RBI
Secure, seamless, and user friendly access to RBI Compliance Services
Sigmify GRC enables companies and financial institutions to efficiently comply with RBI regulations by offering a centralized platform for governance, risk management, and compliance. It streamlines regulatory tracking, automates compliance processes, and provides real-time insights, helping organizations stay aligned with evolving RBI guidelines while reducing risk and operational complexity
RBI
The Reserve Bank of India (RBI) recently released guidelines on Information Technology governance for Regulated Entities (REs) like banks, non-bank financial companies, credit information companies, and other financial entities.
Here is how Sigmify GRC helps you with compliance.
The Sigmify GRC solution is comprehensive.
It provides a ready-made library of domains, controls, and compliance checklists. The setup enables configuration of automated parameters such as effective period, compliance frequency, lead time for completion, and evidence collection supported by logs and system data. It helps assign controls to responsible stakeholders and their teams across the organization.
A team of experts continuously monitors the environment and updates these libraries using SIEM-integrated logs, security events, HRM and threat intelligence signals
Sigmify GRC’s workflow foundation helps in automating the GRC function, thereby reducing the costs of this function.
It allows for converting guidelines into actionable tasks and assigning them to relevant teams for timely completion. The tasks appear in the work queues of team members, allowing them to update checklist items, attach evidence from logs and SIEM, HRM events, add comments, and share tasks further for collaboration, if required. The collaboration features help bring compliance tasks, monitoring insights, and related communication into one place departments.
This unified workflow approach ensures that compliance tasks, risk signals, and security alerts are managed cohesively in one platform.
Sigmify GRC provides assured results by gathering evidence of task completion from logs and SIEM, HRM events, creating status dashboards, risk scorecards, and reports to be presented to the authorities.
Sigmify GRC improves visibility across the organization through SIEM-driven insights for stakeholders, the executive committee, and the board. It reduces the time for remediation through real-time monitoring. It reduces the risk to reputation, penalties, and overall disruption in the business.