SmartStateIndia
News

Scrut Automation Launches ReguSense: The Unified Control Framework for Indian Fintech Organizations

Indian Fintech

Scrut Automation, launches of ReguSense, a new product designed to help  of all sizes navigate the complexities of rapidly-evolving regulations and manage their audits seamlessly.

Indian Fintech and BFSI companies are under strict regulatory pressure to demonstrate strong IT and Infosec maturity models, with the RBI mandating compliance with System Audit Reports (SAR), SEBI rolling out its cybersecurity framework, and traditional financial institutions like banks conducting their own security audits. These regulations are a welcome change, and are instrumental in strengthening cybersecurity for protecting consumers. The security teams at fintechs, however, struggle with audit overload, with the majority of their effort spent in showcasing proof of compliance rather than strengthening the security posture.

Akshay Ahuja, Principal – Information Security at M2P fintech, says, “Each business arm at a fintech organization, such as payment gateways, payment aggregators, pre-payment instruments, lending, mutual funds, insurance, etc. fall under the oversight of different government regulators. Despite these differences, the evidence requirements for each compliance audit remain similar. The need for a unified approach towards compliance audits for businesses operating in different financial domains, has never been more urgent.”

ReguSense solves this problem by developing a common language across controls of 25+ relevant standards, helping security teams at Fintech companies eliminate duplicity of work, get better visibility into their control effectiveness, and manage their audits seamlessly. ReguSense does so by providing structured content across standards, frameworks, and regulations for simplified control mapping. Its pre-mapped common controls save hundreds of hours of effort in implementing recommended controls across multiple frameworks. Scut Automation takes care of the continuous regulatory updates, ensuring customers are always up-to-date with the regulatory changes. Customers can also review and tailor mappings to fit their organization’s unique circumstances.

By clubbing ReguSense and its native smartGRC platform, Scrut Automation streamlines the creation, mapping, and updating of internal and external controls, thus empowering IT, security, and compliance managers to observe risks and collect evidence against mitigating controls once and map across multiple regulations.

Shashank Karincheti, Senior Manager – Regulatory and Technology Compliance at RazorPay comments, “Regulators have released several stringent circulars in the last six months, covering technical glitches, cloud security frameworks, and cybersecurity guidelines. To meet these requirements, enterprises need to adapt quickly. Automation is crucial in identifying gaps and mitigating risks in real-time. It can also help organizations generate compliance reports and audit trails automatically, reducing the burden on compliance teams.”

ReguSense has been designed to meet the unique needs of Indian fintech organizations and developed in collaboration with key Chief Information Security Officers (CISOs) of leading fintech organizations, and CERT-IN empanelled auditors responsible for enforcing these regulations.

“The Indian financial services ecosystem has witnessed a remarkable transformation, with both legacy traditional companies and newer fintech companies embracing digitization as a mode of distribution. In response, the government has also been investing in regulatory infrastructure to democratize secure access to technology,” said Aayush Ghosh Choudhury, CEO of Scrut Automation. “With ReguSense, we hope to reduce the information asymmetry surrounding compliance standards in the Fintech sector, and enable them to stay ahead of the rapidly evolving regulatory landscape.”

Related posts

HERE ranked No.1 in Strategy Analytics benchmarking report on location-based services

SSI Bureau

TrueConf in the “Innovator” Section of the 2021 Globe for Video Conferencing

SSI Bureau

GlobalLogic Has Earned the Kubernetes on Microsoft Azure Advanced Specialization

SSI Bureau

56 comments

Chloet June 28, 2024 at 4:25 pm

I enjoyed the humor in your piece! For further reading, check out: FIND OUT MORE. Let’s discuss!

Reply
Kaleigh Cyganiewicz August 19, 2024 at 11:15 am

Please let me know if you’re looking for a author for your blog. You have some really good articles and I believe I would be a good asset. If you ever want to take some of the load off, I’d love to write some material for your blog in exchange for a link back to mine. Please send me an email if interested. Kudos!

Reply
QuickBooks ProAdvisor August 27, 2024 at 9:33 pm

I am no longer certain the place you are getting your information, however good topic. I needs to spend a while studying more or figuring out more. Thank you for magnificent information I was in search of this info for my mission.

Reply
nitric boost review September 1, 2024 at 11:50 pm

You are my aspiration, I possess few web logs and rarely run out from brand :). “Never mistake motion for action.” by Ernest Hemingway.

Reply
dentavim review September 5, 2024 at 12:06 pm

Hello! Do you know if they make any plugins to assist with SEO? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good gains. If you know of any please share. Appreciate it!

