Pharmxis goes live with MetricStream's solution for SOX compliance

Bangalore, Jun 18(UNI) The city based MetricStream, the market leader in enterprise-wide governance, today announced that Australia based global pharmaceutical company Pharmaxis ltd. has gone live with Metric Stream's GRC solution.

MetricStream, Head of sales and marketing (Asia Pacific) Shankar Bhaskaran said in a release here that " with a multitude of regulations to comply with, companies today are seeking an integrated technology platform for multi-regulatory compliance to bring down the cost of compliance and reduce the risk of non-compliance".

The MetriStream solution would serve as an enterprise-wide risk and internal controls platform for Pharmaxis, enabling financial compliance with SOx. It would allow Pharmaxis to document their financial processes, risks and controls in a single repository, test the effectiveness of internal control.

UNI