Associated Banc-Corp Selects MetricStream for Integrated GRC

         Associated Banc-Corp Selects MetricStream for Integrated GRC

MetricStream to integrate and streamline the bank's compliance, risk, and IT
GRC processes, and align them with broader strategic decision-making efforts

PR Newswire

PALO ALTO, Calif., Aug. 6, 2013

PALO ALTO, Calif., Aug. 6, 2013 /PRNewswire/ --Leading Midwestern-based
financial services company, Associated Banc-Corp, recently selected
MetricStream to provide integrated solution management for its various
Governance, Risk, and Compliance (GRC) processes.

Built on a single scalable GRC platform, the solution will help unify,
streamline, and improve visibility into Operational Risk Management (ORM),
Enterprise Risk Management (ERM), vendor risk management, IT GRC, and
compliance with banking regulations and other laws and regulations applicable
to financial institutions. The solution will also aggregate critical risk and
compliance intelligence from across the enterprise in real time, enabling
management to make proactive and actionable strategic decisions.

With total assets over $24 billion, Associated ranks among the top 50 publicly
traded U.S. bank holding companies. Headquartered in Wisconsin, Associated is
home to more than 4,800 employees working across approximately 240 banking
locations. The company offers a broad range of financial products and services
to over 150 cities across Wisconsin, Illinois, Minnesota, Indiana, Michigan,
Missouri, Ohio, and Texas.

"Our main challenge around risk and compliance management has been the
fragmentation of information across the organization. Therefore, we chose to
make the investment and leverage technology to have a unified view of the
enterprise-wide GRC program," said Laurie Flom, Senior Vice President,
Director of Enterprise Risk Management at Associated. "MetricStream is our
chosen vendor because of the comprehensive solution sets offered, the
integrated and flexible data model structure, and the multi-dimensional
hierarchy mapping. We look forward to implementing the system and continuing
our strong relationship."

MetricStream's Integrated GRC Solution will scale across multiple locations,
consolidating and harmonizing risk, compliance, and IT GRC processes into a
single common point of reference. Associated will be able to streamline
compliance and control assessments and monitoring, in line with SOX and the
Office of the Comptroller of the Currency (OCC) regulations. The company will
also be able to simplify and strengthen risk identification, assessment,
monitoring, and mitigation across operational risks, vendor risks, and
enterprise risks.

All risk data, including risk-control self-assessments, Key Risk Indicators
(KRIs), losses and near misses, issues and remediation plans will be brought
together in a single framework for increased top-level visibility. Powerful
dashboards, analytics, and reports will deliver valuable risk insights,
enabling Associated to optimize risk-reward outcomes.

The solution will also provide a centralized IT GRC framework to support IT
risk identification and analysis, control design and monitoring, and issue

"We look forward to working with Associated on this important journey towards
integrated and pervasive GRC," said Gaurav Kapoor, Chief Operating Officer at
MetricStream. He continued, "Faced with volatile markets and increasing
regulatory oversight, financial services institutions are rapidly replacing
point systems with GRC frameworks. MetricStream helps organizations of all
sizes approach GRC in a collaborative and comprehensive manner by breaking
down restrictive silos, automating resource-intensive processes, and providing
real-time risk and compliance intelligence. This enables organizations to
thrive on risk by leveraging their GRC processes to drive better business

Associated will also leverage world-class content from RiskSpotlight, a
MetricStream partner, to support and strengthen its risk management
programs.RiskSpotlight is a best of breed library of defined risks linked to
relevant causes, controls, KRIs, and impacts. RiskSpotlight has partnered with
MetricStream to deliver content-rich risk management applications to customers
as a part of Zaplet, MetricStream's open and flexible cloud platform and
ecosystem for building and distributing specialized and niche GRC applications
that address specific industry challenges.

About Associated Banc-Corp

Associated Banc-Corp has total assets of $24 billion and is one of the top 50,
publicly traded, U.S. bank holding companies. Headquartered in Green Bay,
Wis., Associated is a leading Midwest banking franchise, offering a full range
of financial products and services through approximately 240 banking locations
serving more than 150 communities throughout Wisconsin, Illinois and
Minnesota, and commercial financial services in Indiana, Michigan, Missouri,
Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal
Opportunity Lender and Member FDIC. More information about Associated
Banc-Corp is available at

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 portal. MetricStream
is headquartered in Palo Alto, California and can be reached

Media contacts:

Ms. Autumn M Latimore
Senior Vice President
Public Relations Director
Phone: +1 414-278-1860
Cell: +1 262-880-4195

Mr. Vinay Bapna
Senior Director Marketing
+1 650-620-2955

Read more news from MetricStream.

SOURCE MetricStream

Press spacebar to pause and continue. Press esc to stop.