Reply
The Money Wave September 5, 2024 at 4:16 pm

certainly like your website but you need to take a look at the spelling on quite a few of your posts. Several of them are rife with spelling issues and I find it very troublesome to tell the truth then again I will certainly come again again.

Reply
watch repair in newcastle September 25, 2024 at 9:46 pm

Just what I was searching for, thanks for putting up.

Reply
Kuchynské linky na mieru October 3, 2024 at 4:03 am

I dugg some of you post as I cerebrated they were invaluable very helpful

Reply
registered agent louisiana October 5, 2024 at 9:06 pm

Somebody essentially assist to make significantly posts I would state. This is the very first time I frequented your web page and thus far? I surprised with the analysis you made to make this actual publish amazing. Fantastic task!

Reply
chlorides October 6, 2024 at 3:57 am

The following time I read a blog, I hope that it doesnt disappoint me as a lot as this one. I imply, I do know it was my option to read, but I actually thought youd have one thing interesting to say. All I hear is a bunch of whining about one thing that you may repair for those who werent too busy in search of attention.

Reply
rent a car October 13, 2024 at 1:08 pm

It’s hard to find knowledgeable people on this topic, but you sound like you know what you’re talking about! Thanks

Reply
barataria la process server October 13, 2024 at 9:03 pm

Normally I do not learn article on blogs, however I would like to say that this write-up very forced me to try and do it! Your writing style has been amazed me. Thanks, quite great article.

Reply
брада October 16, 2024 at 4:21 am

Hey, you used to write great, but the last several posts have been kinda boring… I miss your tremendous writings. Past several posts are just a bit out of track! come on!

Reply
empadronamiento mijas November 16, 2024 at 11:49 pm

The subsequent time I read a blog, I hope that it doesnt disappoint me as much as this one. I mean, I do know it was my option to learn, but I truly thought youd have something attention-grabbing to say. All I hear is a bunch of whining about one thing that you possibly can fix when you werent too busy in search of attention.

Reply
prix sablage de plancher December 5, 2024 at 1:17 am

Wonderful web site. Plenty of helpful information here. I?¦m sending it to a few friends ans additionally sharing in delicious. And certainly, thanks in your sweat!

Reply
budget optimization December 13, 2024 at 10:03 am

Woh I love your blog posts, bookmarked! .

Reply
Seattle Sign Fabricators December 27, 2024 at 11:23 pm

I believe that avoiding highly processed foods is the first step in order to lose weight. They could taste beneficial, but refined foods have very little vitamins and minerals, making you take more just to have enough power to get through the day. For anyone who is constantly feeding on these foods, switching to whole grain products and other complex carbohydrates will let you have more vitality while taking in less. Thanks alot : ) for your blog post.

Reply
Coquitlam pain rehabilitation December 29, 2024 at 8:53 pm

I have witnessed that sensible real estate agents everywhere you go are warming up to FSBO ***********. They are realizing that it’s in addition to placing a sign post in the front property. It’s really regarding building interactions with these sellers who sooner or later will become purchasers. So, while you give your time and efforts to assisting these sellers go it alone : the “Law connected with Reciprocity” kicks in. Good blog post.

Reply
free processing January 2, 2025 at 7:28 am

F*ckin’ amazing things here. I am very glad to see your article. Thanks a lot and i’m looking forward to contact you. Will you kindly drop me a e-mail?

Reply
Best home care agencies in London January 5, 2025 at 4:08 pm

Fantastic site. Plenty of useful info here. I’m sending it to some pals ans additionally sharing in delicious. And obviously, thanks in your effort!

Reply
Website SEO January 10, 2025 at 9:26 am

Hmm is anyone else having problems with the images on this blog loading? I’m trying to find out if its a problem on my end or if it’s the blog. Any feed-back would be greatly appreciated.

Reply
cheap cam sex January 15, 2025 at 5:27 am

Nearly all of whatever you mention is astonishingly accurate and it makes me ponder why I had not looked at this with this light previously. This particular article truly did turn the light on for me personally as far as this specific subject goes. Nonetheless there is just one issue I am not too comfy with so whilst I attempt to reconcile that with the core theme of your point, permit me see exactly what the rest of the visitors have to point out.Very well done.

Reply
non prescription anxiety medication January 16, 2025 at 1:24 pm

whoah this blog is wonderful i like reading your posts. Keep up the great paintings! You recognize, lots of people are looking round for this info, you can aid them greatly.

