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IESO, one of the Independent System Operators in North America, Selects MetricStream GRC for Monitoring Compliance to Electric Reliability Standards
Date:3/18/2010

Solution to support the Reliability Compliance Program for NERC and NPCC standards covering 300 power generators, traders, utilities and transmitters monitored and overseen by IESO in Ontario, Canada.

(PRWEB) March 18, 2010 -- MetricStream, Inc., the market leader in enterprise Governance, Risk, Compliance (GRC) solutions, announced today that Ontario’s Independent Electricity System Operator (IESO), one of the Independent System Operators (ISOs) in North America, has selected MetricStream’s Enterprise GRC Platform to streamline and automate implementation and monitoring of compliance to electric reliability standards laid down by the North American Electric Reliability Corporation (NERC) and the Northeast Power Coordinating Council (NPCC).

The IESO works at the heart of Ontario's power system, connecting all participants - generators that produce electricity, transmitters that send it across the province, retailers that buy and sell it, industries that use it and local distribution companies. Overseeing 300 power entities in the region, the IESO ensures the reliable operation of the provincial electricity grid acting as the reliability co-coordinator for the province of Ontario, developing and enforcing reliability standards and ensuring compliance.
MetricStream will implement its compliance and policy management solution for enabling a systematic compliance monitoring process for NERC and NPPC electric reliability standards. The system will support integrating reliability standards, capture reporting from various market participant organizations in Ontario and ensuring compliance to those standards, and reporting compliance status to the standards authority.

The solution will provide a centralized data model, informat
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