Modernized GRC Platform Implementation for a Fintech company

A leading FinTech firm navigating complex regulatory landscapes

The business situation

A leading FinTech organization could not monitor and manage organizational risks holistically through a consolidated platform. This increased risks across business functions and high regulatory and operational impact.

Key challenges were:

Lack of one view of risks across functions, entities, and regulatory bodies.
Siloed Risk and Controls Assessments
Duplication of GRC efforts across three lines of defense
High risk vendors with access to critical applications

Our team’s role

Common Controls Framework

Implemented and automated the common controls framework

Vendor Risk Assessments

Automated pre-onboarding vendor tiering and assignment of customized risk assessments across multiple control domains aligned with ISO 27001

Integrated Modules

Enabled integration across modules for policy management, compliance tracking, and risk assessment

NLP Search Capability

Implemented NLP-based search across internal and external knowledge bases

The value our team added

Deep techno-functional expertise in Governance, Risk, and Compliance led the client to build a scalable and tailored GRC platform for efficient operations.

Client operated with a unified GRC Taxonomy across the organization (risks, controls, issues)
Embedded AI for referencing, querying, and document management
Efficient monitoring and mitigation with a real-time, integrated view of risks and controls