Reply
large framed christmas wall art January 17, 2025 at 1:15 pm

A few things i have seen in terms of computer system memory is that often there are requirements such as SDRAM, DDR or anything else, that must fit the specs of the motherboard. If the computer’s motherboard is very current and there are no operating-system issues, changing the storage space literally normally takes under an hour. It’s on the list of easiest laptop or computer upgrade techniques one can envision. Thanks for sharing your ideas.

Reply
Slottica Casino January 24, 2025 at 4:51 pm

I have learned result-oriented things by means of your site. One other thing I would really like to say is the fact that newer personal computer operating systems tend to allow additional memory for use, but they also demand more storage simply to perform. If your computer can not handle additional memory as well as newest software program requires that storage increase, it might be the time to shop for a new PC. Thanks

Reply
Cash For Gold Boston January 28, 2025 at 1:45 pm

Hey very cool blog!! Man .. Excellent .. Amazing .. I’ll bookmark your site and take the feeds also?I am happy to find a lot of useful info here in the post, we need work out more strategies in this regard, thanks for sharing. . . . . .

Reply
car rental January 29, 2025 at 4:01 pm

I really like your writing style, superb info , thankyou for putting up : D.

Reply
wyprogramowanie adblue February 5, 2025 at 2:33 am

I think other website proprietors should take this website as an model, very clean and excellent user genial style and design, let alone the content. You are an expert in this topic!

Reply
biomag oder bemer February 6, 2025 at 4:50 pm

Greetings! Very helpful advice on this article! It is the little changes that make the biggest changes. Thanks a lot for sharing!

Reply
DefiLlama Swap February 9, 2025 at 2:00 am

My brother recommended I might like this website. He was totally right. This post actually made my day. You cann’t imagine simply how much time I had spent for this information! Thanks!

Reply
سایت شرط بندی خارجی 1xbet February 9, 2025 at 4:21 am

Usually I don’t read post on blogs, but I would like to say that this write-up very forced me to try and do it! Your writing style has been surprised me. Thanks, very nice post.

Reply
دانلود takbet February 9, 2025 at 11:47 am

What¦s Happening i am new to this, I stumbled upon this I’ve discovered It absolutely useful and it has aided me out loads. I am hoping to contribute & aid other users like its aided me. Good job.

Reply
سایت مگاپاری February 9, 2025 at 7:58 pm

Some genuinely fantastic info , Gladiolus I discovered this. “The world is the sum-total of our vital possibilities.” by Jose Ortega y Gasset.

Reply
Stake Eth February 10, 2025 at 5:35 pm

Stake Eth

Reply
Rocket Pool February 10, 2025 at 5:49 pm

Rocket Pool

Reply
Rocket Pool February 11, 2025 at 3:04 am Reply
Sushi Swap App February 12, 2025 at 10:52 am

Nice article, have a look at my site “https://www.issuewire.com/sushi-swap-the-best-crypto-platform-in-2025-1823683727364009”

Reply
Sushi Swap February 12, 2025 at 2:50 pm

Nice article, have a look at my site “https://www.issuewire.com/sushi-swap-the-best-crypto-platform-in-2025-1823683727364009”

Reply
Sushi Swap February 12, 2025 at 4:12 pm

Nice article, have a look at my site “https://www.issuewire.com/sushi-swap-the-best-crypto-platform-in-2025-1823683727364009”

Reply
SushiSwap App February 12, 2025 at 7:33 pm

nice article ave a look at my site “https://www.newsbreak.com/crypto-space-hub-313321940/3799652652916-top-crypto-investments-in-2025-bitcoin-ai-projects-tokenized-assets”

Reply
iziswap February 13, 2025 at 3:43 pm Reply
1xbet resmi sitesi February 13, 2025 at 5:56 pm

Its like you read my mind! You seem to know a lot about this, such as you wrote the ebook in it or something. I think that you can do with some p.c. to drive the message house a little bit, however other than that, this is wonderful blog. An excellent read. I’ll definitely be back.

Reply
woofi finance February 14, 2025 at 2:04 am

Found a great resource for finance: Woofi Finance!

Reply
SpookySwap February 14, 2025 at 4:40 am

Choose a compatible wallet like Metamask or Trust Wallet to get started.

Reply
woofi finance February 14, 2025 at 4:58 am

I appreciate the insights in this post. Well done!

Reply
touristrequirements.info March 21, 2025 at 7:32 pm

Hello, its pleasant paragraph about media print, we all be aware of media is a great
source of facts.

Reply
YYBTIfocnX May 25, 2025 at 2:14 am
Reply

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More