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London headquartered Betfair selects MetricStream IT-GRC Solution for IT Risk and Compliance Management

Wednesday - Jun 06, 2012, 12:41pm (GMT+5.5)
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Mumbai - Bangalore based MetricStream, the market leader in enterprise- wide Governance, Risk and Compliance (GRC) and Quality Management Solutions (QMS), has announced that London headquartered Betfair (LON: BET), one of the world's largest international online sports betting services provider, has selected MetricStream IT- GRC Solution to support its IT risk, assurance, policy and training management activities. MetricStream will help automate and streamline Betfair's compliance with data security standards like ISO 27001 and the Payment Card Industry Data Security Standard (PCI DSS).

Betfair is one of the world's largest international online sports betting providers. Betfair pioneered the first successful Betting Exchange that eliminated the need for a traditional bookmaker. Driven by world-leading technology, the company now processes over five million transactions a day from its three million registered customers around the world.

"We are excited to partner with Betfair and support its IT risk, policy and training management initiatives," said Shankar Bhaskaran, GM and VP of International Business Operations at MetricStream. "MetricStream Solution will help Betfair automate and streamline compliance with varying data security standards and strengthen its capabilities to manage IT risks, policies, and training."

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 Pfizer, Philips, NASDAQ, UBS, SanDisk, Subway, Fairchild Semiconductor, Constellation Energy and Cummins in diverse industries such as Healthcare, Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a 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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