MetricStream Announces Syncora Guarantee Services Inc. as New Client

PALO ALTO, Calif., March 13, 2013 /PRNewswire/ -- MetricStream, the market leader in Governance, Risk, and Compliance (GRC) management solutions today announced that Syncora Guarantee Services Inc., a subsidiary of Syncora Holdings Ltd. (Syncora), has chosen MetricStream to provide an Enterprise Risk Management (ERM) solution to enhance its existing ERM framework and support the monitoring, reporting, and management of its operational, IT, and financial reporting risks.

"We are delighted to have Syncora Guarantee Services as a customer," said Gaurav Kapoor, Chief Operating Officer at MetricStream. He continued, "MetricStream is the preferred GRC solutions provider for a variety of financial services organizations worldwide, each of which is confronting an increasingly challenging risk and compliance environment. MetricStream solutions provide the ability to integrate GRC processes on a centralized, configurable platform, and provide real-time, actionable risk intelligence. By doing so, the solution enables companies like Syncora to manage the complete range of their GRC processes, including operational risk management, ERM, regulatory compliance management, loss and incident management, and vendor governance."

About Syncora

Syncora Holdings Ltd., through its monoline financial guarantee insurance subsidiary provides credit enhancement for the obligations of debt issuers worldwide.  For more information please visit www.syncora.com.

About MetricStream

MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management Solutions for global corporations. MetricStream solutions are used by leading corporations such as UBS, P&G, Constellation Energy, Pfizer, Philips, BAE Systems, Twitter, SanDisk, Cummins and Sonic Automotive 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 processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as several million compliance professionals worldwide via the www.ComplianceOnline.com  portal. MetricStream is headquartered in Palo Alto, California and can be reached at www.metricstream.com.

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Mr. Vinay Bapna

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SOURCE MetricStream