Integrys Energy Group Selects MetricStream to Build Best-in-Class Compliance and Safety Management Programs
MetricStream will strengthen the firm's compliance efforts and simplify and streamline their overall safety management program
Jun 24, 2015, 08:00 ET
PALO ALTO, Calif., June 24, 2015 /PRNewswire/ -- Integrys Energy Group, a leading Midwest energy company in the United States, has chosen MetricStream to replace their current Compliance applications and incorporate an enterprise Safety application. Integrys strives for first-quartile, best-in-class performance in safety, and this goal requires a robust, integrated IT solution. Compliance and safety are in many cases interrelated, therefore an integrated solution that meets the business requirements of both compliance and safety was prudent.
Integrys Energy Group is a holding company with regulated and non-regulated energy delivery companies throughout the United States. Headquartered in Chicago, Illinois, the Integrys family of companies has approximately 5,000 employees and serves more than 2 million customers.
"In today's fast-paced, global, and highly competitive business landscape, more resources are being focused towards developing robust and integrated systems to keep pace with new risks and changing compliance requirements," said William Laakso, Vice President and Chief Human Resources Officer at Integrys Energy Group. "Leveraging MetricStream, we will be able to more efficiently and effectively manage compliance requirements, non-conformance, and corrective plans, which will enable us to build a best-in-class compliance and safety management program."
MetricStream will help Integrys Energy Group manage enterprise-wide compliance and safety activities, including monitoring to ensure internal policy and regulatory compliance requirements are met and tracking commitments, nonconformance and corrective actions. Equipped with powerful analytics and reporting capabilities, the software provides real-time visibility into the status of compliance, safety and remediation activities, including automated tools for notifications and approvals. "We are proud to have Integrys Energy Group as a MetricStream customer," said Gaurav Kapoor, Chief Operating Officer at MetricStream. "The Energy and Utility sector faces mounting pressure stemming from complex regulations, compliance mandates, cyber threats, and safety issues. Energy and Utility companies are leveraging MetricStream GRC Apps to tackle the complexities of their compliance obligations, mitigate IT threats, enhance safety management, and gain real-time insight into high-risk areas. Incorporating innovative technologies such as cloud, big data, and mobility, MetricStream Apps are designed to meet the evolving needs of each and every customer."
MetricStream is the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management Solutions. MetricStream solutions are used by leading global corporations in diverse industries such as Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing to manage their risk management programs, quality management processes, regulatory and industry-mandated compliance and other corporate governance initiatives. MetricStream's customers include UBS, Societe Generale, Pﬁzer, Philips, Cummins, Kellogg's, Mondelez International, SanDisk, and NetApp. MetricStream also owns and operates the www.ComplianceOnline.com portal - the largest GRC advisory network and one of the largest GRC communities. MetricStream is headquartered in Palo Alto, California, USA (www.metricstream.com).
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