MetricStream Enters the Tanzanian Market

MetricStream has hosted the African GRC Conference along with its partner Business Connexion in Zanzibar, Tanzania to mark the launch of its comprehensive portfolio of GRC solution offerings in the country.
MetricStream, with its highly acclaimed GRC solutions, has entered the market at a very apt time and will look to enable businesses in Tanzania to address their regulatory compliance and enterprise risk management requirements and playing a strategic part in their global growth.
The event brought together top officials of Tanzania’s leading banks, oil and gas companies and other major public and private sector enterprises. Marius Schoeman, Chief Operation Officer-International of Business Connexion delivered the keynote and Dr. ModestusKipilimba, Director Risk Management at Bank of Tanzania, presented a case study on the state of Enterprise Risk Management in African Banks at the conference.
With an extremely diverse market, Tanzania, the largest country in East Africa, offers an unending array of opportunities for local businesses to expand their growth prospects to new levels. However, constant flux in international and local regulatory policies call for a deeper understanding of the recent changes, trends and subsequent impacts on organizations to survive and thrive in this very challenging economy. Therefore, it is imperative that enterprises in Africa and around the world adopt a robust system of resilience to take their businesses forward. A successful incorporation of an effective GRC solution will help organizations identify and mitigate existing and emerging risks arising from complex business practices, shifting business landscape, emerging laws and or extensive compliance mandates etc.