Case Study
Regulations Compliance Automation & Custom Controls for a Leading Fintech Company
A leading Fintech company that handles highly sensitive customer data, which transits through its platform. The company places immense importance on customer trust and relies on meeting various compliance standards and frameworks to ensure data security and regulatory adherence.
Challenges
Regional Regulations for Data Compliance
The company faced the challenge of adhering to a growing number of regional data compliance regulations, each with unique requirements. As the company expanded, managing these diverse regulatory needs became increasingly complex.
Manual Compliance Evidence Collection
Compliance evidence was being collected and manually stitched together in spreadsheets, creating inefficiencies and increasing the risk of errors. This manual approach also hindered the company’s ability to quickly provide evidence for audits.
On-Demand Evidence for Audits
With audits occurring at unpredictable intervals, the company needed to provide evidence on demand, a process that had become cumbersome, time-consuming, and expensive due to the manual methods in use.
