Birlasoft pioneers with GRC Offering
Birlasoft 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.
"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.
"At Birlasoft, we have developed a comprehensive and flexible framework to respond to both market dynamics as well as individual organization'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, Birlasoft.
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