Top Story

e4m_logo.png

Home >> Industry Briefing >> Article

Birlasoft pioneers with governance, risk and compliance offering

17-August-2011
Font Size   16
Share
Birlasoft pioneers with governance, risk and compliance offering

Birlasoft, the global IT services arm of the multi-billion dollar CK Birla Group, has announced its Governance, Risk and Compliance (GRC) strategy designed to help businesses become more agile, gain greater visibility into their data, and balance business risk and responsiveness. Since the law was published in 2010, Birlasoft has set up a domain led competency to carry out comprehensive research and thought leadership for organisations grappling to understand and respond to the law’s still evolving technology requirements.

“Impending regulations, client and internal pressures are driving securities firms to enhance and restructure their compliance and regulatory infrastructure. This will remain a top priority for securities firms for the next few years and drive investments in areas such as OTC Derivatives, market surveillance and risk management,” said Dushyant Shahrawat, CFA, Senior Research Director, TowerGroup.

The new GRC solution is developed on Birlasoft’s deep expertise and experience on wide-reaching compliance requirements for different vertical industries. While grouping all governance, risk and compliance solutions under an integrated GRC framework, Birlasoft has developed solutions around Dodd Frank Act, to Basel II, to Solvency II, to data privacy compliance and beyond. Birlasoft’s GRC strategic consulting offering will give another tool to IT leaders and their business counterparts to prepare in advance, enabling higher levels of regulatory requirements, effectively utilising their resources – allocating budgets to meet their compliance obligations.

“At Birlasoft, we have developed a comprehensive and flexible framework to respond to both market dynamics as well as individual organisation’s requirements. We can work with our clients to transform risk management challenges into a value-changing capability. The right level of risk management capability can position the company for better economic returns, lower risk, improved value and increased confidence of the stakeholder and hence we are proud to have a pioneering offering in this space which can yield that edge,” said Basu Dutta, Vice President – Banking & Financial Services (Practice), Birlasoft.

 

Tags

Vinik Karnik, Business Head - ESP Properties, talked about what went into conceptualising the first edition of the entertainment marketing report, Showbiz

Rahul Jhamb, Brand Head, Forever 21, on how the fast fashion brand always stays on the pulse of latest marketing trends

Heavy spends on OOH and print sum up this year’s ad spends of YLG Salon

Baba Ramdev brought his sharp wits for an interview with e4m where he promised to disrupt more markets and spoke about he the way he created a brand through consistent and selfless work

Heavy spends on OOH and print sum up this year’s ad spends of YLG Salon

Thomas, Chief Marketing Officer, Diageo India, gives us a peek into the marketing strategy for McDowell’s No 1 Soda, its creation of ‘No 1 Yaari Jam,’ their own set of 4Ps and importance of content

Prior to joining Madison PR in 2012 Chaudhary was Group President Corporate Communications at Reliance Industries Limited.