MetricStream to invest Rs 150cr in Bangalore

 MetricStream, the governance, risk, and compliance (GRC) solutions company, will invest $25 million (Rs 150 crore) in its Bangalore operations over the next 2-3 years, CEO Shellye Archambeau said on Thursday. The California-based company, which does all of its R&D and innovation out of its Bangalore centre, announced last month that it had raised $60 million in a growth-funding round led by investment firm Sageview Capital. Existing investors Goldman Sachs…

Sageview Capital Leads Strategic Financing Round for MetricStream

MetricStream, a market leader in Governance, Risk, and Compliance (GRC) solutions, announced that it has raised $60 million in a strategic financing round led by top investment firm Sageview Capital. Existing investors Goldman Sachs and Kaiser Permanente Ventures also contributed to the financing round. With the new investment, Ned Gilhuly, Co-Founder & Managing Partner of Sageview Capital, will join MetricStream’s Board of Directors. MetricStream is a leading provider of enterprise…

Thomson Reuters Receives ‘Technology Development of the Year’ Accolade at Asia Risk Awards 2014

Thomson Reuters innovative one-stop solution for risk management recognized. Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that Accelus World-Check One has won the ‘Technology Development of the Year’ accolade at the 15th Annual Asia Risk Awards. The awards recognize companies for their best practice in risk management and derivatives in the region. Launched in March 2014, Accelus World-Check One is an innovative…

Agiliance Reports Best Ever Q3 Growth Rate Driven by Demand for Big Data Solutions for Security Risk Intelligence

51 Percent Growth in Q3 2014 Over H1 2014 is Sparked by Customers Selecting RiskVision Based on its Proven Flexibility, Scalability, and Time-to-Value Agiliance®, Inc., the Big Data Risk Company™ and leading independent provider of integrated solutions for Operational and Security Risk Intelligence, today announced that Agiliance had 251 percent total license growth in Q3 2014 versus first and second quarter combined, making it the company’s best ever Q3 growth…

Global Governance, Risk, and Compliance (GRC) Platform Market 2014-2018

Governance, risk, and compliance (GRC) is an umbrella term used to cover the approach of an organization toward these three areas. Governance can be defined as the boundaries within which the business should operate. It focuses on providing definitions for the organization’s code of conduct to ensure compliance. Risk management consists of developing strategies for tackling the risks to which organizations are exposed. Its framework involves identification, assessment, evaluation, and…