(MetricStream Inc.: Redwood Shores, California) -- MetricStream Inc. a provider of enterprisewide governance, risk, compliance, and quality management solutions, has released an updated compliance management application. The new release is designed to manage compliance with multiple regulations across complex organizational structures through a common framework.

As the multiple compliance initiatives become more intertwined from regulatory and organizational perspectives, compliance officers are focusing on effective rationalization of controls to provide a clear, unambiguous process for compliance management and to deliver a single point of reference for the organization. The new release of the compliance management application provides a configurable framework to document processes, risks, and controls across multiple areas of compliance including cross-industry mandates and regulations such as SOX, OSHA, EH&S and FCPA as well as the industry focused regulatory guidelines from FDA, NASD, FERC, PCI, FAA, HACCP, AML, Basel II, and data retention laws. The documentation can be applied across a hierarchical organization structure and allows multilayered access to information to eliminate redundancy and duplication of activities, processes, and recordkeeping.

 …