentage revenue
member companies in a cooperative effort with local, regional, growth over five years.
state and federal government officials to address major public
policy issues affecting the economic health and quality of life in
Silicon Valley.

OCEG

MetricStream is an active member of industry associations such


as IIA & PRMIA, and is frequently invited to speak at industry
The Open Compliance and Ethics Group (OCEG.org) named conference and seminars as well as to publish articles and papers
MetricStream as a Charter Member to its Technology Council in industry media and journals.
which was formed to address the strategic, operational and
technical issues that professionals face when applying information
technology (IT) to governance, risk, compliance (GRC) and ethics
management.

MetricStream
www.metricstream.com info@metricstream.com
© Copyright 2010 MetricStream, Inc. All rights reserved.

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