Palo Alto, CA -- (SBWIRE) -- 09/28/2009 -- MetricStream, Inc., the market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management solutions, today announced that it is hosting a complimentary webinar titled " Preparing for FERC's New Audit and Investigation Enforcement Program” on Thursday, September 22, 2009 at 09:00 am Pacific (12:00 pm Eastern).
Federal Energy Regulatory Commission (FERC) is stepping up enforcement signaling an increase in overall regulatory scrutiny. The level of scrutiny and engagement, which the new enforcement regime will bring, is imposing on energy and utility companies that have to manage numerous federal and state requirements including FERC & NERC compliance.
This webinar will outline key strategies, techniques and tools essential for effectively utilizing people, processes and technology to respond to compliance enforcement challenges and engage regulators.
Some of the aspects covered include the following:
1. What new areas and activities will be scrutinized and how to deal with the enforcement
2. How to engage with regulators given the increasing intensity investigations and audits
3. How to gear up for producing records of evidence and proof to substantiate compliance
4. How to integrate compliance processes to manage risks, issues, violations and exceptions
5. How to reduce compliance costs with process automation and efficient resource utilization
This webcast will feature John Ballentine, Principal, ProComply. John is a Principal at ProComply, a Texas-based regulatory services provider to the energy industry. Prior to joining ProComply, John served over 20 years as a senior compliance executive in both electric and natural gas companies subject to federal regulation. An ardent advocate for streamlined, effective regulatory risk management in the energy industry, John co-developed ProComply's "Sustainable Compliance" program model based on a proactive approach to managing regulatory risk..
Mr. Ballentine will be joined by Mike Milton, Director, GRC Solutions at MetricStream.
To register for this webinar, go to: http://www.metricsream.com/webinars/webinar_22sep09.htm
About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, BP, Subway, Fairchild Semiconductor, Hitachi and TaylorMade-Adidas Golf in diverse industries such as 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 http://www.metricstream.com.