Company: MetricStream Inc, Bangalore, India
Company Description: MetricStream is the leading provider of solutions for Governance, Risk, Compliance (GRC), and Quality Management. MetricStream solutions address a growing range of compliance issues that affect business operations by delivering regulation-specific functionality based on industry best practices.
Nomination Category: Products & Product Management Categories
Nomination Sub Category: Best New Product or Service - Computer Services

Nomination Title: ComplianceOnline.com – online Ecosystem for Compliance Professionals

   1. Tell the story about this nominated product or service (up to 500 words). Describe its functions, features, benefits, and sales results to date. You may include here hyperlinks to product photographs and data sheets. IMPORTANT: Begin each link with http://, and enclose each link in square brackets; for example, [http://www.youraddress.com]:

          ComplianceOnline.com is the leading portal and online community serving as the
          trusted source for millions of professionals seeking information, best
          practices, and training on regulatory compliance issues. Based on the Web 2.0
          paradigm it provides an open, flexible, and participatory platform model for
          content and commerce around compliance. ComplianceOnline has pioneered the way
          today’s professionals get trained. Until very recently, compliance professionals
          had to attend daylong workshops away from their office but with our web-based
          training we have not just brought compliance experts and members closer but also
          introduced a new concept of online training for compliance professionals.
          ComplianceOnline.com has created an online ecosystem for compliance
          professionals worldwide.

          Within a very short span of time, the portal has become a popular channel for
          our members to get trained on different regulations and compliance laws. At
          ComplianceOnline we are user-centric with our members suggesting training
          topics, attend training on the same and evaluating the experts. The feedback
          given by members goes into our database, which helps us in compliance
          experts/trainer evaluation. This democratic system ensures that we conduct
          trainings only from the very best of subject domain experts.

          Some of the highlights of this initiative are –

          · Our research team reviews the workshops, seminars, classes, and journals in
          the experts’ area of expertise and suggests training topics
          · We have on hundreds of compliance experts leveraging ComplianceOnline as the
          platform for conducting training
          · 1.2 Million compliance and quality professionals visited our portal over the
          last one-year.
          · Last year over 2,500 people from over 1000 companies got trained on
          ComplianceOnline. This number is set to cross 10,000 in 2007.
          · Compliance continues to be a challenge for life-sciences firms from all over
          the globe. This is the reason why compliance professionals from 100% of the top
          100 life-sciences companies have been trained on ComplianceOnline. This ensures
          that their team members are in sync with the latest regulatory requirements.

          What we have done for compliance experts –

          · Global Exposure  - Highlight expert profile on ComplianceOnline, the
          destination for compliance professionals from all over the world
          · Generate numerous Business Referrals for follow up consultancy projects
          · Corporate Training – Corporation have contacted our experts for custom
          training on site
          · Along with promoting compliance experts, ComplianceOnline has also created a
          program for sharing revenue with our experts

          What we have done for compliance professionals –

          · Our daily compliance alerts allow monitoring compliance-related news and
          keeping current on industry regulations based on their choice of query, topic,
          or issue.
          · Our specialized meta-search engine aggregates content from rich sources to
          find highly relevant content that is otherwise difficult to find as compliance
          information and data sources are highly fragmented.
          · Open Source Community on ComplianceOnline is the largest hub for exchange of
          information and ideas between peers via Blogs and Podcasts while regulators
          leverage it as a platform to conduct outreach programs.

          NASDAQ and MetricStream entered into an agreement where MetricStream’s
          ComplianceOnline.com portal develops specialized compliance training and content
          for NASDAQ-listed companies. The alliance with MetricStream and its Compliance
          Online business unit furthers NASDAQ's strategy to provide its listed companies
          with access to a full suite of corporate governance services from leading
          providers including the National Association of Corporate Directors and Equilar.
          NASDAQ-listed companies can now easily access information on a broad range of
          compliance issues ranging from Food and Drug Administration, SEC, Basel, Patriot
          Act, OSHA, HIPAA, and GLBA guidelines to Environmental, FERC/Energy and ISO 9000
          standards among others.

          http://www.complianceonline.com

   2. List hyperlinks to any online news stories, press releases, product reviews, or other documents that support the claims made in the section above. IMPORTANT: Begin each link with http://, and enclose each link in square brackets; for example, [http://www.youraddress.com]:

          Complianceonline.Com Leads The Market In Governance, Compliance And Quality
          http://www.metricstream.com/pressNews/pressrelease_57.htm

           NASDAQ and MetricStream Announce Corporate.ComplianceOnline.com, a Portal and
          Online Community for Compliance
          http://www.metricstream.com/pressNews/pressrelease_52.htm
          
          MetricStream announces ComplianceOnline.com
          http://www.metricstream.com/pressNews/pressrelease_51.htm

   3. Provide a brief (up to 100 words) biography about the leader(s) of the team that developed the nominated product or service:

          Gunjan Sinha - Chairman

          As the Chairman, Gunjan Sinha is responsible for leading the strategy and
          execution at MetricStream. Over his career, Gunjan has spent over 15 years in
          various entrepreneurial, board and executive positions developing, marketing and
          selling software and Internet services. As an Internet pioneer, he was the
          co-founder and President of WhoWhere? Inc., a leading Internet directory
          services company acquired by Lycos in 1998 as well as eGain, an online customer
          service company which successfully served over 800 businesses around the world.
          Earlier in his career, Gunjan also co-founded Viman Software, Inc., a network
          license management company, and Parsec Technologies Pvt. Ltd., an international
          call center company based in India. Gunjan has served on the Board of several
          venture-backed technology companies.