News: MetricStream to Host Annual Meeting of OCEG Technology Council

Phoenix, AZ and Redwood Shores, CA - June 10, 2008 – Leading Technology solution providers will join together in a meeting hosted by OCEG Charter Member MetricStream, Inc., on July 10 and 11 to focus on the hottest issues in Governance, Risk and Compliance (GRC) technology - and to advance the tools and processes that implement GRC management. At this annual gathering of OCEG’s Technology Council, representatives from organizations including MetricStream, Microsoft, Computer Associates, EthicsPoint and Deloitte Consulting will work to accelerate the development of an integrated GRC Blueprint™ and GRC Roadmap™ that will map the technologies and implementation pathways that sustain GRC effectiveness in any organization.
“MetricStream is delighted to host this annual gathering of the OCEG Technology Council” said Gaurav Kapoor, CFO and General Manager of MetricStream. “As a leader in enterprise-wide GRC and Quality Management solutions, we are keen to support the further development of technology standards and processes that will help enterprises seamlessly implement GRC solutions.”
“This exceptional meeting of the OCEG Technology Council provides a perfect opportunity to share new ideas and best practices to further the adoption of GRC technology in the marketplace” said David Childers, President and CEO of EthicsPoint. “We look forward to working closely with all members of the OCEG Technology Council to advance this critical work.”

The GRC Blueprint™ is a comprehensive enterprise software information and services architecture development program of the OCEG Technology Council. The Blueprint helps GRC executives and managers understand the core functionality and applications that comprise a GRC technology backbone. OCEG's GRC Roadmap™ technology implementation maturity model helps practitioners understand how to embed GRC criteria in technology planning, budgeting, product selection, infrastructure, support and service delivery. Both programs assist solution providers by improving their GRC product descriptions and designs for the market. The OCEG Technology Council is also defining the GRC-XML™ specifications which will allow GRC technology components to exchange information and integrate with existing business applications.
“OCEG is delighted with the overwhelming member support for our annual Technology Council meeting," said Scott Mitchell, CEO and Chairman of OCEG. “We look forward to the live interaction among these GRC leaders as OCEG maps the GRC Technology realm and creates new implementation tools for the global user community. We welcome all interested representatives from software, services, and information content providers as well as end-user organizations to participate in our Technology Council and join us as we expand the market's understanding of the critical role of technology in GRC processes."